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
Income Statement

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%


Exhibition Period

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 - haveyoursay@cbcity.nsw.gov.au; 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.

Submission

Annual Financial Statement Submissions

Thank you for your interest in this exhibition, please lodge your submission below.

Privacy Statement: Please note that all submissions received by Council are not confidential and may be made available to the public through the Government Information (Public Access) Act 2009. If you wish to be contacted prior to the release of your submission, please indicate whether the submission is made ‘in confidence’. By making a submission you agree to the privacy policy.