Financial Statements 2025

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Project Information

In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Cessnock City Council advises that the ordinary Council meeting to be held on Wednesday 19 November 2025 will include the presentation of the audited Financial Statements and the Auditor’s Reports for the year ending 30/06/2025.

Click here to view the Annual Financial Statements 2024-25 in full.


You can also view these documents at the Council Administration building.


How to make a submission

Submissions on the Annual Financial Statements may be lodged up until 5.00pm on Wednesday 26 November 2025.

You can make a submission using the online form located below or by clicking this link.

You can also provide feedback by:

  • Email: council@cessnock.nsw.gov.au;
  • In person: over the counter at Cessnock City Council Administration building: 62-78 Vincent St, Cessnock NSW 2325
  • Mail: PO Box 152, CESSNOCK NSW 2325


Summary of the Financial Statements

Income Statement
20252024
$ '000
$ '000
Total income from continuing operations176,621206, 927
Total expenses from continuing operations112,273
94,996
Operating result from continuing operations64,348
111,931



Net operating result for the year38,14688,944



Net operating result before grants and contributions provided for capital purposes

(33,378)
(15,634)



Statement of Financial Position

Total current assets115,758
101,442
Total current liabilities(68,851)
(45,256)
Total non-current assets1,567,624
1,295,120
Total non-current liabilities(42,338)
(39,358)
Total equity1,572,193
1,311,948



Other financial information

Unrestricted current ratio (times)0.751.61
Operating performance ratio (%)(15.63)%
(5.96)%
Debt service cover ratio (times)8.43
11.82
Rates and annual charges outstanding ratio (%)7.37%
7.28%



Infrastructure renewals ratio (%)202.62%329.31%



Own source operating revenue ratio (%)50.39%40.07%
Cash expense cover ratio (months)10.5610.00


Project Information

In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Cessnock City Council advises that the ordinary Council meeting to be held on Wednesday 19 November 2025 will include the presentation of the audited Financial Statements and the Auditor’s Reports for the year ending 30/06/2025.

Click here to view the Annual Financial Statements 2024-25 in full.


You can also view these documents at the Council Administration building.


How to make a submission

Submissions on the Annual Financial Statements may be lodged up until 5.00pm on Wednesday 26 November 2025.

You can make a submission using the online form located below or by clicking this link.

You can also provide feedback by:

  • Email: council@cessnock.nsw.gov.au;
  • In person: over the counter at Cessnock City Council Administration building: 62-78 Vincent St, Cessnock NSW 2325
  • Mail: PO Box 152, CESSNOCK NSW 2325


Summary of the Financial Statements

Income Statement
20252024
$ '000
$ '000
Total income from continuing operations176,621206, 927
Total expenses from continuing operations112,273
94,996
Operating result from continuing operations64,348
111,931



Net operating result for the year38,14688,944



Net operating result before grants and contributions provided for capital purposes

(33,378)
(15,634)



Statement of Financial Position

Total current assets115,758
101,442
Total current liabilities(68,851)
(45,256)
Total non-current assets1,567,624
1,295,120
Total non-current liabilities(42,338)
(39,358)
Total equity1,572,193
1,311,948



Other financial information

Unrestricted current ratio (times)0.751.61
Operating performance ratio (%)(15.63)%
(5.96)%
Debt service cover ratio (times)8.43
11.82
Rates and annual charges outstanding ratio (%)7.37%
7.28%



Infrastructure renewals ratio (%)202.62%329.31%



Own source operating revenue ratio (%)50.39%40.07%
Cash expense cover ratio (months)10.5610.00


Page last updated: 05 Nov 2025, 10:18 AM