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Sakhisizwe Local Municipality (EC138)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates9 4917 6187 3066 9645 494
Service charges29 27426 67918 30521 68213 240
Investment revenue5 3723 5471 921811381
Transfers recognised - operational94 31187 99683 57278 98089 306
Other own revenue23 45623 14410 3906 15614 825
Total Revenue (excluding capital transfers and contributions)161 904148 984121 494114 593123 246
Employee costs49 15649 37745 61642 64440 078
Remuneration of councillors7 9948 1637 8067 0477 099
Depreciation and amortisation26 52525 90513 82610 5818 811
Finance charges4 6685 1504 4712 129119
Inventory consumed and bulk purchases19 37621 00317 93817 42814 172
Transfers and subsidies6 08211 5368 8993 790-
Other expenditure61 90665 29748 94243 54840 369
Total Expenditure175 706186 431147 499127 167110 647
Surplus/(Deficit)(13 802)(37 447)(26 005)(12 574)12 598
Transfers and subsidies - capital (monetary allocations)103 08237 52131 94731 68524 517
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions89 280745 94119 11137 115
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year89 280745 94119 11137 115
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure87 63530 00411 79231 06227 383
Transfers recognised - capital85 45838 98514 67031 63924 969
Borrowing-----
Internally generated funds2 178(8 981)(2 879)(577)2 414
Total sources of capital funds87 63530 00411 79231 06227 383
FINANCIAL POSITION
Total current assets105 006102 76565 41553 03955 455
Total non current assets305 853255 928256 016250 455232 657
Total current liabilities62 95294 37554 72349 77260 173
Total non current liabilities12 2559 7437 067(3 034)(5 827)
Community wealth/Equity246 371254 545253 699237 644196 650
CASH FLOWS
Net cash from (used) operating(85 052)(73 916)(46 366)1 019 302147 781
Net cash from (used) investing--(7 762)18 469(11 472)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(33 134)(55 763)(43 990)1 056 854139 938
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure25 05221 13824 55676 912-
Irregular expenditure77 36513 13317 52510 14213 757
Fruitless & wasteful expenditure3271 0579893 414301
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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