Financial Statements 2017
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)
Transactions with Subsidiaries
Amount of
Outstanding Provisions transactions Balance (incl. for Doubtful Debts
during year Commitments) Debts on Expense
Outstanding Recognised
Details
2017
Empire Theatres Pty Ltd
- Grants and Sponsorship
- Goods and Services
- Rental transactions
$'000
$'000
$'000
Doubtful
$'000
-
-
- - -
1 1,050
73
551 -
- -
-
Empire Theatres Projects Pty Ltd
- Grants and Sponsorship
1
- Goods and Services
1 3
10 -
- - -
- -
1,004
23
99 -
-
- - -
-
- -
-
514
3,327 - - -
- - -
Jondaryan Woolshed Pty Ltd
- Grants and Sponsorship
- Goods and Services
- Rental transactions
Toowoomba Surat Basin
Enterprise Pty Ltd
- Grants and Sponsorship
1
1
1
1
1
1
1 Transactions with Controlled entities is in the form of Operating Grants and Sponsorship, as well as invoices
issued for leased assets and rent.
(b) Associates
Council has no interest in any Associates.
(c) Joint Ventures
Council has no interest in any Joint Ventures.
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TOOWOOMBA REGIONAL COUNCIL I Annual Report 2016 - 2017