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Great Kei Local Municipality (EC123)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates36 61533 68225 20222 09024 103
Service charges14 24418 02320 33911 24718 719
Investment revenue1 959694458456281
Transfers recognised - operational56 74353 82365 36948 18149 155
Other own revenue9 62611 86310 8947 5889 971
Total Revenue (excluding capital transfers and contributions)119 186118 085122 26389 563102 229
Employee costs45 21945 05448 53945 25952 967
Remuneration of councillors4 9654 6804 5544 5873 879
Depreciation & asset impairment14 70313 07811 65321 71021 287
Finance charges1 2531 4341 9081 904996
Materials and bulk purchases11 84312 47011 07311 0175 874
Transfers and grants156----
Other expenditure32 76445 29752 48737 18421 855
Total Expenditure110 903122 012130 213121 660106 858
Surplus/(Deficit)8 283(3 927)(7 950)(32 098)(4 629)
Transfers recognised - capital31 81423 25015 9798 75711 911
Contributions recognised - capital & contributed assets3 0247 903416436-
Surplus/(Deficit) after capital transfers & contributions43 12127 2268 445(22 905)7 282
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year43 12127 2268 445(22 905)7 282
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure36 97122 63621 1436 5614 149
Transfers recognised - capital26 12121 53716 1055 6764 042
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds10 8301 100(162)449-
Total sources of capital funds36 95122 63615 9436 1254 042
FINANCIAL POSITION
Total current assets55 68232 82123 28022 51334 075
Total non current assets351 235329 166321 620321 368350 867
Total current liabilities54 62455 29761 10673 09271 837
Total non current liabilities31 49029 00733 29128 72725 211
Community wealth/Equity277 683250 457242 057264 967280 252
CASH FLOWS
Net cash from (used) operating66 00848 66644 69781 17267 797
Net cash from (used) investing(10 807)(861)(3 481)(8 429)(34 649)
Net cash from (used) financing----(1 101)
Cash/cash equivalents at the year end71 81153 24947 32674 07532 613
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a58 99431 7199 398-
Irregular expendituren/a6884 19167177
Fruitless & wasteful expendituren/a2 8821 0791 1181 763
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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