DELIVERY PROGRAM
Executive Financial Summary LONG TERM FINANCIAL PLAN BUDGET 2010/11
BUDGET 2011/12
BUDGET 2012/13
BUDGET 2013/14
BUDGET 2014/15
Rates & Annual Charges
(46,932,163)
(49,469,309)
(51,760,592)
(54,160,409)
(56,326,825)
User Charges & Fees
(17,743,612)
(17,784,199)
(18,327,170)
(19,156,021)
(20,305,382)
Grants
(14,366,529)
(14,611,705)
(14,845,759)
(15,072,232)
(15,524,399)
Contributions (Operating)
(515,530)
(517,030)
(588,605)
(590,259)
(607,966)
Interest Received
(3,064,796)
(3,109,158)
(3,313,660)
(3,313,660)
(3,346,796)
Other
(722,594)
(690,822)
(694,154)
(697,592)
(718,520)
Total Operating Income
(83,345,224)
(86,182,224)
(89,529,939)
(92,990,172)
(96,829,889)
Employee Costs
35,690,401
37,216,305
38,808,277
40,469,178
42,290,291
Borrowing Costs
3,214,817
3,217,245
3,813,323
3,756,885
3,443,270
Materials & Contracts
25,228,234
24,558,011
24,520,242
24,396,130
24,884,053
Depreciation
18,160,000
18,160,000
18,160,000
18,160,000
18,160,000
Other Expenses from Ordinary Activiites
6,479,514
6,482,163
6,485,927
6,492,642
6,687,421
Total Expenses From Ordinary Activities
88,772,966
89,633,723
91,787,769
93,274,836
95,465,036
(Surplus)/Deficit from Ordinary Activities
5,427,742
3,451,500
2,257,830
284,663
(1,364,853)
Less Expenses Not Involving Flow of Funds (Depreciation)
18,160,000
18,160,000
18,160,000
18,160,000
18,160,000
Transfers From Reserves - Op
(815,610)
(204,053)
(218,175)
(232,815)
(244,456)
Transfers To Reserves - Op
7,565,560
8,838,708
9,188,110
10,367,605
9,468,257
Net Operating Flows
(5,982,307)
(6,073,846)
(6,932,235)
(7,740,547)
(10,301,053)
Capital Grants & Contributions
(8,571,166)
(7,305,914)
(7,372,952)
(12,948,627)
(4,393,853)
Sale of Assets
(1,153,950)
(1,454,950)
(1,320,592)
(1,320,592)
(1,320,592)
External Loan Borrowings
(998,213)
(5,116,128)
(4,770,867)
(583,000)
(583,000)
Total Capital Income
(10,723,329)
(13,876,992)
(13,464,411)
(14,852,219)
(6,297,445)
Purchase & Construction of Assets
27,658,517
30,591,210
25,577,499
29,206,935
23,866,503
Special Rates Variation Capital Exp
1,779,788
2,023,836
2,096,302
2,199,483
1,827,950
Loan Repayments
1,149,553
1,257,486
1,595,758
1,741,125
1,480,971
Total Capital Expenditure
30,587,858
33,872,532
29,269,559
33,147,543
27,175,424
Transfers From Reserves - Cap
(14,138,222)
(14,101,694)
(9,052,913)
(10,734,777)
(10,756,926)
Transfers To Reserves - Cap
80,000
80,000
80,000
80,000
80,000
Net Capital Flows
5,806,307
5,973,846
6,832,235
7,640,547
10,201,053
NET TOTAL MOVEMENT
(176,000)
(100,000)
(100,000)
(100,000)
(100,000)
Revenue From Ordinary Activities
Expenses From Ordinary Activities
Reserve Movements - Op
Less Non Operating Funds Employed
Capital Expenditure
Reserve Movements - Cap
Financial Summary 81