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Winnie Madikizela-Mandela Local Municipality (EC443)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aClean auditClean auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates21 16021 16320 14516 28418 967
Service charges56 32542 13940 25738 37435 685
Investment revenue21 92010 7847 6049 6608 772
Transfers recognised - operational342 754295 672337 728268 843235 075
Other own revenue22 10819 28416 44823 49931 397
Total Revenue (excluding capital transfers and contributions)464 268389 042422 182356 660329 895
Employee costs114 174107 129106 532104 852102 675
Remuneration of councillors26 32124 78223 96423 97023 244
Depreciation and amortisation41 76252 65340 03139 43741 890
Finance charges--11166
Inventory consumed and bulk purchases47 63745 68439 82041 41735 276
Transfers and subsidies2 5931 2514 4991 418702
Other expenditure155 315176 312127 584158 537118 240
Total Expenditure387 802407 811342 431369 642322 093
Surplus/(Deficit)76 466(18 769)79 751(12 982)7 802
Transfers and subsidies - capital (monetary allocations)93 83680 16277 42579 42385 899
Transfers and subsidies - capital (in-kind)47979---
Surplus/(Deficit) after capital transfers & contributions170 78261 472157 17666 44193 702
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year170 78261 472157 17666 44193 702
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure149 223165 301139 49586 12750 118
Transfers recognised - capital87 14964 05965 64260 55832 443
Borrowing-----
Internally generated funds61 474101 24173 85317 791-
Total sources of capital funds148 623165 301139 49578 34932 443
FINANCIAL POSITION
Total current assets487 980401 936387 772273 711216 657
Total non current assets881 715806 463737 528680 111675 090
Total current liabilities101 33395 57191 18276 81263 420
Total non current liabilities11 48522 4845 2465 4953 920
Community wealth/Equity1 236 5091 090 3441 029 140805 075730 705
CASH FLOWS
Net cash from (used) operating224 463173 089335 057524 848432 459
Net cash from (used) investing(124 887)(138 669)(123 288)(58 445)(97 761)
Net cash from (used) financing----12
Cash/cash equivalents at the year end376 685292 581134 151430 555322 198
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a161 5905 72322 178
Fruitless & wasteful expendituren/a35519766
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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