2018/2019 Annual Report
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Statement of Comprehensive Income<br />
for the year ended 30 June <strong>2019</strong><br />
$’s <strong>2019</strong> <strong>2018</strong><br />
Income<br />
Rates Revenues 38,114,532 36,263,926<br />
Statutory Charges 1,096,714 1,171,918<br />
User Charges 5,830,172 5,618,374<br />
Grants, Subsidies and Contributions 7,304,898 4,900,927<br />
Investment Income 536,886 377,725<br />
Reimbursements 1,104,056 1,407,265<br />
Other Income 778,358 823,119<br />
Net Gain – Equity Accounted Council Businesses 32,620 33,488<br />
Total Income 54,798,236 50,596,742<br />
Expenses<br />
Employee Costs 13,124,507 12,560,235<br />
Materials, Contracts & Other Expenses 22,816,817 20,618,968<br />
Depreciation, Amortisation & Impairment 12,060,849 11,051,745<br />
Finance Costs 40 17,790<br />
Net Loss – Equity Accounted Council Businesses - 55,510<br />
Total Expenses 48,002,213 44,304,248<br />
Operating Surplus / (Deficit) 6,796,023 6,292,494<br />
Asset Disposal & Fair Value Adjustments (1,344,478) (616,887)<br />
Amounts Received Specifically for New or Upgraded Assets<br />
Physical Resources Received Free of Charge<br />
1,101,175<br />
26,902<br />
242,734<br />
Net Surplus / (Deficit) 6,579,622 5,918,341<br />
Other Comprehensive Income<br />
Amounts which will not be reclassified subsequently to operating result<br />
Changes in Revaluation Surplus – I,PP&E (45,283,511) (32,155,684)<br />
Share of Other Comprehensive Income – Equity Accounted Council Businesses 6,346 1,667<br />
Total Other Comprehensive Income (45,289,857) (32,154,017)<br />
Total Comprehensive Income (51,869,479) (26,235,676)<br />
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56<br />
Campbelltown City Council<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2018</strong> / <strong>2019</strong>
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