City Plan 2009 - 2013 - City of Greater Geelong

Budget 2009 - 2010
Standard Balance Sheet
Four Year Plan
*Year End 30 June Balances
Current Assets
Budget
2008-2009
$000s
Budget
2009-2010
$000s
Plan
2010-2011
$000s
Plan
2011-2012
$000s
Plan
2012-2013
$000s
Cash and Investments 21,265 27,434 28,731 35,414 37,100
Receivables 8,387 8,687 8,987 9,287 9,587
Prepayments 75 78 82 86 91
Inventories 437 495 476 490 505
Total Current Assets 30,163 36,694 38,276 45,278 47,283
Current Liabilities
Payables 15,510 16,197 16,425 16,886 17,415
Interest Bearing Liabilities 3,101 3,362 3,881 5,426 6,298
Unearned Income 1,182 1,182 1,182 1,182 1,182
Provisions 14,376 15,180 15,697 16,228 16,872
Total Current Liabilities 34,170 35,921 37,185 39,721 41,767
Net Current Assets (4,007) 773 1,091 5,557 5,516
Non-Current Assets
Property, Plant and Equipment 1,374,644 1,454,685 1,484,703 1,505,589 1,528,942
Investments 5,561 6,765 6,765 6,765 6,765
Receivables 1,885 1,941 1,923 1,906 1,889
Total Non-Current Assets 1,382,090 1,463,391 1,493,391 1,514,260 1,537,596
Non-Current Liabilities
Creditors and Provisions 3,421 3,921 4,225 4,550 4,797
Loans 28,032 32,671 28,790 27,364 28,066
Landfill Provision 3,664 3,822 4,036 3,583 0
Total Non-Current Liabilities 35,117 40,414 37,051 35,497 32,863
Net Assets 1,342,966 1,423,749 1,457,432 1,484,320 1,510,248
Ratepayers Equity
Accumulated Surplus 878,107 923,932 957,615 984,503 1,010,431
Asset Revaluation Reserve 453,977 496,487 496,487 496,487 496,487
Reserves 10,882 3,330 3,330 3,330 3,330
Total Equity 1,342,966 1,423,749 1,457,432 1,484,320 1,510,248
62 City Plan 2009-2013 | City of Greater Geelong
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