Public notice – Presentation of financial statements
as per Section 418 (3) of the Local Government Act.
In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Strathfield Municipal Council advises that the ordinary Council meeting to be held on 25 November 2025 will include the presentation of the audited Financial Statements and the Auditor’s Reports for the year ending 30/06/2025.
A summary of the Financial Statements is provided below.
| 2025 $ '000 | 2024 $ '000 | |
| Income Statement | ||
| Total income from continuing operations | 73,908 | 73,999 |
| Total expenses from continuing operations excluding depreciation, amortisation and impairment of non-financial assets | 58,964 | 48,610 |
| Operating result from continuing operations excluding depreciation, amortisation and impairment of non-financial assets | 14,944 | 25,389 |
| Depreciation, amortisation and impairment of non-financial assets | 10,906 | 9,971 |
| Net operating result for the year | 4,038 | 15,418 |
| Net operating result before grants and contributions provided for capital purposes | (10,473) | (7,525) |
| Statement of Financial Position | ||
| Total current assets | 81,165 | 52,388 |
| Total current liabilities | (37,788) | (27,306) |
| Total non-current assets | 540,109 | 521,758 |
| Total non-current liabilities | (13,476) | (7,063) |
| Total equity | 570,010 | 539,777 |
| Other financial information | ||
| Unrestricted current ratio (times) | 2.15 | 5.02 |
| Operating performance ratio (%) | (12.69)% | (11.57)% |
| Debt service cover ratio (times) | 3.32 | – |
| Rates and annual charges outstanding ratio (%) | 6.61% | 6.28% |
| Infrastructure renewals ratio (%) | 83.91% | 110.15% |
| Own source operating revenue ratio (%) | 76.09% | 65.14% |
| Cash expense cover ratio (months) | 19.40 | 17.30 |
In accordance with Section 420 of the Local Government Act 2093 (NSW), any person may make a submission in writing to Council with respect to the Council’s Audited Financial Statements or the Auditor’s Reports.
Copies of the Audited Financial Statements and the Auditor’s Reports may be inspected at:
Internet: www.strathfield.nsw.gov.au
Location: 65 Homebush Road, Strathfield NSW 2135
Submissions for feedback close Tuesday 2 December 2025.
