Yarriambiack Shire Council Budget – 2010/2011

Appendix ABudgeted Standard Balance SheetFor the four years ending 30 June 2014ForecastActualStrategic Resource PlanProjectionsBudget2010 2011 2012 2013 2014$’000 $’000 $’000 $’000 $’000Current assetsCash and cash equivalents 6,378 5,311 4,183 2,965 2,777Trade and other receivables 687 713 738 763 790Accrued Income 70 100 70 100 100Prepayments 200 278 282 286 290Inventories 404 437 533 533 576Assets held for Resale 10 10 10 10 10Total current assets 7,749 6,849 5,816 4,657 4,543Non-current assetsTrade and other receivables 252 178 124 122 118Investments – Library 275 275 275 275 275Property, infrastructure, plant andequipment 112,066 113,835 117,180 121,157 125,029Total non-current assets 112,593 114,288 117,579 121,554 125,422Total assets 120,343 121,137 123,394 126,210 129,965Current liabilitiesTrade and other payables 1,197 1,231 2,029 2,185 2,261Interest-bearing loans and borrowings 151 100 60 24 19Provisions 1,648 1,724 1,804 1,888 1,976Total current liabilities 2,996 3,055 3,893 4,097 4,256Non-current liabilitiesInterest-bearing loans and borrowings 205 105 45 21 0Provisions 296 297 300 303 306Total non-current liabilities 501 402 345 324 306Total liabilities 3,497 3,457 4,238 4,421 4,562Net assets 116,847 117,680 119,157 121,789 125,403EquityAccumulated surplus 66,229 66,262 65,739 65,386 65,000Asset revaluation reserve 50,618 51,418 53,418 56,403 60,403Total equity 116,847 117,680 119,157 121,789 125,403Yarriambiack Shire Council Budget – 2010/2011 46