2017/2018 Annual Report
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Statement of Comprehensive Income<br />
for the year ended 30 June <strong>2018</strong><br />
$’s <strong>2018</strong> <strong>2017</strong><br />
Income<br />
Rates Revenues 36,263,926 34,943,803<br />
Statutory Charges 1,171,918 1,099,239<br />
User Charges 5,618,374 4,649,937<br />
Grants, Subsidies and Contributions 4,900,927 4,606,561<br />
Investment Income 377,725 207,804<br />
Reimbursements 1,407,265 1,206,051<br />
Other Income 823,119 941,541<br />
Net Gain – Equity Accounted Council Businesses 33,488 53,178<br />
Total Income 50,596,742 47,708,114<br />
Expenses<br />
Employee Costs 12,560,235 12,358,015<br />
Materials, Contracts & Other Expenses 20,618,968 19,716,046<br />
Depreciation, Amortisation & Impairment 11,051,745 10,763,545<br />
Finance Costs 17,790 6,187<br />
Net Loss – Equity Accounted Council Businesses 55,510 2,775<br />
Total Expenses 44,304,248 42,846,568<br />
Operating Surplus / (Deficit) 6,292,494 4,861,546<br />
Asset Disposal & Fair Value Adjustments (616,887) (1,243,757)<br />
Amounts Received Specifically for New or Upgraded Assets 242,734 978,908<br />
Net Surplus / (Deficit) 5,918,341 4,596,697<br />
Other Comprehensive Income<br />
Amounts which will not be reclassified subsequently to operating result<br />
Changes in Revaluation Surplus – I,PP&E (32,155,684) 234,742<br />
Share of Other Comprehensive Income – Equity Accounted Council Businesses 1,667 3,334<br />
Total Other Comprehensive Income (32,154,017) 238,076<br />
Total Comprehensive Income (26,235,676) 4,834,773<br />
52<br />
Campbelltown City Council<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2017</strong> / <strong>2018</strong>
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