Toowoomba Regional Council
Notes to the Financial Statements
for the year ended 30 June 2016
Note 18. Asset Revaluation Reserve
2016
$'000
2015
$'000
Land
Site Improvements
Buildings
Road and Bridge Network
Water Infrastructure
Wastewater Infrastructure
Drainage
Heritage Assets
43,815
25,342
113,824
1,015,907
338,012
135,355
113,386
12,358
33,136
21,563
111,726
995,858
297,535
126,368
104,389
12,358
Balance at end of financial year
1,797,999
1,702,933
2016
2015
13,900
2,000
-
15,255
45,094
4,342
Notes
Asset revaluation reserve analysis
The closing balance of the Asset Revaluation Reserve comprises the following
asset categories:
Note 19. Commitments for Expenditure
(a) Capital Commitments (exclusive of GST)
Capital expenditure committed for at the reporting date but not recognised in
the financial statements as liabilities:
Property, Plant and Equipment
Buildings
Infrastructure
Other
Total Commitments
15,900
64,691
15,900
-
64,691
-
These expenditures are payable as follows:
Within the next year
Later than one year and not later than 5 years
Later than 5 years
Total Payable
15,900
64,691
Sources for Funding of Capital Commitments:
Unrestricted General Funds
Total Sources of Funding
15,900
15,900
64,691
64,691
page 36
172
CHAPTER 6 Financial report
TOOWOOMBA REGIONAL COUNCIL Annual Report 2015 - 2016