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Sakhisizwe Local Municipality (EC138)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditAdverse auditQualified audit
FINANCIAL PERFORMANCE
Property rates7 3066 9645 4945 9225 389
Service charges21 96418 95613 24013 0799 745
Investment revenue1 921811381462487
Transfers recognised - operational83 57278 98089 30672 20665 179
Other own revenue9 57810 65614 8257 1138 513
Total Revenue (excluding capital transfers and contributions)124 341116 367123 24698 78189 313
Employee costs45 19142 64440 07834 12037 922
Remuneration of councillors7 8067 0477 0996 9845 678
Depreciation & asset impairment10 02010 5868 81145 47518 968
Finance charges2 5452 129119551504
Materials and bulk purchases17 93817 42814 17212 96012 637
Transfers and grants5 5912 066---
Other expenditure47 71041 43140 36931 67439 302
Total Expenditure136 802123 331110 647131 764115 011
Surplus/(Deficit)(12 461)(6 965)12 598(32 983)(25 698)
Transfers recognised - capital31 94731 68524 51723 51117 372
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions19 48524 72137 115(9 472)(8 326)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year19 48524 72137 115(9 472)(8 326)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure16 91538 34227 38316 34417 007
Transfers recognised - capital19 13238 91924 96916 26016 895
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds(2 217)(577)2 41484-
Total sources of capital funds16 91538 34227 38316 34416 895
FINANCIAL POSITION
Total current assets70 85556 33255 45526 82330 537
Total non current assets262 135254 202232 657217 363237 865
Total current liabilities55 48749 08460 17342 02238 584
Total non current liabilities976(3 034)(5 827)52122 188
Community wealth/Equity257 042239 763196 650211 115199 305
CASH FLOWS
Net cash from (used) operating860 049159 363147 781124 39783 256
Net cash from (used) investing(3 068)(17 425)(11 472)(4 217)32 290
Net cash from (used) financing----4
Cash/cash equivalents at the year end867 120161 021139 938133 161115 550
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a76 912-6 80910 251
Irregular expendituren/a10 14213 7574 5862 270
Fruitless & wasteful expendituren/a3 4143013591 536
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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