Annual Report 2015-16

The graph below shows Council’s cash and debt holdings as at 30 June 2016 compared to the
previous year. Cash levels have increased marginally despite delivery of the large capital works
program undertaken during 2015/16. Debt levels have decreased as Council continues to minimise
its debt position.

Figure 6 – Cash and Debt Comparison ($’000)
  $60,000

  $50,000

  $40,000

  $30,000

  $20,000

  $10,000

      $-
                          Cash                         Debt

                               2014/15    2015/16




Assets – what we own
Current Assets are represented by cash, investments, inventories and receivables (money owed to
Council). Council’s current assets as at 30 June 2016 equated to $61.3 million.

Non-Current assets of over $1 billion, includes property, plant and equipment totalling $907 million,
as well as the value of Council’s investment in Unitywater. Property, Plant and Equipment
represents community infrastructure including roads, bridges, stormwater and buildings, as well as
other operational assets owned and controlled by Council.

The main non-current asset categories and their respective values are shown in the following
figure.




Noosa Council Annual Report 2015/16                                                          Page 35