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Great Kei Local Municipality (EC123)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates35 18027 53236 61533 68225 202
Service charges18 22413 28014 24418 02320 339
Investment revenue6 5254 3921 959694458
Transfers recognised - operational60 48457 69756 74353 82365 369
Other own revenue7 87415 7349 36411 86310 894
Total Revenue (excluding capital transfers and contributions)128 287118 635118 924118 085122 263
Employee costs55 33749 31345 21945 05448 539
Remuneration of councillors5 9235 4934 9654 6804 554
Depreciation and amortisation18 96616 35315 28413 07811 653
Finance charges1 3291 9771 4441 4341 908
Inventory consumed and bulk purchases14 78913 14611 84312 47011 073
Transfers and subsidies-149156--
Other expenditure29 41127 83233 12245 29152 487
Total Expenditure125 755114 263112 033122 006130 213
Surplus/(Deficit)2 5314 3726 891(3 921)(7 950)
Transfers and subsidies - capital (monetary allocations)39 76626 98331 81423 25015 979
Transfers and subsidies - capital (in-kind)3 50014 8063 0247 903416
Surplus/(Deficit) after capital transfers & contributions45 79846 16141 72927 2328 445
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year45 79846 16141 72927 2328 445
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure44 86838 63336 97122 63621 143
Transfers recognised - capital34 51526 22225 77115 22816 105
Borrowing-----
Internally generated funds10 35312 41010 8301 100(162)
Total sources of capital funds44 86838 63336 60116 32715 943
FINANCIAL POSITION
Total current assets107 72389 75052 44632 82023 280
Total non current assets400 688370 693351 829329 166321 620
Total current liabilities76 87879 21264 56655 29061 106
Total non current liabilities32 51927 82432 46329 00733 291
Community wealth/Equity353 216307 247265 518250 457242 057
CASH FLOWS
Net cash from (used) operating(94 585)256 22866 010332 05844 697
Net cash from (used) investing-(1 322)(10 906)(861)(3 481)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(23 937)289 64071 714336 64147 326
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---58 99431 719
Irregular expenditure936--6884 191
Fruitless & wasteful expenditure-6 0182392 8821 079
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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