Annual Report 2014-15

FINANCIAL POSITION
Assets
ASSETS
2012/13
($ MILLION)
2013/14
($ MILLION)
2014/15
($ MILLION)
Cash & Cash Equivalents 213.3 257.6 302.5
Trade and Other Receivables 24.5 23.3 22.9
Inventories 4.9 8.0 13.5
Investments 20.3 13.2 14.4
Property, Plant and Equipment 126.4 126.4 534.9
Infrastructure 795.8 1,424.1 1,476.5
TOTAL 1,185.2 1,852.6 2,364.7
Total assets for 2014/15 increased by 27.6% compared to 2013/14. With Property, Plant and Equipment having the largest
increase of 323.2% due to the fair value revaluations.
Liabilities
ASSETS
2012/13
($ MILLION)
2013/14
($ MILLION)
2014/15
($ MILLION)
Trade and Other Payables 19.4 18.8 21.9
Current Provisions 11.0 11.9 13.4
Non-Current Provisions 1.5 1.4 1.3
Long Term Borrowings 60.8 60.8 60.8
TOTAL 92.7 92.9 97.4
Total liabilities for 2014/15 increased by 4.8% compared to 2013/14, with both Trade and Other Payables and Current
Provisions being the largest contributors.
Net Community Assets & Equity
NET COMMUNITY ASSETS
2012/13
($ MILLION)
2013/14
($ MILLION)
2014/15
($ MILLION)
TOTAL 1,092.5 1,021.8 1,092.5
COMMUNITY EQUITY
2012/13
($ Million)
2013/14
($ Million)
2014/15
($ Million)
Retained Surplus 913.8 976.5 1,029.5
Reserves – Cash/Investment Backed 100.1 120.8 153.5
Reserves – Asset Revaluation 1.2 566.8 970.9
Town Planning Schemes 77.4 95.6 113.4
TOTAL 1,092.5 1,759.7 2,267.3
Cash Flows
CASH FLOWS
2012/13
($ MILLION)
2013/14
($ MILLION)
2014/15
($ MILLION)
Cash Flows from Operating Activities 29.5 38.7 49.5
Cash Flows from Investing Activities 32.8 5.6 (4.5)
Net Increase/(Decrease) in Cash Held for the Year 62.3 44.3 45.0
| ANNUAL REPORT 2014/2015 | CITY OF WANNEROO | THE YEAR IN REVIEW
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