Annual Report 2017/18

ANNUAL REPORT 2017/18

CONTENTS

Introduction______4 Community Grants ______13

WTA Chair Report______5 Animal Education Program ______14

WTA CEO Report ______6 2018 Australia Day ______15

Planning ______7 Disaster Management ______16

WTA Organisational Structure ______8 Weipa’s 50th Celebration ______17

WTA Meetings ______9 Community Activities______19

WTA Member Attendance______10 Community Financial Report ______22

Member Remuneration ______11 2017-18 Capital Additions ______28

Community Requests and Complaints ______12 2017-18 Audited Financial Statements______33

MagiQ Software ______12

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 3 Contents INTRODUCTION

Weipa is a vibrant, sustainable coastal WTA Vision community of approximately 4,000 To create a diverse, connected and sustainable residents, located at Albatross Bay on the community, the hub of our unique Cape lifestyle. west coast of Cape York Peninsula, in the Gulf of Carpentaria. WTA Mission The township sits around 200km from Australia’s The WTA’s mission is to deliver strong, accountable northern tip and about 800km from Cairns by road (or and inclusive leadership that meets the needs of the 1.5 hours flying time by air). Despite the distance from community through: other major cities, the Weipa Township serves as the • Generating opportunities for economic regional hub for the Western Cape York Region and development contains all the facilities and conveniences of modern • Delivering high quality municipal infrastructure and living. services Rich in both natural beauty and cultural heritage, • Providing open and transparent governance this region features stunning beaches, unspoiled • Creating and leveraging partnerships with the wilderness and unrivaled fishing making Weipa the community including the traditional owners of the ideal base to explore the Cape’s many attractions. It land. is home to a number of different Traditional Owner groups, each contributing to the unique diversity of the area. The Weipa Township is located on the traditional lands of the Alngith people.

The Weipa Town Authority (WTA) vision and mission statement continue to define the overall objectives and guide the day-to-day performance and priorities of the WTA Team.

4 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Introduction WTA CHAIR REPORT

I believe the value of this Annual Report for Those of us who have lived here for some time cannot the people of Weipa cannot be understated. help but notice the changes to our weather patterns and the level of unpredictability that now accompanies It is one of the tools we use to inform the community our wet. We as a community need to continually adapt on the performance of the WTA. Building on the the way we do things to offset some of those impacts, previous 2016/17 Annual Report I am pleased to now and to continue to keep our community a great place present the 2017/18 Annual Report and I acknowledge to live. The WTA is investigating ways to make better the hard work and dedication of the staff at the Weipa use of our green belts, parks and open spaces so that Town Authority in preparing this report. they are cooler and greener. We are working towards Like all communities we have ageing essential becoming more energy and water efficient and to see infrastructure that needs to be continually repaired or any future developments reflect this in the planning replaced so that these essential services can continue phase. to be provided. At the same time, we endeavor to The future for Weipa and our region is very optimistic provide services and activities that support the and I look forward to continue working with the amenity and unique lifestyle that we enjoy living here. community to make sure that we benefit from any As I have mentioned at many forums the ongoing opportunities that come our way. conversation with the State Government, Rio Tinto and the Weipa Town Authority about the governance of the community continues. Michael Rowland Weipa Town Authority Chair With the projects being delivered by the Rio Tinto Liveability Project Team like the Sports Complex and the Kumrumja Centre and others this will add to the venues available for the community to use.

I do not feel that anybody has fully comprehended yet the opportunities that the sealing of the Peninsula Development Road is going to have for Cape York and Weipa. The obvious increase in tourism numbers and the variety of tourists that will now be able to access this great region is going to bring many opportunities for business to start or existing ones to grow.

Of course, with all opportunities there inevitably comes challenges, managing growth is a double-edged sword, while it offers financial variety and diversity it also places added demand on infrastructure and the ability of the community to adapt and preserve those essential qualities that we treasure as part of our home.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 5 WTA Chair Report WTA CEO REPORT

I am very pleased to provide the Chief 2017-2018 marked a change to real growth for Weipa Executive Officer Report for the WTA Annual and the greater Western Cape region with Amrun construction ramping up which saw an increase of new Report 2017-2018. contractors and families arriving in Weipa, new and The year kicked off with a fun filled community expanded local businesses and new sporting groups. celebration in July, being 50 years since Weipa was officially opened as a town. History tours and gala The year ahead dinner were held to celebrate mateship and honour The risks and opportunities I see ahead for the WTA Weipa’s achievements. Friends and families relaxed relate to creating economic opportunity through and saw out Sunday afternoon with the arts, live a competitive market, whilst at the same time performances, and a fabulous fireworks display. I protecting the natural environment and our unique would like to acknowledge the work of the WTA team remote lifestyle. There are huge opportunities ahead (particularly Fiona Langsdorf) and volunteers in for Weipa. The sealing of the Peninsula Development facilitating such an enjoyable community celebration. Road (PDR) will have economic flow on benefits in the Following on from such a great event, the WTA has years to come. committed to developing the Rocky Point foreshore The WTA intend to fully support Weipa in growth area and Kumrumja Park as part of an important with responsible planning and compliance processes precinct that enhances the Weipa lifestyle and grows including a review of local laws, a new draft community involvement through more activities such Town Planning Scheme and Local Government as markets, food, exhibits and entertainment. Infrastructure Plan to be launched next year. The WTA will also be working closely with Rio Tinto to The year it was deliver on new and improved community facility Maintaining Weipa’s enviable lifestyle and providing projects that enhance Weipa’s Liveability. value-for-money multi-purpose facilities to resident We live in a wonderful region and I am truly proud and visitors remained a key consideration for the WTA of the WTA’s role in delivering outcomes for the in 2017-2018. community. During this year, the WTA invested in – • Roofing upgrades for C&K Kindergarten and Pebbles Playgroup Emily Peel • Implementing MaqiQ software to improve the way Chief Executive Officer we do business and take advantage of technology Weipa Town Authority advances • Construction of the Andoom Oval Canteen • Critical infrastructure projects – Re-lining of aged sewer mains, and water main upgrades to improve water flows and pressure throughout Rocky Point • New pool vacuum and large floating inflatable for the Aquatic Centre • New programs by the WTA – sports programs, animal education and special events. In 2017-2018, residents expressed concerns about wandering/barking dogs, water leaks, hazardous trees and illegal dumping. Overall, the community demonstrated a genuine willingness to work with the WTA and comply with requirements, also in keeping the town’s animals safe and happy.

