News

October 10, 2022

Financial Reports for period ending 30 June 2022

In accordance with Section 418 of the Local Government Act, Council’s audited financial reports will be presented at its Ordinary Meeting to be held Monday 17 October, 2022.

In accordance with Section 420 of the Local Government Act 1993, written submissions regarding any aspect of the Statements or Auditor’s Report must be lodged with Council within 7 days of this meeting on close of business 24 October 2022.

   
Summary of the Financial Reports for the Year Ended 30th June, 2022
20222021
$’000$’000
Income Statement
Total Income from continuing operations18,82018,416
Total Expenses from continuing operations19,73018,806
Operating result from continuing operations (910)(390)
Net operating result for the year
Net operating result before grants and contributions provided for capital purposes(2491)(2219)
Balance Sheet
Total Current Assets24,92323,580
Total Current Liabilities11,3257,999
Total Non Current Assets236,814229,907
Total Non Current Liabilities1214
Total Equity250400245474
Other Financial Information
Operating Performance Ratio (%)(13.37%)(12.53%)
Own Source Operating Revenue Ratio (%)84.85%84.23%
Unrestricted Current Ratio2.24x3.54x
Debt Service Cover RatioNANA
Rates & Annual Charges Outstanding Ratio (%)5.92%4.71%
Cash Expense Cover Ratio (time)18.38mths16.63mths

View the Financial Statements

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Hunter’s Hill Council

22 Alexandra Street, Hunters Hill NSW 2110
PO Box 21, Hunters Hill NSW 2110
Tel: (02) 9879 9400
E: customerservice@huntershill.nsw.gov.au
ABN: 75 570 316 011