Financial Statements 2017
Toowoomba Regional Council
Notes to the Financial Statements
for the year ended 30 June 2017
Note 10. Cash, Cash Equivalents and Investments
Notes
2017
$'000 2016
$'000
228 275
63,696
100,403 84,967
70,000
164,327 155,242
141,553 114,666
141,553 114,666
Cash and Cash Equivalents
Cash at Bank and on Hand
Cash Equivalent Assets
- Deposits at Call
- Term Deposits
TOTAL CASH ASSETS, CASH EQUIVALENTS AND INVESTMENTS
Restricted Cash, Cash Equivalents and Investments
Council's Cash and Cash Equivalents are subject to a number of Internal and
External Restrictions that limit amounts available for discretionary or future use.
These include:
Internally imposed Expenditure Restrictions at the reporting date:
Funds Set Aside by Council and held in Reserves for Future Projects
Total Unspent Restricted Cash, Cash Equivalents
and Investments
Note: These Restrictions were previously allocated to Reserves
Cash at bank is held in normal business accounts at the Commonwealth Bank. Deposits at call are held at the
Commonwealth Bank and Queensland Treasury Corporation. Term deposits are held at the Commonwealth Bank,
National Australia Bank, Suncorp Bank, Bendigo Bank, Bank of Queensland and Heritage Bank.
Short term credit ratings of the above financial institutions range from A1+ and long term rating of BBB+.
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Annual Report 2016 - 2017 I TOOWOOMBA REGIONAL COUNCIL
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