2018/2019 Annual Report
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Financial Summary<br />
Summarised Statement of Comprehensive Income <strong>2018</strong> / <strong>2019</strong><br />
(000’s)<br />
2017 / <strong>2018</strong><br />
(000’s)<br />
Income 54,798 50,596<br />
Expenses 48,002 44,304<br />
Operating Surplus / (Deficit) 6,796 6,292<br />
Asset Disposal & Fair Value Adjustments (1,344) (617)<br />
Amounts Received Specifically For New or Upgraded Assets 1,101 243<br />
Physical Resources Received Free of Charge 27 –<br />
Net Surplus / (Deficit) 6,580 5,918<br />
Summarised Balance Sheet <strong>2018</strong> / <strong>2019</strong><br />
(000’s)<br />
2017 / <strong>2018</strong><br />
(000’s)<br />
Current Assets 26,796 24,730<br />
Non-Current Assets 613,138 562,541<br />
Total Assets 639,934 587,271<br />
Current Liabilities 8,451 7,530<br />
Non-Current Liabilities 821 972<br />
Total Liabilities 9,272 8,502<br />
Net Assets 630,662 578,769<br />
Total Equity 630,662 578,769<br />
The increase in net equity in <strong>2019</strong> is attributable to the revaluation increments resulting from the increase in unit rates for<br />
stormwater drainage and road pavement assets.<br />
Campbelltown City Council<br />
10 <strong>Annual</strong> <strong>Report</strong> <strong>2018</strong> / <strong>2019</strong>
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