Financial Report

Current Annual Financial Statements

 

Annual Financial Statements

Financial Statements 2017 (9MB)

Financial Statements 2016 (3MB)

Financial Statements 2015 (7MB)

Financial Statements 2014 (6MB)

Financial Statements 2013 (4MB)

Financial Statements 2012 (2MB)

 

Income Statement

2017

2016

Income Statement

$'000

$'000

Total Income from Continuing Operations

133,5171

160,7962

Total Expenses from Continuing Operations

106,152

99,236

Net Operating Result for the year

27,365

61,560

Net Operating result before Grants & Contributions provided for Capital Purposes

8,885

13,856

1 Includes $5.2m Fair Value adjustments associated with investment properties.

2 Includes $12.8m Fair Value adjustments associated with investment properties & $34.3m non-cash capital contribution.

 

Statement of Financial Position

2017

2016

 

$'000

$'000

Total Current Assets

90,994

107,917

Total Current Liabilities

38,002

41,444

Total Non Current Assets

910,446

861,703

Total Non Current Liabilities

9,689

9,705

Total Equity

953,719

918,471

 

Performance Measurement Indicators

2017

2016

Unrestricted Current ratio (times)

3.51x

3.30x

Operating Performance ratio (%)

7.66%

1.46%

Own Source Operating Revenue ratio (%)

80.31%

63.67%

Debt Service Cover (times)

84.31x

62.39x

Rates, Annual Charges, Interest & Extra Charges outstanding percentage (%)

1.13%

1.05%

Cash Expense Cover ratio (months)

7.83 months

8.02 months

 

Infrastructure Asset Performance Indicators

2017

2016

Buildings Infrastructure & Other Structures Renewals ratio (%)

268.95%

322.62%

Infrastructure Backlog ratio (%)

0.00%

0.00%

Asset Management ratio (times)

1.00x

1.07x