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Winnie Madikizela-Mandela Local Municipality (EC443)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates22 85321 71321 15021 16320 145
Service charges59 04853 84158 35742 13940 257
Investment revenue39 70834 77721 92010 7847 604
Transfers recognised - operational368 646352 621342 754295 672337 728
Other own revenue44 95944 04036 95620 74916 448
Total Revenue (excluding capital transfers and contributions)535 214506 992481 138390 507422 182
Employee costs134 248127 726114 833108 100106 532
Remuneration of councillors27 79527 15926 57725 01023 964
Depreciation and amortisation59 10555 22742 49352 67440 031
Finance charges18341-261
Inventory consumed and bulk purchases59 68449 22847 63745 68439 820
Transfers and subsidies4 9842 8052 5931 2514 499
Other expenditure183 536168 883132 096174 397127 584
Total Expenditure469 536431 069366 230407 143342 431
Surplus/(Deficit)65 67875 923114 908(16 636)79 751
Transfers and subsidies - capital (monetary allocations)67 74668 48277 43680 16277 425
Transfers and subsidies - capital (in-kind)--47979-
Surplus/(Deficit) after capital transfers & contributions133 424144 405192 82363 605157 176
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year133 424144 405192 82363 605157 176
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure107 809121 063134 790168 290139 495
Transfers recognised - capital58 98954 62973 31764 05965 642
Borrowing-----
Internally generated funds48 82066 43461 474101 24173 853
Total sources of capital funds107 809121 063134 790165 301139 495
FINANCIAL POSITION
Total current assets657 223571 379489 633401 028387 772
Total non current assets979 692930 561866 282809 673737 528
Total current liabilities116 675116 194120 578102 12191 182
Total non current liabilities13 02111 95010 63222 4845 246
Community wealth/Equity1 507 2191 391 0201 223 0081 083 9631 029 140
CASH FLOWS
Net cash from (used) operating224 329255 874224 463173 089335 057
Net cash from (used) investing(117 928)(121 866)(124 887)(138 669)(123 288)
Net cash from (used) financing-----
Cash/cash equivalents at the year end567 190494 023376 685292 581134 151
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure69 099167 5161 842161 590
Fruitless & wasteful expenditure2 180515 0533551
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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