2014-01-13 Item 6.3 Appendices 1-5

                    Inventory which relates to specific plant and machinery, infrastructure or      Based on the allocation of inventory as at 30 June 2013, adjusted for movements
                    work in progress should go to the new council or continuing council where       related to the new council and continuing council operations to 31 December 2013.
                    the specific plant and machinery, infrastructure or work in progress is
                                                                                                    Inventory which relates to specific plant and machinery, infrastructure or work in
                    allocated.
Inventory                                                                                           progress should go to the new council or continuing council where the specific plant
                    Residual inventory should be based on the percentage of inventory               and machinery, infrastructure or work in progress is allocated.
                    contributed by the new council and continuing council at amalgamation.
                                                                                                    Residual inventory should be based on the percentage of inventory contributed by
                                                                                                    the new council and continuing council at amalgamation.

                    Based on balance of prepayments as at 30 June 2013 attributable to the          Based on the balance of prepayments as at 31 December 2013 for the new council
                    new council and continuing council (ie, allocated in accordance with the        and continuing council.
Prepayments         underlying transaction).



                    Based on the physical location of the PP&E as at 30 June 2013. The new          Based on the physical location of PP&E assumed as at 30 June 2013, adjusted for
                    council and continuing council should receive PP&E in their geographical        any agreed movements in PP&E to 31 December 2013.
PP&E                areas.
                                                                                                    The new council and continuing council should receive all PP&E required in their
                    Where there is uncertainty / disagreement, the allocation should be based on    geographical area.
                    the balance of PP&E held as at 30 June 2012.

                    Based on the physical location of the assets to which the intangible asset      Based on the balance of intangible assets as at 30 June 2013, adjusted for any
Intangible assets   relates as at 30 June 2013.                                                     movements in intangible assets to 31 December 2013.



                    Based on the physical location of the capital works in progress as at 30 June   Based on the balance of capital works in progress as at 30 June 2013, adjusted for
                    2013. The new council and continuing council should receive all capital         any movements in capital works in progress to 31 December 2013.
Capital works in
                    works in progress in their geographical area.
progress                                                                                            The new council and continuing council should receive all capital works in progress in
                                                                                                    their geographical area.

                    Based on the actual contribution to trade and other payables by the new         Based on the balance of trade and other payables as at 31 December 2013 for the
                    council and continuing council as at 30 June 2013 (ie, allocated in             new council and continuing council.
Trade and other
                    accordance with the underlying transaction).
payables




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