6 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 WTA CEO Report PLANNING & ORGANISATIONAL STRUCTURE

The Weipa Town Authority Corporate 2. Engaging and collaborating with our community Plan 2015 – 2020 (with Addendum) sets to celebrate our cultural identity and to provide the WTA’s future direction by outlining a high quality of life through health, education, its objectives, strategies and future work recreational services and facilities. activities. 3. Creating an environmentally aware and resilient community that respects and protects natural It identifies how the WTA will work with the broader life support systems and the Cape’s unique local community to deliver services, infrastructure and ecosystems. financial sustainability for Weipa, as identified in the 4. Working towards an independent and financially Weipa Community Plan 2012-2022. secure government authority that works with the Operational delivery of the plan was undertaken community to deliver excellence and accountability through the development of an annual WTA in service provision now and into the future. Operational Plan 2017-2018. Projects and deliverables The RTAW and WTA Management Protocol was are explicitly linked to Weipa’s future across the reviewed in late 2017 and provides the management following four (4) themes - framework for the operation of local governance 1. Creating a growing and diversified economy in Weipa. The Management Protocol also support that builds on its mining base to create new the WTA towards achieving autonomy and financial opportunities for the long term. sustainability.

CEO/Superintendent

Corporate Services Public Works Communities Coordinator Coordinator Coordinator

Events and Disaster Accountant Works Supervisor Officer

Environmental Health Finance/IT Officer Asset Officer and Contracts

Building and Planning Finance/Admin Officer Community Safety and Officer Local Laws Officer/s

Governance and Grant Officer

Administration Officer/s

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 7 Planning MEETINGS

General meetings of the WTA are held in the Workshops of the WTA are held in the Council Council Chambers, ordinarily on the fourth Chambers, ordinarily on the second Wednesday of the Wednesday of each month. month. Workshops are for discussion items and no resolutions are made. During the period July 2017 to During the period July 2017 to December 2017 General December 2017 Workshops were held on the second Meetings were held on the fourth Friday of each Friday of each month. Workshops for 2017/2018 were month. General (or Special) Meetings for 2017/2018 held on the following dates: were held on the following dates: • Friday 21 July 2017 • Friday 11 August 2017 • Friday 8 September 2017 • Friday 25 August 2017 • Friday 13 October 2017 • Friday 22 September 2017 • Friday 10 November 2017 • Friday 27 October 2017 • Friday 8 December 2017 • Friday 24 November 2017 • Wednesday 10 January 2018 • Friday 15 December 2017 • Wednesday 14 February 2018 • Wednesday 24 January 2018 • Wednesday 14 March 2018 • Wednesday 28 February 2018 • Wednesday 11 April 2018 • Wednesday 28 March 2018 • Wednesday 9 May 2018 • Tuesday 24 April 2018 (revised for Anzac Day) • Wednesday 13 June 2018 • Wednesday 23 May 2018

• Wednesday 27 June 2018

8 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Meetings 2017-18 WTA MEMBERS

The current Weipa Town Authority comprises seven (7) members who commenced their term in 2016.

Of these – • Four members are elected by Weipa residents through a democratic election process (conducted in the same manner as other Queensland local elections), • Two members are appointed by Rio Tinto, and • One member is appointed by the Traditional Owners (Alngith Corporation Ltd). The WTA acts as a local council, has a Chair (akin to a Mayor) and Members (akin to Councillors)

Member quote/reflection on 2017-18 “As Weipa moved through its 50th year of existence culminating with a celebration of everything Weipa down at Kumrumja Park. The year 2017 - 18 saw many projects completed over the last year from infrastructure refurbishments to many community projects. Then the cyclone season saw us activate the disaster management group for Tropical Cyclone Nora. I would like to thank all of the WTA staff for the tireless and dedicated work for our community Michael Stretch Noonan and also all those involved in the Weipa Disaster Rowland DEPUTY CHAIR Management Group.” Stretch CHAIR “Inspired by the entrants in the Weipa 50th Celebrations visual and performing arts competitions, the Weipa Town Authority has been actively encouraging the Weipa community to engage in artistic activities. The Flying Arts Alliance has been contracted to supply four 2-day workshops (drawing and painting) over the 2018/2019 financial year. We will also explore using YouTube and other online Duane Singleton Ben Myall Chris Newman training resources to develop the artistic skills of ELECTED MEMBER APPOINTED ELECTED MEMBER interested community members by regular, friendly, RIO TINTO relaxed and socially inclusive workshops.” Chris MEMBER “I am really pleased to see improvements across the Weipa town and a WTA that has committed team members that work tireless every day to make Weipa a better community. The liveability work program has commenced to improve facilities in town and I will be really pleased to see the eatability round about completed in time for the Christmas 2018 celebrations. There is a lot more improvement works that is planned for 2019 and I look forward to the various projects coming to life.” Gerald Jackie Madua Gerald Foo APPOINTED APPOINTED TRADITIONAL RIO TINTO OWNER (ALNGITH) MEMBER MEMBER WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 9 WTA Members WTA MEMBER ATTENDANCE

TOTALS

28 11 25 22 27 24 15 24 28 28 24 23 27 WTA Meeting Jul* Aug Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun No %

Michael Rowland A P P P P P P P P P P P P 12 100.00%

Stretch Noonan P P P P P P A A P P A P P 9 75.00%

Chris Newman P P P A P P P P P P P P P 11 91.67%

Duane Singleton P P P P P A P P P A P P P 10 83.33%

Jackie Madua A A P P P P A P A P P P A 8 66.67%

Ben Myall A P P A P A A P P P P P P 9 75.00%

Gerald Foo X X X P P P P P P A P P P 9 90.00%

*No quorum for 28/7/2017 TOTALS

14 21 11 8 13 10 10 14 14 11 9 13 WTA Workshop Jul Jul Aug Sep Oct Nov Jan Feb Mar Apr May Jun No %

Michael Rowland P P X P P P P P P P A P 10 90.91%

Stretch Noonan P A X A P P P A P P P P 8 72.73%

Chris Newman P P X P P P A P P P P P 10 90.91%

Duane Singleton P P X P P P P P P P P A 10 90.91%

Jackie Madua P P X A P P P A P A A A 6 54.55%

Ben Myall P P X P P P P P P A A P 9 81.82%

Gerald Foo* X X X X P P P A P P P P 7 87.50%

*Gerald Foo replaced Troy McNamara in Sep 2017

P Present A Absent or Apology X N/A or Cancelled

10 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 WTA Member Remuneration WTA MEMBER REMUNERATION

Remuneration (in accordance with POL- Commencing 1 July 2017 remuneration for WTA 010 WTA Member Remuneration Policy) members was – was paid to WTA Members for their service Chair $82,087 as WTA Representatives, members of the Deputy Chair $35,178 WTA Committee, and other duties normally Member $25,018 carried out by elected local government WTA Members are required to attend meetings, councilors (s12 of the Local Government Act workshops, and other important meetings which 2009 (Qld)). require a WTA member attendance, and participation, These remuneration arrangements relate to elected such as budget meetings, planning sessions, and the WTA Members and the Traditional Owner (Alngith) like. The role of WTA member requires them to fully appointed WTA Member. Rio Tinto appointed WTA participate in, and contribute to, such meetings. Members are not covered by this policy.

