Financial statements
Public notice – Presentation of financial statements
as per Section 418 (3) of the Local Government Act.
Shoalhaven City Council advises that the ordinary Council meeting to be held on 25 November 2025 will include the presentation of the audited Financial Statements and Independent Auditor's Reports for the year ended 30 June 2025.
In accordance with Section 420 of the Local Government Act 1993, any person may make a written submission to Council with respect to the Council's audited Financial Statements and/or the Independent Auditor's Reports.
Copies of the audited Financial Statements and the Auditor's Reports can be viewed using the link with the image, below, as well as in hard copy at the following locations:
Nowra City Administration Centre – Bridge Road, Nowra between 9.00am and 4.00pm Monday to Friday.
Ulladulla Branch Office – Deering Street, Ulladulla between 10.00am and 2.00pm Monday to Friday.
Nowra and Ulladulla Libraries – During regular library operating hours.
Submissions must be lodged by 5pm on Tuesday 2 December 2025 by
Email: Council@shoalhaven.nsw.gov.au or
By Mail: PO Box 42, Nowra NSW 2541
In person: Council offices at Bridge Rd, Nowra or Deering St, Ulladulla.
Please quote file reference 77445E
A summary of the Financial Statements is as follows:
| |
2025
$ '000 |
2024
$ '000 |
Income Statement
|
| Total income from continuing operations |
418,722 |
439,478 |
| Total expenses from continuing operations excluding depreciation, amortisation and impairment of non-financial assets |
247,116 |
262,612 |
| Operating result from continuing operations excluding depreciation, amortisation and impairment of non-financial assets |
171,606 |
176,866 |
| Depreciation, amortisation and impairment of non-financial assets |
97,315 |
92,607 |
| Net operating result for the year |
74,291 |
84,259 |
| Net operating result before grants and contributions provided for capital purposes |
(1,242) |
(40,499) |
Statement of Financial Position
|
| Total current assets |
292,895 |
250,554 |
| Total current liabilities |
(128,219) |
(139,479) |
| Total non-current assets |
4,920,214 |
5,042,426 |
| Total non-current liabilities |
(167,734) |
(185,653) |
| Total equity |
4,917,156 |
4,967,848 |