X14A2T
Toowoomba Regional Council
Notes to the Financial Statements for the year ended 30 June 2017
Note 26 . Controlled Entities that have not been Consolidated
Toowoomba Regional Council has a number of controlled entities that are not consolidated because their size and nature means that they are not material to Council ' s operations . The financial statements for each of these entities are subject to separate audit certification by the Queensland Auditor-General or his delegate .
A summary of those entities , their net assets and results for the year ended 30 June 2017 follows :
Controlled Entities - Financial Results : Controlled Entity
Details Interest in
2017 Empire Theatres Pty Ltd
1
Ownership % $' 000 $' 000 $' 000 $' 000 $' 000
100
Revenue Expenses Profit Assets
3,821 3,813
8 2,293
Liabilities
1,540
Empire Theatres Projects Pty Ltd
Empire Theatres Foundation
Jondaryan Woolshed Pty Ltd ( unaudited ) Toowoomba and Surat Basin Enterprise Pty Ltd ( unaudited )
2 |
100 |
526 |
647 |
( 121 ) |
102 |
279 |
3 |
100 |
169 |
84 |
85 |
776 |
6 |
4 |
100 |
2,101 |
2,095 |
6 |
1,421 |
390 |
5 |
100 |
3,476 |
3,472 |
4 |
1,196 |
939 |
|
|
10,093 |
10,111 |
( 18 ) |
5,788 |
3,154 |
2016 Empire Theatres Pty Ltd Empire Theatres Projects Pty Ltd
Empire Theatres Foundation
Jondaryan Woolshed Pty Ltd ( unaudited )
Toowoomba and Surat Basin Enterprise Pty Ltd
|
% |
$' 000 |
$' 000 |
$' 000 |
$' 000 |
$' 000 |
1 |
100 |
4,012 |
3,963 |
49 |
1,836 |
1,091 |
2 |
100 |
422 |
484 |
( 62 ) |
101 |
156 |
3 |
100 |
231 |
358 |
( 127 ) |
704 |
18 |
4 |
100 |
1,997 |
1,949 |
48 |
1,693 |
456 |
5 |
100 |
2,289 |
2,288 |
1 |
708 |
454 |
|
|
8,951 |
9,042 |
( 91 ) |
5,042 |
2,175 |
1
2
3
4
5
Empire Theatres Pty Ltd ( ACN 086 482 288 ) is a Heritage Listed , purpose built performing arts theatre . It stages a wide variety of theatre , music and entertainment performances and is also a venue for hire .
Empire Theatre Projects Pty Ltd ( ACN 135 705 878 ) is a wholly owned subsidiary of Empire Theatres Pty Ltd and undertakes projects to provide training and performance opportunities to the local community .
Empire Theatres Pty Ltd is the trustee for the Empire Theatres Foundation . This registered charitable trust was established to provide performing arts opportunities to young people in the Toowoomba region , to promote the performing arts for the benefit of the local community and preserve the cultural heritage associated with the Empire Theatre .
Jondaryan Woolshed Pty Ltd ( ACN 128 419 983 ) is a historical museum and tourist attraction which also hosts annual events and corporate and private functions .
Toowoomba and Surat Basin Enterprise Pty Ltd ( ACN 128 419 983 ) was established in 2011 to focus on growing investment and business activity in the region .
Annual Report 2016 - 2017 I TOOWOOMBA REGIONAL COUNCIL 85