WTA Members are also entitled to superannuation as per the current employer Superannuation Guarantee rate (9.5%).

Members Members Members Allowance Total Training Expenses (ex. super)

Chris Newman 25,018 253 25,272

Jacqueline Madua 25,018 253 25,272

Stretch Noonan 35,178 253 35,432

Michael Rowland 82,087 1,437 3,522 87,046

Duane Singleton 25,018 253 25,272

Total $ 192,319 $ 1,437 $ 4,536 $198,294

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 11 WTA Member Remuneration COMMUNITY REQUESTS AND COMPLAINTS

The WTA receives, and relies upon a variety of complaints, suggestions and requests from the Weipa community to provide services.

Issues and feedback are received via the WTA website, email, phone, and through face to face visits to the town office. Throughout 2017-18, the community raised concerns relating to four (4) key areas - • Animal management, including wandering and barking dogs; • Overgrown sites and hazardous trees requiring trim/removal; • Water supply, leaks and outages; • Repairs and maintenance of roads, gutters and pathways. The WTA implemented a new Customer Requests and Complaints System (MagiQ software) in March 2018 to support the WTA in prioritising, managing and responding to community requests more efficiently. A total of 642 complaints, suggestions and requests were logged by the WTA throughout the 2017-2018 period.

MAGIQ SOFTWARE

In 2018 the Weipa Town Authority began the transition to a new Local Government software platform –MagiQ Enterprise.

The upgrade will meet the need of the community to have a modern, integrated platform that will create efficiencies in meeting the town’s service, legislative and compliance requirements.

12 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Community Requests and Complaints • MagiQ Software COMMUNITY GRANTS

Each year, Weipa Town Authority provides a community group grant program to assist local groups and organisations within the Weipa Community.

The program is intended to fund small projects, programs and equipment upgrades which will improve an organisations ability to conduct activities or enhance community wellbeing.

During the 2017/18 financial year, the WTA provided over $6,000.00 in grants to local community groups (see table 1), and $3,300.00 in Emergency Service donations to Volunteer Marine Rescue and State Emergency Services.

Table 1.

Organisation Purpose for which Funding Name funding is approved Amount

Pebbles Playgroup Purchase of iPad and $1,000 outdoor bench seating for feeding mothers Weipa BMX Club Replace the BMX club $1,000 marquee Weipa Gymnastics Purchase of Kindergym $1,000 Club equipment Weipa Potters Kiln Shelves & Props $1,000

Weipa Billfish Club Fabricate and install $2,000 permanent fish weigh station Weipa Sportsfishing Purchase calibrated digital $638 Club scales

Total $6,638

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 13 Community Grants ANIMAL EDUCATION PROGRAM

The WTA local laws officers commenced a school education program in October 2017 to promote safety around pets.

The sessions were run for several kindergarten groups as well as primary students at Western Cape College (prep – grade 6). The sessions focused on how to interact safely with dogs, in particular bite prevention.

14 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Animal Education Program 2018 AUSTRALIA DAY

The 2018 Australia Day awards saw many entries recognising the great contribution of local community members who have shown exceptional community service, dedication and leadership in Weipa.

Award Winners:

Junior Sp orts Person izen Community Event Award: Young Cit Sports Person of the Year: of the Year: of the Year: Kimberley Hutchinson Carli Addison League of Lemons Leigh Allender Junior Sportsperson of Carli Addison was League of Lemons won Leigh Allender received the the Year was awarded to Kimberley Hutchinson awarded Young Citizen Community Event of Australia Day Sportsperson of the Year for her the Year for their 2017 of the Year for his for her sporting achievements, continual inspiring efforts to annual charity drive outstanding contribution pursue her passion in which saw them raise and support in local sport dedication and effort in her training, and singing, not letting the over $29k for local and recreational activities, limitations of living in a charities. as well as being a positive her drive to achieve whatever she sets out remote locality interfere role model for the youth of with her goals. Weipa and the Cape. to do.

Citizen of the Year: Jay Murray Citizen of the Year winner Jay Murray has been recognised for her passion and commitment to the Weipa community over the last 20 years. She is actively involved in many community groups, events and committees, and her work is not for personal gain.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 15 2018 Australia Day DISASTER MANAGEMENT

Tropical Cyclone Nora Disaster Dashboard

In March 2018, the Weipa Disaster Management The Queensland Reconstruction Authority (QRA) is Group activated the Local Disaster Coordination responsible for the distribution of Get Ready Grant Centre (LDCC) in response to Tropical Cyclone Nora. funding across the state of which WTA are fortunate to The activation proved very beneficial for the group receive funding from each year. This year, the funding providing a fantastic opportunity to test out disaster was put towards the establishment of the Weipa management plans and pontoon removal procedures. Disaster Dashboard. The dashboard provides residents Whilst the cyclone didn’t reach Weipa, it served as a with a central point for latest news, weather warnings, great reminder to residents that cyclones can happen emergency contact, disaster preparedness and much at any time, and we should always be prepared. more. Residents can access the dashboard via the WTA website.

16 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Disaster Management FREE KEEP SAKE

WEIPA 50TH CELEBRATION We’re celebrating

Over a weekend in July, the WTA team hosted a 3 day event to celebrate 50 years since Weipa was officially opened as a town.

Word quickly spread through social media and WEIPA COMMUNITY word of mouth and resulted in ex residents and managers making the trek from all over Australia to participate in the celebrations.

