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Matatiele Local Municipality (EC441)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates50 84948 71648 72646 57544 904
Service charges76 02970 82868 14668 58958 434
Investment revenue24 86119 1469 5998 83512 973
Transfers recognised - operational316 426293 763267 351306 535244 441
Other own revenue68 78225 81224 24822 15119 764
Total Revenue (excluding capital transfers and contributions)536 947458 264418 070452 685380 515
Employee costs166 279146 840128 507119 453114 310
Remuneration of councillors22 36022 87221 44419 97920 447
Depreciation and amortisation87 66064 71256 09483 80047 839
Finance charges1 52913435143
Inventory consumed and bulk purchases79 68864 08864 23653 95447 154
Transfers and subsidies-----
Other expenditure242 504231 745245 877159 738133 139
Total Expenditure600 020530 391516 193436 938362 892
Surplus/(Deficit)(63 074)(72 127)(98 124)15 74817 624
Transfers and subsidies - capital (monetary allocations)68 464108 353165 53292 926124 782
Transfers and subsidies - capital (in-kind)6 576----
Surplus/(Deficit) after capital transfers & contributions11 96636 22567 408108 674142 405
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year11 96636 22567 408108 674142 405
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure130 191139 154189 960151 160188 179
Transfers recognised - capital60 49391 020141 84578 90794 733
Borrowing-----
Internally generated funds69 69848 13447 70972 25344 752
Total sources of capital funds130 191139 154189 554151 160139 485
FINANCIAL POSITION
Total current assets462 204459 528420 246380 779307 193
Total non current assets1 049 3121 124 0901 139 4901 127 9841 093 997
Total current liabilities192 831160 795150 317126 310111 033
Total non current liabilities40 32544 88043 42937 72828 276
Community wealth/Equity1 398 3841 370 6121 368 7871 344 8241 119 476
CASH FLOWS
Net cash from (used) operating386 162353 025340 914491 270645 889
Net cash from (used) investing(167 906)(143 199)(188 241)(161 457)(165 780)
Net cash from (used) financing---36-
Cash/cash equivalents at the year end473 043446 558377 095212 463474 063
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure85-93 38169 60138 452
Irregular expenditure21820010 27915 1281 523
Fruitless & wasteful expenditure2191349499023
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.
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