2011/2012 audited annual accounts - Falkirk Council

FALKIRK COUNCIL
GROUP COMPREHENSIVE INCOME AND EXPENDITURE STATEMENT
This Statement shows the economic cost in the year of providing services in accordance with generally accepted accounting practices, rather
than the amount to be funded from taxation. Authorities raise taxation to cover expenditure in accordance with regulations; this may be
different from the accounting cost. The taxation position is shown in the Movement in Reserves Statement.
2010/11 2011/12
Gross Gross Net Gross Gross Net
Expenditure Income Expenditure Expenditure Income Expenditure
£’000 £’000 £’000 £’000 £’000 £’000
168,149 (6,675) 161,474 Education Services 148,345 (6,050) 142,295
129,602 (87,784) 41,818 Housing Services 108,050 (92,253) 15,797
25,064 (6,368) 18,696 Cultural and Related Services 26,791 (7,259) 19,532
19,995 (3,475) 16,520 Environmental Services 19,720 (4,017) 15,703
8,053 - 8,053 Fire Services 7,811 - 7,811
18,548 (1,893) 16,655 Roads & Transport Services 18,402 (1,751) 16,651
12,879 - 12,879 Police Services 13,158 - 13,158
22,423 (8,089) 14,334 Planning and Development Services 16,994 (8,108) 8,886
108,193 (24,208) 83,985 Social Work 111,603 (25,653) 85,950
15,673 (11,404) 4,269 Central Services to the Public 16,838 (12,937) 3,901
3,217 - 3,217 Corporate & Democratic Core 2,873 - 2,873
(51,380) - (51,380) Non-Distributed Costs 2,248 - 2,248
3,629 - 3,629 Exceptional Items 3,000 - 3,000
484,045 (149,896) 334,149 Cost of Services 495,833 (158,028) 337,805
- (131) (131)
Other Operating Expenditure
Gains or Losses on disposal of non-current
Assets - (1,324) (1,324)
38,252 (39,029) (777)
Financing and Investment Income and
Expenditure
Surplus or deficit on trading undertakings 41,223 (42,533) (1,310)
23,142 - 23,142 Interest Payable and Similar Charges 22,579 - 22,579
- (478) (478) Interest & Investment Income
Pensions interest cost & expected return on
- (582) (582)
35,624 (28,796) 6,828 pensions assets 33,651 (30,370) 3,281
581,063 (218,330) 362,733 593,286 (232,837) 360,449
- (59,643) (59,643)
Taxation and Non-Specific Grant Income
Council Tax - (60,041) (60,041)
- (222,460) (222,460) Government Grants - (225,691) (225,691)
- (13,054) (13,054) Capital Grants, Contributions & Donations - (20,999) (20,999)
- (60,652) (60,652) Non-Domestic Rate redistribution - (55,518) (55,518)
- (355,809) (355,809) - (362,249) (362,249)
581,063 (574,139) 6,924
(Surplus) or Deficit on Provision of
Services 593,286 (595,086) (1,800)
(19,513)
Associates and Joint Ventures accounted for
on an equity basis 21,976
(12,589) Group Surplus or Deficit 20,176
(2,160)
Surplus or deficit on revaluation of noncurrent
assets
Actuarial gains/losses on pension
(674)
(69,716) assets/liabilities 39,834
(2,148) Other unrealised gains/losses
Share of Other Comprehensive Income &
(1,592)
(29,254) Expenditure of associates & joint ventures 6,632
(103,278)
(115,867)
Other Comprehensive Income and
Expenditure 44,200
Total Comprehensive Income and
Expenditure 64,376
100