Annual Plan 2016-17 - Approved by Council 27 June 2016
Kingborough Council 2016-17 Annual Plan
Kingborough Council 2016-17 Annual Plan
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KINGBOROUGH COUNCIL - CONSOLIDATED<br />
STATEMENT OF FINANCIAL POSITION<br />
As at 30 <strong>June</strong> 20<strong>17</strong><br />
Budget <strong>2016</strong>/<strong>17</strong> Forecast 2015/16<br />
$'000<br />
$'000<br />
Current Assets<br />
Cash 2,000 2,000<br />
Investments 7,565 6,667<br />
Receivables 1,000 1,000<br />
Other 150 150<br />
Total Current Assets 10,715 9,8<strong>17</strong><br />
Non-Current Assets<br />
Land and Buildings 156,875 152,875<br />
<strong>Plan</strong>t and Vehicles 4,710 4,589<br />
Furniture and Equipment 1,094 744<br />
Infrastructure Assets 387,347 360,882<br />
Intangible Assets 41 41<br />
Investment - Copping Waste Authority 740 740<br />
Investment - Southern Water 91,508 91,508<br />
Total Non-Current Assets 642,315 611,379<br />
TOTAL ASSETS 653,030 621,196<br />
Current Liabilities<br />
Creditors 4,338 4,338<br />
Provisions 2,396 2,396<br />
Loan Borrowings 0 0<br />
Other 1,000 1,000<br />
Total Current Liabilities 7,734 7,734<br />
Non-Current Liabilities<br />
Loan Borrowings 6,000 0<br />
Provisions 640 624<br />
Total Non-Current Liabilities 6,640 624<br />
TOTAL LIABILITIES 14,374 8,358<br />
NET ASSETS 638,656 612,838<br />
Community Equity<br />
Municipal Capital 0 0<br />
Asset Revaluation Reserves 389,344 363,830<br />
Other Reserves 0 0<br />
Accumulated Surplus 249,312 249,008<br />
TOTAL COMMUNITY EQUITY 638,656 612,838<br />
Kingborough <strong>Council</strong> <strong>Annual</strong> <strong>Plan</strong> <strong>2016</strong>/<strong>17</strong> Page | 58<br />
<strong>Approved</strong> <strong>by</strong> <strong>Council</strong> on <strong>27</strong> <strong>June</strong> <strong>2016</strong>
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