The weekend started with a social get together in the newly re-furbished Hibberd Library between old and new friends. Guests were treated to live entertainment by ex- manager Ken McDonald who made the trip “People made this place” from Victoria. “People make this place” Saturday was a jam packed day with free bus tours led by local historian and ex-resident Geoff Wharton – these tours proved very popular. Then came the annual Rio Tinto General Manager’s XI versus Weipa Town Cricket Match resulting in Weipa Town taking the trophy. The day was finished off with a Gala Dinner held at the Albatross Bay Resort with 180 people attending.

Sunday saw the festivities come to a conclusion with large community festival on the lawns of Kumrumja Park. This was a free family event of arts and craft, performing arts, community markets, sausage sizzle, live entertainment by local band “the other band” and special guest Mr John Williamson. The evening finished with a bang with one of the best fireworks displays experienced by Weipa.

The WTA would like to thank the sponsors, staff and volunteers who made this event possible and all those who travelled from all over to celebrate this exciting milestone.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 17 Weipa’s 50th Celebration 18 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Weipa’s 50th Celebration COMMUNITY ACTIVITIES

Library Event – May the fourth be with you On Friday May 4th 2018, Hibberd library hosted its inaugural Star Wars themed May the fourth be with you event. Our librarian Princess Leia (aka Library Officer Richelle Ryan) facilitated the afternoon event with a number of fun activities including a scavenger hunt and death star challenge. Prizes were also awarded for best costume.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 19 Weipa’s 50th Celebration National Simultaneous Story Time – Hibberd Library Wednesday 23rd May 2018

C& K Kindergarten and Cape Kids participated in the reading of Hickory Dickory Dash. National Simultaneous story time is held annually by the Australian Library and Information Association.

Every year a picture book, written and illustrated by an Australian author and illustrator is read simultaneously in libraries, schools, pre-schools, childcare centres, family homes, bookshops and many other places around the country.

20 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Community Activities Fun Palace October 2017 Fun palace is an event that brings together arts, science and technology in one places where groups of all ages can participate. The 2017 event included learning how to make your own air pressure toys, Engino science puzzle kits, metal detecting, marine animal art, plasma ball and playdoh bouquets.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 21 Community Activities COMMUNITY FINANCIAL REPORT This community financial report shows a summary of the Financial Statements with the aim of providing understandable information to the members of our community. The use of graphs allows readers to easily evaluate the WTA's financial performance and financial position. This report also includes key financial statistics and ratios that can also be useful indicators of the WTA's performance.

CORPORATE FINANCIAL STATEMENTS Statement of Profit or Loss and Other Comprehensive Income

REVENUE FEES & CHARGES REVENUE The WTA received a total of $7,334,890 in revenue and Attributing to 5% of the total WTA revenue, fees and other income during the 2017/18 financial year. charges are an important revenue stream for the town to operate. Fees & charges includes revenue from the Total revenue has increased by $362,429 between this aquatic centre & other facilities that the town has for financial year and last financial year. This is mainly hire, such as the Weipa Storm Surge Shelter. Revenue due to the increase in general rates year on year from animal registrations and the pound are also as a result of a town-wide rates review. This review included in this total, as well as regulatory items such created a more diversified range of rate categories as rates searches, trade waste, town planning and enabling the WTA to make discrete decisions on rating building inspections. A full list of the WTA fees and assessments, creating equity amongst ratepayers. charges can be found on our website.

RATES AND CHARGES 2017/18 Total Revenue Rates and charges attribute to the majority of the $7,334,890 WTA revenue at 91%. This is the primary funding stream that enables the WTA to complete the day to 5% 2% day operations throughout Weipa town. This annual 2% total of $6.6m includes general rates and also utility rates which fund maintenance of the water and sewer 0% infrastructure, as well as garbage collections.

GRANTS AND DONATIONS This total refers to operating grants & donations only, not capital funding. The annual total of $106k 91% attributed 2% of the total WTA revenue for 2017/18. The total includes donations received that are passed on to local organizations such as SES and the Rates and charges - $6,695,087 amortization of the funding received from the Building Grants & donations - $106,865 our Regions grants. Fees & charges revenue - $368,202 Interest revenue - $134,688 Other revenue - $30,048

22 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Community Financial Report EXPENDITURE collection and treatment, maintenance of roads The WTA's total expenditure for the 2017/18 financial and storm water drainage, town planning functions, year was $6,881,151. building certifications and inspections, disaster management, food licensing, environmental health, As it has been the case with revenue, total expenditure garbage collection, events (such as movie nights, has increased between this financial year and last Australia day, library fun palace), Aquatic Centre, financial year, a total increase of $505,265. animal control, local laws, finance, governance There was an increase in payroll costs, one contributor and grants, administration, sports and recreation of this was a focus on engineering during the year to activities and services (i.e. school holiday programs, continue the asset management work started in the playgrounds, footpaths, ovals and fitness equipment). previous financial year. These costs eliminated the engineering consultant costs from the prior year, but OTHER MATERIALS AND SERVICES enabled us to have a full time resource for the year, Other materials and services attributed to 2% of offering better value for money for the community the WTA’s total expenditure. Totaling $154k for the (reduction of 50% consultant costs compared to prior financial year, this included expenditure for the year). external testing of the town water on a weekly basis, grants to community user groups for specific projects There was an annual increase of $326k for repairs as detailed in their applications, cleaning of the WTA and maintenance costs, this included repairs and facilities available for public hire and use (i.e. public maintenance of the community property buildings toilets, house on the hill, assembly hall). The 2017/18 which are ageing and deteriorating assets. Substantial year saw a $55K reduction in other materials and maintenance was also required to the Weipa Aquatic services. A contributing factor to this reduction was a Centre in 2018 to overhaul the filtration systems and project to determine correct water testing procedures, repair water leaks in both pool areas. This category the outcome being daily water testing samples are now also included the on call service maintaining water only required to be sent from Weipa once per week, infrastructure, as well as regulating firefighting halving this yearly freight cost. pressures which was a key focus during this financial year. CONTRACTORS There were significant capital works that took place Contractor expenditure equated to 21% of the total during this financial year, such as the Hibberd Park WTA expenditure this financial year. The majority of upgrade and the completion of the water infrastructure these costs are maintaining the grounds, parks and upgrade in Rocky Point, the recent focus on capital gardens around the town. The garbage collection improvements has resulted in an increase in services are also operated by a contractor so the town depreciation expense for the year, $192k above the collection costs also fall under this category as well as total depreciation in 2016/17. a variety of other smaller contracts.

