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2014-2015 Financial Statements

Consultation closed on 03 November 2015

Presentation of Financial Statements for the Year ended 30 June 2015


The City of Ryde's General & Special Purpose Financial Statements for the year ended 30 June 2015 have been completed and audited. 

The Statements and the Auditor’s Report will be formally presented at the Ordinary Council meeting to be held on Tuesday 27 October 2015 and members of the public are invited.

Summary of Financial Statements

 
Income Statement

 
Current
2014/15
$'000 
Previous
2013/1
$'000 
 Total Income from Continuing Operations  134,058 110,352 
 Total Expenses from Continuing Operations  93,055 94,781 
 Operating Result from Continuing Operations  41,003 15,571 
 Net Operating Result for the Year  41,003 15,571 
 Net operating result Before Grants and Contributions Provided for Capital Purposes 10,044  1,342 
 Balance Sheet
 Total Current Assets  114,739 75,810 
 Total Current Liabilities 31,090  30,312 
 Total Non-Current Assets  2,385,324 2,310,558 
 Total Non-Current Liabilities  5,397 4,958 
 Total Equity  2,463,576 2,351,098 
 Other Financial Information  Benchmark
 Operating Performance (%) > 0.00% 8.53%  1.15%
 Own source operating revenue (%) > 60.00%  71.44%  82.04% 
 Unrestricted current ratio > 1.5x  5.03x  3.59x
 Debt service cover ratio > 2x  20.86x  27.26x 
 Rates and Annual Charges Outstanding Percentage (%) < 5.00%  3.84%  3.65% 
 Cash expense cover ratio  > 3 months  15.68  13.46

Latest Updates

Have Your Say is now open

Published on 7 October 2015

The City of Ryde's General & Special Purpose Financial Statements for the year ended 30 June 2015 is currently on public exhibition from 7 October 2015 to 27 October 2015. Submissions will be received until 3 November 2015.

Have Your Say
Submissions, in accordance with Section 420 of the Local Government Act 1993, from members of the public regarding any aspect of the Statements or Auditor's Report are welcome and will be received up until 3 November 2015.
All submissions will be considered by Council and referred to its auditor as required by the Act.

View the Statements

Hard Copies of the Statements

Hard copies of the Statements, together with the Auditor's Report are also available to be viewed at:

  • All Council Libraries
    (see branch details for opening hours)
  • Customer Service Counter
    at the Civic Centre

    1 Devlin Street, Ryde
    (Monday - Friday, 8.30am - 4.30pm)


 

Last updated on 4 July 2017