Quarterly Overview of Local Government in Malta

 
Financial Situation Indicator 
Q4 as at December 2017​
FINAN​​CIAL SITUATION INDICATOR (FSI)​
41%
 

​​​​Statement of Comprehensive Income

DESCRIPTION

​DEC 2017

​€​

Income

Funds received from Central Government

39,517,537

Income raised from Bye-Laws

2,001,455

Income raised from LES

​632,854​

Investment Income

12,218

Other Income

1,695,015

TOTAL

 43,859,079

 

Expenditure

 

 

Personal Emoluments

7,487,945​

Operations and Maintenance

 20,593,410

Administration

 3,745,189

Finance Cost

 92,950

Other Expenditure

 6,739,010

TOTAL

 38,658,504

 

Surplus / Deficit

 5,200,575

 

 

 

 

Statement of Financial Position

 

 

DESCRIPTION

DEC 2017

Non-current Assets

 

Property, Plant and Equipment

76,870,101

 

Current Assets

 

Inventories

 110,429

Receivables

 5,284,948

Cash and Cash Equivalents

 25,277,195

 

Total Current Assets

30,672,572

 

Current Liabilities

 

Payables

15,384,213

Current portion of Long-Term Borrowings

 1,035,236

 

Total Current Liabilities

 16,419,449

 

Net Current Assets

 14,253,123

 

Non-current liabilities

 29,300,443

 

Net Assets

 61,822,781

 

Reserves

 

Retained Funds

 61,822,781

 

Financial Situation Indicator​

DESCRIPTION

Current Assets

 30,672,572

Current Liabilities

 16,419,449

​Working Capital

14,253,123

Government Allocation

35,037,682

FSI

 41%

​​​​​​
​​​