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Kimbriki Environmental Enterprises Pty Ltd (KEE) is a 51% owned subsidiary company with the minority interests of 49% being owned by Manly, Mosman and Pittwater Councils. The above analysis shows the Income Statement for Warringah Council excluding KEE.
In presenting this analysis we have included the rent payable by KEE to Council and the tipping fees payable by Council to KEE which are eliminated on consolidation.