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Annual Financial Statements

The next ordinary meeting of Council will be held on 18 November and will include the audited Financial Statements and the Auditor’s Reports for last financial year (1 July 2024-30 June 2025). In line with Section 418 (3) of the Local Government Act 1993 (NSW), we are putting these documents on exhibition so you can view them and share any feedback.

These documents show an overview of how Council is doing financially over the past year. They include things like income, spending, debts and assets. They are important as they ensure accountability to our community’s expectations and legal regulations.

Anyone can submit feedback or comments about these documents. Submissions must be made in writing and sent to us by 5pm, Tuesday 25 November (7 days after the ordinary meeting).

A summary of the Financial Statements is provided below:

Current year
$'000
Previous year
$'000

Income Statement

Total income from continuing operations 483,988 432,693

Total expenses from continuing operations excluding depreciation, amortisation and impairment of non-financial assets

328,567

334,211

Operating result from continuing operations excluding depreciation, amortisation and impairment of non-financial assets

155,421

98,482
Depreciation, amortisation and impairment of non-financial assets

101,804 96,916
Net operating result for the year 53,617
1,566
Net operating result before grants and contributions provided for capital purposes (15,221)(47,169)
Statement of Financial Position
Total current assets 396,356
312,406
Total current liabilities (117,409)(109,758)
Total non-current assets 4,617,3474,395,336
Total non-current liabilities (79,840)(37,226)
Total equity 4,816,454
4,560,758

Document library

A copy of Council's Financial Statements and Auditor's Reports can be viewed at the Bankstown and Campsie Customer Service Centres and all nine Library and Knowledge Centres from 4-25 November 2025. You can also see the documents by accessing the document below.

Timeline

  • Timeline item 1 - active

    Tuesday 4 November 2025 - Tuesday 25 November 2025 5:00pm

    Exhibition Period

    This consultation is open for contributions from Tuesday 4 November 2025 until 5pm Tuesday 25 December 2025.

  • Timeline item 2 - complete

    Report to Council - Ordinary Meeting 18 November 2025

    The draft Annual Financial Statements with an interim summary of feedback received for the period 4 November to 18 November 2025 is considered by Council.

  • Timeline item 3 - complete

    Tuesday 25 November 2025 5:00PM

    Closed

    Council will no longer accept feedback and a final community engagement summary is provided to the project team.

Who's listening

If you have questions or want to learn more about the project, please email us or contact the Council officers listed below.

Contact Information
Email haveyoursay@cbcity.nsw.gov.au
In writing

By post to Mr Matthew Stewart, CEO, City of Canterbury Bankstown PO Box 8, Bankstown NSW 1885

John
John
Manager Finance

City of Canterbury Bankstown

Phone: 9707 9941

Siobhan
Siobhan
Team Leader Community Engagement

City of Canterbury Bankstown

Phone: 9707 5902

The City of Canterbury Bankstown acknowledges the Traditional Custodians of the land, water and skies of Canterbury-Bankstown, the Darug (Darag, Dharug, Daruk, Dharuk) People. We recognise and respect Darug cultural heritage, beliefs and relationship with the land. We acknowledge the First Peoples’ continuing importance to our Canterbury-Bankstown community.