PAYROLL ELECTRICITY Payroll attributed to 27% of the WTA’s total The WTA electricity costs rose by 17% from 2016/17 expenditure for 2017/18. This expenditure includes to 2017/18 in line with a RTA Weipa charge review. wages, salaries, WTA Member remuneration, and The WTA are working towards ways to mitigate this superannuation. The WTA maintains a strong increase through the rollout of LED street lighting and workforce, having 16.8 full time equivalents (FTE) other power saving initiatives. The cost of electricity during this financial year, providing services for the covers all aspects of town services, including street community such as public works, projects, water lights, community facilities, Aquatic Centre, irrigation, treatment, water storage and distribution, sewer and operation of the sewer and water pump stations.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 23 Community Financial Report REPAIRS & MAINTENANCE GENERAL EXPENSES Repairs and maintenance attributed to 18% of the General expense totaled $615k this financial year. WTA’s total expenditure for 2017/18. The primary These costs cover general operations for the driver for this increase was a focus on finding and Aquatic Centre (i.e. gas for the pumps, chlorine repairing water leaks through town, including the and consumables), general expenses for parks and town pool as well as improving community facilities to gardens around the town (i.e. tree trimming and tree promote increased usage. Repairs and maintenance removal), general consumables in the library and the works also include maintenance of roads, footpaths, storm surge for school holiday activities and general drainage, as well as water and sewer mains, valve craft, and also expenditure towards event preparation audits and irrigation repairs. The costs for emergency and rollout. call outs for water and sewer leaks are also included in this category.

2017/18 Total Expenditure $6,881,151

9% 27%

3% 2%

18% 21%

Payroll - $1,861,727 6% Consultants - $228,534 Other materials and services -$154,235 Administration - $371,879

Contractors - $1,415,291 General expenses - $615,468

Electricity - $424,033 Depreciation - $601,928 Repairs & maintenance -$1,208,056

24 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Community Financial Report OPERATING POSITION The operating position is calculated by taking the The WTA’s operating position reflects the WTA's total operating expense ($6,881,151) from total organisation’s ability to meet its day-to-day running operating revenue ($7,334,890). It does not include costs from operating revenue. revenue or expenditure amounts for capital projects. The WTA’s operating position as at 30 June 2018 is a surplus of $453,739, a reduction from the $596,574 surplus in the 2016-17 financial year.

Operating position over the past three years.

$900,000 $810,972 $800,000 $700,000 $596,574 $600,000 $500,000 $453,739 $400,000 $300,000 $200,000 $100,000 $0 2017-18 2016-17 2015-16

Statement Of Financial Position

ASSETS LIABILITIES

2017/18 2016/17 2017/18 2016/17

Current Assets 5,692,023 5,139,957 Current Liabilities 4,556,853 3,133,508

Non-Current Assets 8,763,754 7,438,737 Total Liabilities 4,556,853 3,133,508 Total Assets 14,455,777 12,578,694 The WTA liabilities totalled $4.5m at the end of 2017/18 financial year, this represents a 45% increase The WTA assets totaled $14.4m at the end of 2017/18 on the total liabilities in 2016/17. financial year, this represents a 15% increase on the total assets in 2016/17. Current liabilities includes trade and other payables, the reason for this increase relates to the size of the The majority of the increase relates to fixed asset projects that were ongoing at the end of the year (work additions for infrastructure. This included the $1.1m in progress), hence having to include invoices that refurbishment works on the Rocky Point Fire flow related to works already completed by 30 June 2018 upgrades & Sewer Pipe Relining, as well as upgrade (Bitumen sealing of pathways & Weipa Aquatic Centre works on the Andoom Oval Canteen, and completion upgrade). of the Hibberd Park & Joy Rollins park upgrade. Current liabilities also includes revenue in advance, which has increased by $680k year on year. This relates to the Building our Regions grant funding which is being amortized over the life of the funded assets.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 25 Community Financial Report The following graph displays the total asset movement over the past three years.

3 year trend council assets

$16,000,000 $14,455,777 $14,000,000 $12,578,694 $12,000,000 $9,675,288 $10,000,000

$8,000,000

$6,000,000

$4,000,000

$2,000,000

$0 2017-18 2016-17 2015-16

The following graph displays the total movement for liabilities over the past three years.

3 year trend council liabilities

$5,000,000 $4,556,853 $4,500,000 $4,000,000 $3,500,000 $3,133,508 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $826,677 $500,000 $0 2017-18 2016-17 2015-16

26 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 Community Financial Report EQUITY The WTA’s total equity as at 30 June 2018 2017/18 2016/17 is $9.8m. Equity is equal to total assets Reserves 870,794 870,794 (what we own) minus total liabilities Retained profits 9,028,130 8,574,391 (what we owe). Total Equity 9,898,924 9,445,185

FINANCIAL RATIOS The following ratios are designed to provide an indication of the performance of the WTA against key financial sustainability criteria which should be met to ensure the management of financial risks.

RATIO DESCRIPTION FORMULA RESULT COMMENTS

Asset This is an approximation Capital 319% This result has improved Sustainability of the extent to which Expense considerably from the Ratio the infrastructure assets previous year, supporting Depreciation managed by council are the fact that asset Expense being replaced as they management is a key reach the end of their focus for the WTA at the useful lives. moment. The year on year reduction supports the reinvestment into capital improvements of town assets and will continue moving forward.

Operating This ratio is an indicator Net operating 6% WTA has made a healthy Sustainability of the extent to which surplus surplus for the year which Ratio operating revenues raised can be reinvested into Total operating cover operating expenses. future capital works. revenue A ratio greater than 0% indicates additional funds are available for capital funding purposes.

Net Financial This is an indicator of the Total liabilities -15% WTA financial liability Liabilities extent to which the net less current looks ok. It is strengthened Ratio financial liabilities of the assets by the fact that the WTA can be serviced by its liabilities are largely made Total operating operating revenues. up of income in advance revenue rather than a loan (for example).

CONCLUSION The audited financial statements that support the Community Financial Report present the view that the WTA has performed well through the financial year and has concluded the year in a strong financial position with an operating result of $453,739. The WTA has also grown its total assets by $1.8m (15%) which is a significant result over one financial year. The WTA remains fully committed to keeping thorough financial management plans, including the operational plan and ongoing regular budget reviews.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 27 Community Financial Report CAPITAL ADDITIONS 2017-18

This financial year, the main projects completed included the upgrading of the Rocky Point water mains to increase water pressure and fire flow rates & the Critical Sewer upgrades.

