3.1 COMPREHENSIVE INCOME STATEMENT

For the four years ending 30 June 2026

Note Budget Budget Projections 2021-22 2022-23 2023-24 2024-25 2025-26 $’000 $’000 $’000 $’000 $’000

Operating Revenue

Rates and Charges 4.1.1 25,668 26,519 29,340 31,864 32,881 Statutory fees and fines 4.1.2 740 802 810 818 826 User Fees 4.1.3 2,154 2,234 2,273 2,313 2,358 Grants - Operating 4.1.4 11,961 9,080 9,207 9,344 9,508 Grants - Capital 4.1.5 8,350 7,559 8,017 4,529 6,403 Contributions - monetary 4.1.6 2,775 1,811 2,042 2,078 2,119 Contributions - non-monetary 4.1.7 1,125 1,125 1,145 1,165 1,188 Net Gain/(Loss) on Disposal of Property, Infrastructure 4.1.8 2,000 3,936 3,332 4,133 5,413 Other Income 4.1.9 72 102 250 250 250

Total Income 54,846 53,168 56,416 56,494 60,946

Operating Expenditure

Employee costs 4.1.10 (17,952) (18,922) (19,803) (20,700) (21,664) Materials and Services 4.1.11 (19,398) (16,893) (17,309) (17,612) (17,964) Bad & Doubtful Debts 4.1.12 (131) (60) (62) (63) (66) Depreciation & amortisation 4.1.13 (9,239) (9,268) (9,438) (9,603) (9,766) Borrowing Costs 4.1.14 (272) (227) (324) (340) (350) Other Expenses 4.1.15 (292) (368) (289) (294) (300)

Total Expenses (47,284) (45,739) (47,225) (48,612) (50,110)

Surplus / (Deficit) for the year 7,563 7,429 9,191 7,882 10,836

Other comprehensive income

Total comprehensive result 7,563 7,429 9,191 7,882 10,836

* Notes are included in Section 4.1