SHIRE OF GOOMALLING STATEMENT OF COMPREHENSIVE INCOME BY NATURE OR TYPE FOR THE YEAR ENDED 30 JUNE 2018
| NOTE | 2017/18 Budget $ | 2016/17 Actual $ | 2016/17 Budget $ | |
|---|---|---|---|---|
| Revenue | ||||
| Rates | 8 | 2,039,218 | 1,954,193 | 1,954,890 |
| Operating grants, subsidies and contributions | 15 | 509,035 | 1,303,265 | 839,781 |
| Fees and charges | 13 | 1,555,654 | 1,620,378 | 1,957,192 |
| Service charges | 0 | 0 | 0 | |
| Interest earnings | 2(a) | 79,984 | 88,371 | 77,878 |
| Other revenue | 2(a) | 272,120 | 331,792 | 244,237 |
| 4,456,011 | 5,297,999 | 5,073,978 | ||
| Expenses | ||||
| Employee costs | (1,720,910) | (1,800,375) | (1,934,871) | |
| Materials and contracts | (1,283,732) | (1,165,493) | (997,731) | |
| Utility charges | (264,550) | (240,769) | (261,264) | |
| Depreciation on non-current assets | 2(a) | (1,400,100) | (1,317,425) | (1,400,450) |
| Interest expenses | 2(a) | (276,134) | (236,628) | (310,463) |
| Insurance expenses | (206,470) | (176,396) | (210,480) | |
| Other expenditure | (158,526) | (237,479) | (180,068) | |
| (5,310,422) | (5,174,565) | (5,295,327) | ||
| (854,411) | 123,434 | (221,349) | ||
| Non-operating grants, subsidies and contributions | 15 | 1,771,098 | 1,055,381 | 1,797,703 |
| Profit on asset disposals | 6 | 0 | 6,498 | 128,394 |
| Loss on asset disposals | 6 | (177,480) | (65,656) | (23,500) |
| Loss on revaluation of non current assets | 0 | 0 | 0 | |
| Net result | 739,207 | 1,119,657 | 1,681,248 | |
| Other comprehensive income | ||||
| Changes on revaluation of non-current assets | 0 | 0 | 0 | |
| Total other comprehensive income | 0 | 0 | 0 | |
| Total comprehensive income | 739,207 | 1,119,657 | 1,681,248 |
This statement is to be read in conjunction with the accompanying notes.