The WTA received State Government funding to complete these works through Building our Regions Round 02 (50% of the total project costs was received through this funding).

The Andoom Oval Canteen installation was also a large project that continued on from the Andoom Oval upgrade work carried out in 2016/17. This project was assisted by large contribution from the Indigenous Land Corporation.

A summary of the 2017/18 Capital Additions is provided below, by asset classification:

Fixed Asset Additions $ Work in Comments Classification progress $

Buildings 370,609 - Completion of Andoom Oval Canteen, WTA Roof Replacements

Other structures 154,420 35,155 Completion of Hibberd Park stage 2 upgrade. Installation of walkway at Evan’s Landing, will continue into 2018/19.

Plant & vehicles 18,335 - Animal control vehicle custom tray and tailgate.

Furniture & equipment 1,850 Library shelving additions

Roads & drainage 162,424 16,510 Bike Path from Nanum to Evans Landing, will continue into 2018/19.

Water infrastructure 635,626 Rocky Point fire flow upgrades

Sewerage infrastructure 526,963 Completion of the Sewer pipe relining project & Sewer Pipe realignment in Evan’s Landing

Total 1,870,227 51,665

28 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Capital Additions WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 29 2017-18 Capital Additions 30 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Capital Additions WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 31 2017-18 Capital Additions 32 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Capital Additions AUDITED FINANCIAL STATEMENTS

WEIPA TOWN AUTHORITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 33 2017-18 Audited Financial Statements Statement of Profit or Loss and Other Comprehensive Income For the Year Ended 30 June 2018

2018 2017 Note $ $ Rates and charges 3 6,695,087 6,355,339 Grants and subsidies 106,865 102,549 Fees and charges 368,202 354,468 Interest revenue 134,688 133,231 Other Income 30,048 26,871 Total income 7,334,890 6,972,457

Administration expenses 371,879 411,159 Consultants 228,534 526,744 Contractors 1,415,291 1,285,520 Depreciation and amortisation 601,928 409,905 Electricity 424,033 360,903 General expenses 615,468 557,617 Other materials and services 154,235 209,285 Payroll expenses 1,861,727 1,732,893 Repairs and maintenance 1,208,056 881,858 Total expenses 6,881,151 6,375,886

Net Result 453,739 596,574

Other comprehensive income - -

Total comprehensive income 453,739 596,574

The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.

34 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements Statement of Financial Position As at 30 June 2018

2018 2017 Note $ $ ASSETS Current assets Cash and cash equivalents 4,536,379 3,933,603 Trade and other receivables 4 1,126,537 1,153,712 Other current assets 29,107 52,641 Total current assets 5,692,023 5,139,957

Non current assets Property, plant and equipment 5 8,628,499 7,438,737 Intangible assets 6 135,255 - Total non current assets 8,763,754 7,438,737 TOTAL ASSETS 14,455,777 12,578,694

LIABILITIES Current liabilities Trade and other payables 7 2,061,884 1,318,058 Revenue in advance 8 2,494,969 1,815,450 Total current liabilities 4,556,853 3,133,508

TOTAL LIABILITIES 4,556,853 3,133,508 NET ASSETS 9,898,924 9,445,185

EQUITY Reserves 9 870,794 870,794 Retained profits 9,028,130 8,574,391 TOTAL EQUITY 9,898,924 9,445,185

The above statement of financial position should be read in conjunction with the accompanying notes.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 35 2017-18 Audited Financial Statements Statement of Changes in Equity For the Year Ended 30 June 2018

Retained Profits Other Reserves Total $ $ $ Balance at 1 July 2016 7,977,817 870,794 8,848,611

Total comprehensive income for the year Surplus/(Deficit) for the year 596,574 - 596,574 Total comprehensive income for the year 596,574 - 596,574 Balance at 30 June 2017 8,574,391 870,794 9,445,185

Total comprehensive income for the year Surplus/(Deficit) for the year 453,739 - 453,739 Total comprehensive income for the year 453,739 - 453,739 Balance at 30 June 2018 9,028,130 870,794 9,898,924

The above statement of changes in equity should be read in conjunction with the accompanying notes.

36 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements Statement of Cash Flows For the Year Ended 30 June 2018

2018 2017 Note $ $

Cash from operating activities: Receipts from customers 8,310,154 8,875,110 Payments to suppliers and employees (5,916,032) (5,460,914) Interest received 134,688 133,231 Net cash provided by (used in) operating activities 10 2,528,810 3,547,427

Cash flows from investing activities: Payment for property, plant and equipment (1,926,941) (4,479,040) Profit on disposal of property, plant and equipment 909 - Net cash provided by (used in) investing activities (1,926,032) (4,479,040)

Cash flows from financing activities: Net cash provided by (used in) financing activities - -

Net increase (decreases) in cash held 602,778 (931,613) Cash and cash equivalents at beginning of year 3,933,603 4,865,216 Cash at end of financial year 4,536,379 3,933,603

The above statement of cash flows should be read in conjunction with the accompanying notes.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 37 2017-18 Audited Financial Statements Notes to the Financial Statements For the Year Ended 30 June 2018

1. Corporate Information Rio Tinto is responsible for the administration of the town of Weipa, which it carries out through Weipa Town Authority. The Weipa Town Authority acts in the role of Local Authority, with staff that one would normally associate with a local council. The services supplied and maintained through the Weipa Town Authority are similar to those supplied by local councils throughout Australia, and include road maintenance, water supply, town planning, garbage collection, parks, ovals, libraries and public swimming pools. The Weipa Town Area is governed by RTA Weipa Pty Ltd (RTA) by virtue of the Comalco Act and Agreement, within the limitations set out by those instruments. The Comalco Act makes reference to and imports in clause 45 of the agreement scheduled to the Comalco Act (Agreement) provisions of the Local Government Act 2009 (Qld)(2009 LG Act). These financial statements do not fully reflect all of the transactions that relate to the operation of the town authority. Some assets, liabilities and expenditures are recorded in other divisions of RTA. The financial statements of Weipa Town Authority for the year ended 30 June 2018 were authorised for issue in accordance with a resolution of the committee on the date the committee members’ declaration was signed. The financial statements are presented in Australian dollars, which is the Authority’s functional and presentation currency.

