2021 Annual Financial Statements

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In accordance with Section 418(3) of the Local Government Act 1993, notice is given that at the Ordinary Meeting to be held on Wednesday, 3rd November 2021 at 5:30pm, the Audited Financial Statements and Auditor's Reports for the period ended 30 June 2021 will be presented to Council. A draft summary of the financial statements is provided below:


Current Year (2020/21)
$'000		Previous Year (2019/20)
$'000
Income statement

Total income from continuing operations210,729213,186
Total expenses from continuing operations168,283175,751
Operating result from continuing operations42,44637,435
Net operating result for the year42,44637,435
Net operating result before grants and contributions provided for capital purposes4,3605,407
Statement of financial position

Total current assets194,807146,131
Total current liabilities67,58456,883
Total non-current assets2,253,9862,233,503
Total non-current liabilities42,30943,919
Total equity2,338,9002,278,832
Other financial information

Unrestricted current ratio1.30:11.43:1
Operating performance ratio3.99%3.38%
Building and infrastructure renewal ratio31.59%49.35%
Debt service cover ratio4.694.83
Rates and annual charges outstanding percentage6.02%5.71%


In accordance with Section 420 of the Local Government Act 1993, any member of the public may make a submission to Council in respect to its audited financial statements or auditor's reports.

A copy of the Financial Statements are available at Council's offices. Please contact Council's Executive Assistant - Corporate Performance - Kylie Cross on (02) 65818677 to arrange a copy for inspection.

Submissions close Wednesday 27 October 2021.

In accordance with Section 418(3) of the Local Government Act 1993, notice is given that at the Ordinary Meeting to be held on Wednesday, 3rd November 2021 at 5:30pm, the Audited Financial Statements and Auditor's Reports for the period ended 30 June 2021 will be presented to Council. A draft summary of the financial statements is provided below:


Current Year (2020/21)
$'000		Previous Year (2019/20)
$'000
Income statement

Total income from continuing operations210,729213,186
Total expenses from continuing operations168,283175,751
Operating result from continuing operations42,44637,435
Net operating result for the year42,44637,435
Net operating result before grants and contributions provided for capital purposes4,3605,407
Statement of financial position

Total current assets194,807146,131
Total current liabilities67,58456,883
Total non-current assets2,253,9862,233,503
Total non-current liabilities42,30943,919
Total equity2,338,9002,278,832
Other financial information

Unrestricted current ratio1.30:11.43:1
Operating performance ratio3.99%3.38%
Building and infrastructure renewal ratio31.59%49.35%
Debt service cover ratio4.694.83
Rates and annual charges outstanding percentage6.02%5.71%


In accordance with Section 420 of the Local Government Act 1993, any member of the public may make a submission to Council in respect to its audited financial statements or auditor's reports.

A copy of the Financial Statements are available at Council's offices. Please contact Council's Executive Assistant - Corporate Performance - Kylie Cross on (02) 65818677 to arrange a copy for inspection.

Submissions close Wednesday 27 October 2021.