Sunday, December 15, 2019
Berrigan Shire Council

General Purpose Financial Statements for the year ended 30 June 2019

In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Berrigan Shire Council advises that the ordinary Council meeting to be held on 20/11/19 will include the presentation of the audited Financial Statements and the Auditor’s Reports for the year ending 30/06/2019.

A summary of the Financial Statements is provided below.

      2019     2018
  $ '000 $ '000
Income Statement    
Total income from continuing operations 24,953 24,784
Total expenses from continuing operations 20,838 18,433
Operating result from continuing operations 4,115 6,351
Net operating result for the year 4,115 6,351
     
Net operating result before grants and contributions provided for capital purposes 546 4,591
     
Statement of Financial Position    
Total current assets 37,457 35,152
Total current liabilities -3,570 -3,826
Total non-current assets 245,115 240,341
Total non-current liabilities -1,258 -1,366
Total equity 277,744 270,301
     
Other financial information    
Unrestricted current ratio (times)                                                                                      6.79 7.24
Operating performance ratio (%) 5.60% 18.24%
Debt service cover ratio (times) 35.08 48.7
Rates and annual charges outstanding ratio (%) 5.97% 3.30%
 Infrastructure renewals ratio (%) 154.79% 131.39%
Own source operating revenue ratio (%) 58.39% 61.16%
Cash expense cover ratio (months) 29.33 27.97

Council with respect to the Council’s Audited Financial Statements or the Auditor’s Reports. Copies of the Audited Financial Statements and the Auditor’s Reports may be inspected below:
2018/2019 Financial Statements - General Purpose
2018/2019 Financial Statements - Special Purpose
2018/2019 Financial Statements - Special Schedule

Submissions close one week after the above public meeting has been held.

Contact Us

Phone
(03) 5888 5100
Fax
(03) 5885 2092
Post
56 Chanter Street, Berrigan, NSW, 2712

Hours of Operation

The Berrigan Shire Council is open:

8am to 5pm Monday to Friday

The Bendigo Bank – Berrigan Agency is open:

9am to 4pm Monday to Friday

Closed on public holidays