Comprehensive Income and Expenditure Statement

Group Comprehensive Income and Expenditure Statement 2020/21

The Group Comprehensive Income and Expenditure Statement shows the accounting cost in the year of providing services in accordance with generally accepted accounting practices, rather than the amount to be funded from taxation (or rents). Authorities raise taxation (and rents) to cover expenditure in accordance with statutory requirements; this may be different from the accounting cost. The taxation position is shown in both the Expenditure and Funding Analysis and the Movement in Reserves Statement.

1 April 2019 – 31 March 2020 £000 £000 £000

Gross Expenditure Gross Income Net

Gross expenditure, gross income and net expenditure of continuing operations 1 April 2020 – 31 March 2021

35,930 (4,166) 31,764 Corporate Budgets 43,629 (26,801) 16,828 Neighbourhoods 42,609 (65,153) (22,544) Housing 4,021 (2,540) 1,481 Regeneration Programme Delivery 81,451 (19,197) 62,254 Adult Services 212,404 (147,390) 65,014 Children’s Services 10,257 (10,654) (397) Public Health 82,095 (74,444) 7,651 oneSource Non-Shared 24,012 (4,012) 20,000 oneSource Shared

536,408 (354,357) 182,051 Cost of services

12,703 Other operating expenditure 12,348 Financing and investment income and expenditure (216,116) Taxation and non-specific grant income

(9,014) (Surplus)/Deficit on provision of services

8,555 (Surplus)/Deficit on revaluation of property, plant and equipment assets (127,831) Actuarial losses/(gains) on pension assets / liabilities

(119,276) Other comprehensive income and expenditure (128,290) Total comprehensive income and expenditure

* The Comprehensive Income and Expenditure Statement has been restated to show the Housing Directorate separate.

£000 £000 £000

Gross Expenditure Gross Income Net

33,397 (2,410) 30,987 44,302 (22,666) 21,636 25,863 (65,693) (39,830) 10,500 (12,281) (1,781) 97,547 (32,956) 64,591 205,731 (151,409) 54,323 15,588 (19,710) (4,121) 84,844 (70,193) 14,651 24,790 (6,309) 18,481

542,561 (383,626) 158,935

16,191 15,522 (230,819)

(40,171)

(99,572) 119,718 20,146 (20,025)