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Finance
Woollahra Municipal Council
Year ended June 30 2008
Assets & Liabilities $'000
|
Current Assets |
46,340 |
|
Current Liabilities |
24,304 |
|
Net Current Assets |
22,036 |
|
Non-Current Assets |
668,319 |
|
Non-Current Liabilities |
8,942 |
|
Net Assets |
681,413 |
Equity
|
Accumulated Surplus |
657,056 |
|
Asset Revaluation Reserve |
24,356 |
|
Total Equity |
681,413 |
Operation Information
|
Operating Expenses |
64,386 |
|
Operating Revenues |
67,555 |
|
Net Operating Result |
3,169 |
|
Capital Grants & Contributions |
10,706 |
| Net Operating Result before Capital Grants and Contributions |
(7,537) |
General Information
|
Rating Revenue |
28,224 |
|
Domestic Waste Revenue |
7,014 |
|
Reserve Levels (internally restricted) |
30,659 |
|
Investments |
40,064 |
|
Debt Service Ratio |
0.85% |
|
Outstanding Rates |
4.21% |
|
Unrestricted Current Ratio |
3.22:1 |
* The financial information relates to Council’s consolidated fund, which includes all entities that Council controls, viz the Waverley Woollahra Process Plant and Holdsworth Street Community Centre Woollahra Inc.