Council's Annual Financial Statements and Auditor's Reports for the period 1 July 2018 to 30 June 2019, will be presented to Council at the upcoming Ordinary Meeting on Tuesday 26 November 2019. Council's Auditor, Audit Office of NSW will be in attendance.
A summary of the General purpose financial statements for the year ended 30 June 2019 is:
|Current Period 1/7/18 – 30/6/19||$'000|
|Total Income from Continuing Operations ||336,929 |
|Total Expenses from Continuing Operations ||335,180 |
|Operating Result from Continuing Operations ||1,749 |
|Net Operating Result before Grants and Contributions Provided from Capital Purposes ||(19,618) |
|Statement of Financial Position |
|Total Current Assets ||189,314 |
|Total Current Liabilities ||87,926 |
|Total Non-Current Assets ||3,789,679 |
|Total Non-Current Liabilities ||22,153 |
|Total Equity ||3,868,914 |
|Other Financial Information |
|Own Source Operating Revenue (%) ||86% |
|Operating Performance Ratio (%) ||(1.75)% |
|Unrestricted Current Ratio ||4|
|Debt Service Cover Ratio ||143.58|
|Cash Expense Cover Ratio ||14.2 |
|Rates and Annual Charges Outstanding Percentage (%) ||4.9% |
|Building and Infrastructure Renewals Ratio (%) ||50.68% |
The exhibition period for these statements is 12 November to 3 December 2019 and Council will be accepting submissions to 5pm on Tuesday 3 December 2019.
Have your say
You can have your say on the Annual Financial Statements by:
- Completing the online submission form below;
- Emailing - firstname.lastname@example.org; or
- By post to - Mr Matthew Stewart, General Manager, City of Canterbury Bankstown, PO Box 8, Bankstown NSW 1885.
For more information
If you would like to discuss the Annual Financial Statements 2019, call Council’s Engagement Team on 9707 9602.
Annual Financial Statement Submissions
Thank you for your interest in this exhibition, please lodge your submission below.