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Financial Statements

Our financial statements contain information about our financial performance and position.

The statements are made up of the following sections:

Statement of Comprehensive Income - measures how we performed during the year and displays our revenue and expenses.

Statement of Financial Position - shows what we own (assets), what we owe (liabilities) and our net worth (community equity). Total community equity is equal to total assets minus total liabilities. Community equity can be a reflection of how healthy the position of Council is at a given point in time.

Statement of Cash Flows - shows how revenue received and expenses paid impact on Council’s cash balances.

Statement of Changes in Equity - a summary of transfers to and from community equity accounts including retained earnings and asset revaluation surplus.

Notes to the Financial Statements - provide details of important items in the Financial Statements.

Financial Sustainability Statement - sustainability indicators which have been set by the State Government to help monitor the long-term sustainability of Council’s across Queensland.

Certified Financial Statements 2015-2016

Certified Financial Statements 2014-2015

Certified Financial Statements 2013-2014

Certified Financial Statements 2012-2013

Certified Financial Statements 2011-2012

Certified Financial Statements 2009-2010

Certified Financial Statements 2008-2009

Our financial statements have been prepared in accordance with Australian Accounting Standards and comply with the requirements of the Local Government Act 2009 and Local Government Regulation 2012.