Financial Report

Current Annual Financial Statements

 

Annual Financial Statement 2016

Financial Statements 2016 (3MB)  

 

Previous Annual Financial Statements

Financial Statements 2015 (7MB)  

Financial Statements 2014 (6MB)

Financial Statements 2013 (4MB)

Financial Statements 2012 (2MB)

 

Statement of Accounts

2016 2015
Income Statement $'000 $'000
Total Income from Continuing Operations 160,7961  116,2192
Total Expenses from Continuing Operations 99,236 93,644
Operating Result from Continuing Operations 61,560   22,575
Net Operating Result for the year 61,560   22,575
Net Operating result before Grants & Contributions provided for Capital Purposes 13,856  7,032

1 Includes $12.8m Fair Value adjustments associated with investment properties & $34.3m Capital Contribution.

2 Includes $4.9m Fair Value adjustments associated with investment properties.

 

Statement of Financial Position

2016 2015
  $'000 $'000
Total Current Assets 107,917   109,100
Total Current Liabilities (41,444)   (33,575)
Total Non Current Assets 861,703   790,949
Total Non Current Liabilities (9,705)   (187)
Total Equity 918,471   866,287

 

Performance Measurement Indicators

2016 2015
Unrestricted Current ratio (times) 3.30x   4.95x
Operating Performance ratio (%) 1.46%   1.96%
Own Source Operating Revenue ratio (%) 63.67%   81.81% 
Debt Service Cover (times) 62.39x   0.00x
Rates, Annual Charges, Interest & Extra Charges outstanding percentage (%) 1.05%   0.74% 
Cash Expense Cover ratio (months) 8.02 months   12.27 months

 

Infrastructure Asset Performance Indicators Consolidated

2016 2015
Buildings Infrastructure & Other Structures Renewals ratio (%) 322.62%   172.78%
Infrastructure Backlog ratio (%) 0.00%   0.00%
Asset Management ratio (times) 1.07x   1.11x
Capital Expenditure (times) 5.35x   2.00x