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 9 November, 2020.
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 following this meeting up to close of business 16 November, 2020.
2020
$’000 |
2019
$’000 |
|
Income Statement | ||
Total Income from continuing operations | 18,396 | 16,782 |
Total Expenses from continuing operations | 17,100 | 15,796 |
Operating result from continuing operations | 1,296 | 986 |
Net operating result for the year | 1,296 | 986 |
Net operating result before grants and contributions provided for capital purposes | 531 | (495) |
Balance Sheet | ||
Total Current Assets | 24,524 | 23,648 |
Total Current Liabilities | 7,173 | 5,751 |
Total Non Current Assets | 223,661 | 209,342 |
Total Non Current Liabilities | 19 | 5 |
Total Equity | 240,993 | 227,234 |
Other Financial Information | ||
Operating Performance Ratio (%) | 3.42% | -4.24% |
Own Source Operating Revenue Ratio (%) | 91.27% | 85.22% |
Unrestricted Current Ratio | 5.06x | 8.080x |
Debt Service Cover Ratio | Na | Na |
Rates & Annual Charges Outstanding Ratio (%) | 3.95% | 2.97% |
Cash Expense Cover Ratio (time) | 3.50mths | 18.85mths |
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
We acknowledge that The Wallumedegal people of the Eora Nation are the Traditional Custodians of this land.