Google Translate
Consultation has concluded
Annual Financial Statements
Council's Annual Financial Statements and Auditor's Reports for the period 1 July 2019 to 30 June 2020 are now available and will be presented to the Ordinary Meeting of Council on Tuesday 8 December 2020.
Council's Auditor, Audit Office of NSW will be in attendance.
A summary of the Financial Statements for your consideration is:
| Current Period 1/7/19 – 30/6/20 $'000 |
|
| Income Statement | |
| Total Income from Continuing Operations | 334,402 |
| Total Expenses from Continuing Operations | 332,806 |
| Operating Result from Continuing Operations | 1,596 |
| Net Operating Result before Grants and Contributions Provided from Capital Purposes |
(19,340) |
| Statement of Financial Position | |
| Total Current Assets | 199,581 |
| Total Current Liabilities | 87,268 |
| Total Non-Current Assets | 3,724,010 |
| Total Non-Current Liabilities | 22,062 |
| Total Equity |
3,814,261 |
| Other Financial Information | |
| Own Source Operating Revenue (%) | 86% |
| Operating Performance Ratio (%) | (2.83)% |
| Unrestricted Current Ratio | 4 |
| Debt Service Cover Ratio | 165.72 |
| Cash Expense Cover Ratio | 14.2 |
| Rates and Annual Charges Outstanding Percentage (%) | 5.5% |
| Building and Infrastructure Renewals Ratio (%) |
46.80% |
Where can I view these documents
A copy of Council's Audited Financial Statements can be viewed at its Bankstown and Campsie Customer Service Centres, and the nine (9) Library and Knowledge Centres.
How to have your say
Thank you for your interest in this exhibition. Submissions are now closed. All feedback and comments received will be reviewed and considered by Council.