2. Summary of Significant Accounting Policies The principal accounting policies adopted in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. a) Basis of Preparation These financial statements are special purpose financial statements prepared in order to satisfy the financial reporting requirements of the committee. The committee members have determined that the Authority is not a reporting entity. No Australian Accounting Standards and authoritative pronouncements of the Australian Accounting Standards Board have been intentionally applied in the preparation of these financial statements. The concept of accruals accounting has been adopted in preparation of the financial statements. The financial statements have also been prepared on a historical cost basis. b) Accounting Estimates and Judgments The committee members evaluate estimates and judgements incorporated into the financial report based on historical knowledge and best available current information. Estimates assume a reasonable expectation of future events and are based on current trends and economic data, obtained both externally and within the authority. Details of critical accounting estimates and assumptions about the future made by management at the end of the reporting period are set out below:

Depreciation is based on the estimated useful life of the asset. Refer note 5.

38 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) 2. Summary of Significant Accounting Policies (continued) c) Employee Provisions No provisions for employee entitlements are recorded in these financial statements as personnel are employed by another component of RTA. d) Taxation Income of local authorities and public authorities is exempt from Commonwealth taxation except for Fringe Benefits Tax and Goods and Services Tax (‘GST’). The net amount of GST recoverable from the ATO or payable to the ATO is shown as an asset or liability respectively.

3. Rates and Charges 2018 2017 $ $ General rates 3,583,898 3,450,905 Cleansing rates 733,540 656,435 Sewerage rates 1,091,509 1,029,169 Water rates 1,433,692 1,334,776 Excess water rates 3,277 4,152 6,845,916 6,475,436 Discounts and adjustments (150,829) (120,097) 6,695,087 6,355,339

Where rate monies are received prior to the commencement of the rating/levying period, the amount is recognised as revenue in the period in which they are received, otherwise rates are recognised at the commencement of rating period.

4. Trade and Other Receivables 2018 2017 $ $ Rates debtors 819,272 652,822 Sundry debtors 80,448 117,442 RTA Weipa Pty Ltd 226,817 383,448 1,126,537 1,153,712

Trade receivables are recognised at the original invoice amount and have repayment terms between 30 and 90 days. Collectability of trade debtors is assessed on an ongoing basis. Debts which are known to be uncollectable are written off. An allowance is made for doubtful debts where there is objective evidence that the authority will not be able to collect all amounts due.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 39 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) 5. Property Plant and Equipment 2018 2017 $ $

Infrastructure, at cost 9,833,761 8,145,970 Less accumulated depreciation (2,008,079) (1,483,411) 7,825,682 6,662,558

Buildings, at cost 692,278 248,943 Less accumulated depreciation (137,916) (109,010) 554,362 139,933

Plant & vehicles, at cost 255,968 237,633 Less accumulated depreciation (138,434) (114,608) 117,534 123,025

Furniture & office equipment, at cost 290,476 309,774 Less accumulated depreciation (211,220) (215,894) 79,256 93,880

Capital work in progress 51,665 419,342

Total property, plant and equipment 8,628,499 7,438,737

40 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) 5. Property Plant and Equipment (cont.)

2018 Furniture Capital & office work in Infrastructure Buildings Plant & vehicles equipment progress Total $ $ $ $ $ $ Carrying amount at the beginning of year ended 30 June 2018 6,662,558 139,933 123,024 93,880 419,342 7,438,737

Additions 1,479,435 370,609 18,335 1,850 51,665 1,921,894 Depreciation expense (524,715) (28,907) (24,488) (16,431) - (594,541) Transfers 208,404 72,727 663 (43) (419,342) (137,591) Disposals ------Carrying amount at the end of year ended 30 June 2018 7,825,682 554,362 117,534 79,256 51,665 8,628,499

All property, plant and equipment is stated at historical cost, including costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management, less depreciation and any impairment. Depreciation is calculated on a straight-line basis over the estimated useful life. The depreciation rates used for each class of depreciable assets are:

Class of fixed asset Depreciation rate Depreciation basis

Infrastructure 3 – 100% Straight Line

Buildings 2.5 – 40% Straight Line

Plant & Equipment 2.5 – 100% Straight Line

Furniture & office equipment 2.5 – 100% Straight Line

The assets’ residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. Gains and losses on disposals are calculated as the difference between the net disposal proceeds and the asset’s carrying amount and are included in profit or loss in the year that the item is derecognised. These financial statements do not recognise all infrastructure assets in the town area. Land and some components of infrastructure are owned by another component of RTA. Property, plant and equipment are capitalised by the Weipa Town Authority when the purchase of the property, plant and equipment has been funded by the Weipa Town Authority.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 41 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) 6. Intangibles

2018 Software Total $ Carrying amount at the beginning of year ended 30 June 2018 - -

Additions 24,182 24,182 Amortisation expense (8,802) (8,802) Transfers 119,875 119,875 Disposals - - Carrying amount at the end of year ended 30 June 2018 135,255 135,255

Intangible assets with a cost or other value exceeding $10,000 are recognised as intangible assets in the financial statements, items with a lesser value being expensed. Costs associated with the development of computer software are capitalised and are amortised on a straight-line basis over the period of expected benefit to the authority.

7. Trade and Other Payables 2018 2017 $ $ Trade creditors 1,614,000 623,596 Accrued expense 447,884 694,462 2,061,884 1,318,058

Trade and other payables represent liabilities for goods and services provided to the authority prior to year end and which are unpaid. These amounts are unsecured and have 30-60 day payment terms

42 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) 8. Revenue in Advance 2018 2017 $ $ Unexpended grants 153,700 171,587 Fees and charges in advance 61,430 65,002 Government grants received (for amortisation) 2,279,840 1,578,862 2,494,969 1,815,450

Unexpended grants are grants funds received where the Town Authority does not consider that it has obtained control of the grant funds received until the funds have been applied for the approved purpose set out in the relevant funding agreement. Grants received reflect the government funding of capital projects. These grants have been included as revenue in advance and will be amortised over the life of the capital asset.

9. Reserves 2018 2017 $ $ Parks & gardens capital reserve 9,794 9,794 Roadworks capital reserve 287,000 287,000 Water capital reserve 287,000 287,000 Sewerage capital reserve 287,000 287,000 870,794 870,794

These are provisions for reserves which are reviewed each year, to provide for future expenditure on allocated infrastructure and equipment around the town.

