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Matatiele Local Municipality (EC441)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates56 36050 84948 71648 72646 575
Service charges89 70779 14670 82868 14668 589
Investment revenue15 31624 86119 1469 5998 835
Transfers recognised - operational330 510316 426293 763267 351306 535
Other own revenue61 57264 21125 81224 24822 151
Total Revenue (excluding capital transfers and contributions)553 465535 492458 264418 070452 685
Employee costs162 964164 213146 840128 507119 453
Remuneration of councillors24 24422 36022 87221 44419 979
Depreciation and amortisation63 81685 32364 71256 09483 800
Finance charges3 8293 5441343514
Inventory consumed and bulk purchases92 69979 68364 08864 23653 954
Transfers and subsidies-----
Other expenditure214 199243 302231 745245 877159 738
Total Expenditure561 751598 424530 391516 193436 938
Surplus/(Deficit)(8 285)(62 931)(72 127)(98 124)15 748
Transfers and subsidies - capital (monetary allocations)82 54168 464108 353165 53292 926
Transfers and subsidies - capital (in-kind)-5 349---
Surplus/(Deficit) after capital transfers & contributions74 25610 88136 22567 408108 674
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year74 25610 88136 22567 408108 674
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure132 721129 956139 154189 960151 160
Transfers recognised - capital70 27460 49391 020141 84578 907
Borrowing-----
Internally generated funds62 44669 46348 13447 70972 253
Total sources of capital funds132 721129 956139 154189 554151 160
FINANCIAL POSITION
Total current assets415 875392 755459 528420 246380 779
Total non current assets1 101 6681 034 0901 124 0901 139 4901 127 984
Total current liabilities176 837164 004160 795150 317126 310
Total non current liabilities43 93340 32544 88043 42937 728
Community wealth/Equity1 296 7731 222 5171 370 6121 368 7871 344 824
CASH FLOWS
Net cash from (used) operating438 045391 510353 025340 914491 270
Net cash from (used) investing(130 245)(167 906)(143 199)(188 241)(161 457)
Net cash from (used) financing----36
Cash/cash equivalents at the year end565 945478 391446 558377 095212 463
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-85-93 38169 601
Irregular expenditure-21820010 27915 128
Fruitless & wasteful expenditure5219134949902
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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