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Great Kei Local Municipality (EC123)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates27 53236 61533 68225 20222 090
Service charges13 28014 24418 02320 33911 247
Investment revenue4 3921 959694458456
Transfers recognised - operational57 69756 74353 82365 36948 181
Other own revenue15 7349 36411 86310 8947 588
Total Revenue (excluding capital transfers and contributions)118 635118 924118 085122 26389 563
Employee costs49 31345 21945 05448 53945 259
Remuneration of councillors5 4934 9654 6804 5544 587
Depreciation and amortisation30 05914 70313 07811 65321 710
Finance charges1 9771 2531 4341 9081 904
Inventory consumed and bulk purchases13 14611 84312 47011 07311 017
Transfers and subsidies149156---
Other expenditure28 54432 76445 29152 48737 184
Total Expenditure128 681110 903122 006130 213121 660
Surplus/(Deficit)(10 045)8 021(3 921)(7 950)(32 098)
Transfers and subsidies - capital (monetary allocations)26 98331 81423 25015 9798 757
Transfers and subsidies - capital (in-kind)14 8063 0247 903416436
Surplus/(Deficit) after capital transfers & contributions31 74342 85927 2328 445(22 905)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year31 74342 85927 2328 445(22 905)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure38 63336 97122 63621 1436 561
Transfers recognised - capital26 22225 77115 22816 1055 676
Borrowing-----
Internally generated funds12 41010 8301 100(162)449
Total sources of capital funds38 63336 60116 32715 9436 125
FINANCIAL POSITION
Total current assets89 75055 68032 82023 28022 513
Total non current assets356 988351 235329 166321 620321 368
Total current liabilities79 92454 88455 29061 10673 092
Total non current liabilities27 82431 49029 00733 29128 727
Community wealth/Equity307 247277 683250 457242 057264 967
CASH FLOWS
Net cash from (used) operating(173 280)66 008332 05844 69781 172
Net cash from (used) investing(1 808)(10 807)(861)(3 481)(8 429)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(140 353)71 811336 64147 32674 075
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-58 99431 7199 398
Irregular expendituren/a-6884 191671
Fruitless & wasteful expendituren/a2392 8821 0791 118
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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