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 43 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) 10. Cash Flow Information Reconciliation of Cash Flow from Operations with Profit after Income Tax Net (deficit)/surplus for the period 453,737 596,574 Cash flows excluded from (deficit)/surplus attributable to operating activities Non cash flows in (deficit)/surplus Depreciation and amortisation 601,928 409,905 Disposal of WIP - 113,667 Profit on disposal PPE (909) - Changes in assets and liabilities, net of the effects of purchase and disposal of subsidiaries (Increase)/decrease in trade and other receivables 50,709 120,450 Increase/(decrease) in trade payables and accruals 743,829 666,071 Increase/(decrease) in deferred revenue 679,519 1,640,760 2,528,810 3,547,427

11. Contractual Commitments 2018 2017 $ $ Contractual commitments at end of financial year but not recognised in the financial statements are as follows:

Evans Landing Boat Ramp Fixed Walkway 42,545 - Sewer Pipe Relining - 529,000 Cycle Network Local Government Grant 305,000 - Rocky Point Fireflow Upgrade - 740,500

12. Events after the Reporting Period There were no material events after the balance date.

44 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements (Notes to the Financial Statements For the Year Ended 30 June 2018) Committee Members’ Declaration

The committee members have determined that the authority is not a reporting entity. The committee members have determined that this special purpose financial report should be prepared in accordance with the accounting policies described in Note 2 to the financial statements. The committee members of the authority declare that: 1. The financial statements, comprising the statement of profit or loss and other comprehensive income, statement of financial position, statement of cash flows, statement of changes in equity, and accompanying notes, give a true and fair view of the financial position as at 30 June 2018 and of its performance for the financial year ended on that date in accordance with the accounting policies described Note 2 to the financial statements; and 2. In the committee members’ opinion there are reasonable grounds to believe that the authority will be able to pay its debts as and when they become due and payable. This declaration is made in accordance with a resolution of the Committee and is signed for and on behalf of the committee members by:

Director ______Director______Superintendent Chairperson

Dated this 1st day of March 2019

WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 45 2017-18 Audited Financial Statements

Tel: +61 7 4046 0000 Level 1, 15 Lake St Fax: +61 7 4051 3484 Cairns QLD 4870 www.bdo.com.au PO Box 6771 Cairns QLD 4870 AUSTRALIA

DECLARATION OF INDEPENDENCE BY MARGARET DEWHURST TO THE MEMBERS OF WEIPA TOWN AUTHORITY

As lead auditor of Weipa Town Authority for the year ended 30 June 2018, I declare that, to the best of my knowledge and belief, there have been no contraventions of any applicable code of professional conduct in relation to the audit.

Margaret Dewhurst

Director

BDO Audit (NTH QLD) Pty Ltd Cairns, 4 March 2019

BDO Audit (NTH QLD) Pty Ltd ABN 55 121 461 041 is a member of a national association of independent entities which are all members of BDO Australia Ltd ABN 77 050 110 275, an Australian company limited by guarantee. BDO Audit (NTH QLD) Pty Ltd and BDO Australia Ltd are members of BDO International Ltd, a UK company limited by guarantee, and form part of the international BDO network of independent member firms. Liability limited by a scheme approved under Professional Standards Legislation other than for the acts or omissions of financial services licensees. WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 46 15 2017-18 Audited Financial Statements

Tel: +61 7 4046 0000 Level 1, 15 Lake St Fax: +61 7 4051 3484 Cairns QLD 4870 www.bdo.com.au PO Box 6771 Cairns QLD 4870 AUSTRALIA

INDEPENDENT AUDITOR’S REPORT

To the members of Weipa Town Authority

Report on the Audit of the Financial Report

Opinion We have audited the financial report of Weipa Town Authority (the Entity), which comprises the statement of financial position as at 30 June 2018, the statement of profit or loss and other comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial report, including a summary of significant accounting policies, and members’ declaration.

In our opinion the accompanying financial report presents fairly, in all material respects, the financial position of the Entity as at 30 June 2018 and of its financial performance and its cash flows for the year then ended in accordance with the basis of accounting described in note 2.

Basis for opinion

We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the Financial Report section of our report. We are independent of the Entity in accordance with ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Emphasis of matter – Basis of accounting We draw attention to Note 2 to the financial report, which describes the basis of accounting. The financial report has been prepared to assist the Entity to meet the requirements of the members. As a result, the financial report may not be suitable for another purpose. Our opinion is not modified in respect of this matter.

Responsibilities of management and those charged with governance for the Financial Report Management is responsible for the preparation and fair presentation of the financial report, and have determined that the basis of preparation described in Note 2 is appropriate to meet the requirements of the members and for such internal control as management determines is necessary to enable the preparation and fair presentation of a financial report that is free from material misstatement, whether due to fraud or error.

Tel: +61 7 4046 0000 Level 1, 15 Lake St Fax: +61 7 4051 3484 Cairns QLD 4870 www.bdo.com.au PO Box 6771 Cairns QLD 4870 AUSTRALIA

In preparing the financial report, management is responsible for assessing the Entity’s ability to continue as a going concern, disclosing, as applicable, matters relating to going concern and using the going concern basis of accounting unless management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so.

Those charged with governance are responsible for overseeing the Entity’s financial reporting process.

Auditor’s responsibilities for the audit of the Financial Report

Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report.

A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website (http://www.auasb.gov.au/Home.aspx) at:

http://www.auasb.gov.au/auditors_responsibilities/ar4.pdf

This description forms part of our auditor’s report.

BDO Audit (NTH QLD) Pty Ltd

Margaret Dewhurst

Director

Cairns, 4 March 2019

BDO Audit (NTH QLD) Pty Ltd ABN 55 121 461 041 is a member of a national association of independent entities which are all members of BDO Australia Ltd ABN 77 050 110 275, an Australian company limited by guarantee. BDO Audit (NTH QLD) Pty Ltd and BDO Australia Ltd are members of BDO International Ltd, a UK company limited by guarantee, and form part of the international BDO network of independent member firms. Liability limited by a scheme approved under Professional Standards Legislation other than for the acts or omissions of financial services licensees. 48 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 2017-18 Audited Financial Statements 17 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18 49 2017-18 Audited Financial Statements 50 WEIPA TOWN AUTHORITY • ANNUAL REPORT 2017-18

Weipa Town Authority

1 Hibberd Drive, Rocky Point, Weipa QLD 4874

PO Box 420, Weipa QLD 4874

P: (07) 4030 9400

E: [email protected]

W: www.weipatownauthority.com.au 4591