Share 2021 Annual Financial Statements on FacebookShare 2021 Annual Financial Statements on TwitterShare 2021 Annual Financial Statements on LinkedinEmail 2021 Annual Financial Statements link
Thank you for your interest in this project. This consultation has now concluded.
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 operations
210,729
213,186
Total expenses from continuing operations
168,283
175,751
Operating result from continuing operations
42,446
37,435
Net operating result for the year
42,446
37,435
Net operating result before grants and contributions provided for capital purposes
4,360
5,407
Statement of financial position
Total current assets
194,807
146,131
Total current liabilities
67,584
56,883
Total non-current assets
2,253,986
2,233,503
Total non-current liabilities
42,309
43,919
Total equity
2,338,900
2,278,832
Other financial information
Unrestricted current ratio
1.30:1
1.43:1
Operating performance ratio
3.99%
3.38%
Building and infrastructure renewal ratio
31.59%
49.35%
Debt service cover ratio
4.69
4.83
Rates and annual charges outstanding percentage
6.02%
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 operations
210,729
213,186
Total expenses from continuing operations
168,283
175,751
Operating result from continuing operations
42,446
37,435
Net operating result for the year
42,446
37,435
Net operating result before grants and contributions provided for capital purposes
4,360
5,407
Statement of financial position
Total current assets
194,807
146,131
Total current liabilities
67,584
56,883
Total non-current assets
2,253,986
2,233,503
Total non-current liabilities
42,309
43,919
Total equity
2,338,900
2,278,832
Other financial information
Unrestricted current ratio
1.30:1
1.43:1
Operating performance ratio
3.99%
3.38%
Building and infrastructure renewal ratio
31.59%
49.35%
Debt service cover ratio
4.69
4.83
Rates and annual charges outstanding percentage
6.02%
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.