Meeting papers

Noosa Shire Council
2023/24 Budget Statements                                                                                                                  STATEMENT OF FINANCIAL POSITION
For the period ending 30 June
                                      Current        Original
Annual Result                                                        BR1                                                                   Forecast
                                      Budget         Budget
                                       2023           2024           2024          2025          2026          2027          2028           2029           2030          2031          2032          2033
Statement of Financial Position        $,000          $,000          $,000         $,000         $,000         $,000         $,000          $,000          $,000         $,000         $,000         $,000

Assets
  Current assets
  Cash and cash equivalents       $     87,599 $        83,022   $    85,677   $    73,655   $    69,900   $    65,608   $    62,011   $      60,114   $    62,024   $    61,545   $    61,648   $    62,802
  Trade and other receivables     $     11,356 $        12,219   $    12,219   $    12,527   $    12,876   $    13,215   $    13,527   $      13,921   $    14,288   $    14,658   $    14,997   $    15,428
  Inventories                     $        144 $           144   $       144   $       144   $       144   $       144   $       144   $         144   $       144   $       144   $       144   $       144
  Other current assets            $      2,898 $         2,898   $     2,898   $     2,898   $     2,898   $     2,898   $     2,898   $       2,898   $     2,898   $     2,898   $     2,898   $     2,898
  Total current assets            $    101,997   $      98,283   $   100,938   $    89,224   $    85,818   $    81,865   $    78,579   $      77,077   $    79,355   $    79,246   $    79,688   $    81,272
  Non-current assets
  Investments                     $ 149,158      $ 149,158       $ 149,158     $ 149,158     $ 149,158     $ 149,158     $ 149,158     $ 149,158       $ 149,158     $ 149,158     $ 149,158     $ 149,158
  Property, plant & equipment     $ 1,241,404    $ 1,282,910     $ 1,279,088   $ 1,346,759   $ 1,420,167   $ 1,460,314   $ 1,494,813   $ 1,527,873     $ 1,558,067   $ 1,592,145   $ 1,624,705   $ 1,656,807
  Other non-current assets        $       665    $       613     $       613   $       561   $       509   $       457   $       405   $       353     $       301   $       250   $       198   $       146
  Total non-current assets        $ 1,391,227    $ 1,432,681     $ 1,428,859   $ 1,496,478   $ 1,569,834   $ 1,609,929   $ 1,644,376   $ 1,677,384     $ 1,707,526   $ 1,741,553   $ 1,774,061   $ 1,806,110
  Total assets                    $ 1,493,224    $ 1,530,965     $ 1,529,798   $ 1,585,703   $ 1,655,652   $ 1,691,795   $ 1,722,955   $ 1,754,461     $ 1,786,881   $ 1,820,798   $ 1,853,748   $ 1,887,383

Liabilities
  Current liabilities
  Trade and other payables        $      8,326 $         8,964 $       9,036 $       9,075 $       9,268 $       9,450 $       9,667 $         9,957 $      10,223 $      10,493 $      10,727 $      11,030
  Borrowings                      $      1,081 $           920 $       1,365 $       1,615 $       1,668 $       1,722 $       1,785 $         1,846 $       1,910 $       1,973 $       2,044 $       2,115
  Provisions                      $      8,103 $         8,103 $       8,103 $       8,103 $       8,103 $       8,103 $       8,103 $         8,103 $       8,103 $       8,103 $       8,103 $       8,103
  Other current liabilities       $      6,660 $         6,660 $       6,660 $       6,660 $       6,660 $       6,660 $       6,660 $         6,660 $       6,660 $       6,660 $       6,660 $       6,660
  Total current liabilities       $     24,171   $      24,647   $    25,165   $    25,452   $    25,700   $    25,936   $    26,214   $      26,566   $    26,896   $    27,230   $    27,534   $    27,908
  Non-current liabilities
  Borrowings                      $     29,110   $      31,619   $    30,924   $    35,810   $    34,142   $    32,420   $    30,637   $      28,791   $    26,881   $    24,908   $    22,863   $    20,748
  Provisions                      $     24,121   $      24,121   $    24,121   $    24,121   $    24,121   $    24,121   $    24,121   $      24,121   $    24,121   $    24,121   $    24,121   $    24,121
  Other non-current liabilities   $      8,866   $       8,866   $     8,866   $     8,866   $     8,866   $     8,866   $     8,866   $       8,866   $     8,866   $     8,866   $     8,866   $     8,866

  Total non-current liabilities   $     62,097   $      64,606   $    63,911   $    68,797   $    67,129   $    65,407   $    63,624   $      61,778   $    59,868   $    57,895   $    55,850   $    53,735
  Total liabilities               $     86,267   $      89,254   $    89,076   $    94,250   $    92,829   $    91,343   $    89,838   $      88,343   $    86,764   $    85,124   $    83,384   $    81,643
Net community assets              $ 1,406,956    $ 1,441,711     $ 1,440,722   $ 1,491,453   $ 1,562,823   $ 1,600,452   $ 1,633,117   $ 1,666,118     $ 1,700,117   $ 1,735,674   $ 1,770,364   $ 1,805,739

Community equity
  Asset revaluation surplus       $ 343,707      $ 366,747       $ 366,639     $ 390,402     $ 415,476     $ 441,974     $ 469,251     $ 497,204       $ 525,807     $ 555,011     $ 584,898     $ 615,445
  Retained surplus                $ 1,063,249    $ 1,074,964     $ 1,074,082   $ 1,101,051   $ 1,147,347   $ 1,158,478   $ 1,163,866   $ 1,168,914     $ 1,174,309   $ 1,180,663   $ 1,185,466   $ 1,190,294
  Total community equity          $ 1,406,956    $ 1,441,711     $ 1,440,722   $ 1,491,453   $ 1,562,823   $ 1,600,451   $ 1,633,117   $ 1,666,117     $ 1,700,117   $ 1,735,674   $ 1,770,364   $ 1,805,739




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