2016-17 Annual Report 2016-17 Annual Report | Page 87

Toowoomba Regional Council
Notes to the Financial Statements for the year ended 30 June 2017
Note 27 . Transactions with Related Parties ( continued )
2016 $' 000 $' 000
( a ) Subsidiaries ( ie . Entities and Operations controlled by Council ) ( continued )
Name of Operation / Entity Empire Theatres Foundation
Interests in Subsidiary Council ' s Interest in Subsidiary Non-Controlling Interest in Subsidiary
Principal Activity and Place of Business
Established to provide performing arts opportunities to young people and
for the benefit of the local community and to preserve the cultural heritage
associated with the Empire Theatre .
54-56 Neil St , Toowoomba City , Qld , 4350
Ownership
Voting Rights
2017
2016
2017
2016
100 %
100 %
100 %
100 %
0 %
0 %
0 %
0 %
Relationship Empire Theatres Foundation is a subsidiary of Empire Theatres Pty Ltd
Name of Operation / Entity Jondaryan Woolshed Pty Ltd
Interests in Subsidiary Council ' s Interest in Subsidiary Non-Controlling Interest in Subsidiary
Principal Activity and Place of Business
Oldest and largest operating Woolshed - a working museum .
Functions and educational tours
264 Jondaryan-Evanslea Road , Jondaryan , Qld , 4403
Ownership
Voting Rights
2017
2016
2017
2016
100 %
100 %
100 %
100 %
0 %
0 %
0 %
0 %
Relationship Council provides operational grants and sponsorship to Jondaryan Woolshed Pty Ltd . Council also leases operational assets to Jondaryan Woolshed Pty Ltd .
Name of Operation / Entity
Toowoomba Surat Basin Enterprise ( TSBE ) Pty Ltd
Interests in Subsidiary Council ' s Interest in Subsidiary Non-Controlling Interest in Subsidiary
Principal Activity and Place of Business
Business membership organisation with focus on providing opportunities
to achieve sustainable growth and diversity for the region
6 Ann St , Toowoomba , Qld , 4350
Ownership
Voting Rights
2017
2016
2017
2016
100 %
100 %
100 %
100 %
0 %
0 %
0 %
0 %
Relationship Council provides operational grants and sponsorship to TSBE .
Annual Report 2016 - 2017 I TOOWOOMBA REGIONAL COUNCIL 87