ADVERTISEMENT

Mhlontlo Local Municipality (EC156)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates43 02835 59633 87667 15431 092
Service charges4 0862142 4414 4731 811
Investment revenue8 9651 22010 12615 4013 573
Transfers recognised - operational252 38495 829203 613432 578235 521
Other own revenue7 3762755 7587 5974 612
Total Revenue (excluding capital transfers and contributions)315 839133 135255 813527 203276 609
Employee costs121 8989 486104 363211 45591 377
Remuneration of councillors24 0713 44120 88540 87017 969
Depreciation and amortisation29 004-68 097107 22153 153
Finance charges---1 346551
Inventory consumed and bulk purchases8 3224868 76017 1907 384
Transfers and subsidies2 7405383581609
Other expenditure146 44512 841143 155329 19580 143
Total Expenditure332 47926 259345 643707 859251 185
Surplus/(Deficit)(16 640)106 876(89 830)(180 656)25 423
Transfers and subsidies - capital (monetary allocations)115 2741 45077 261142 82354 371
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions98 633108 326(12 569)(37 832)79 794
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year98 633108 326(12 569)(37 832)79 794
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure118 8692 15380 2832861 066
Transfers recognised - capital111 3841 35468 45950 96949 820
Borrowing-----
Internally generated funds13 89479811 824-11 054
Total sources of capital funds125 2782 15380 28350 96960 873
FINANCIAL POSITION
Total current assets125 193274 170166 179148 198186 493
Total non current assets623 650497 750511 180513 461524 435
Total current liabilities67 17177 95963 96854 10527 287
Total non current liabilities-----
Community wealth/Equity583 038585 635625 960645 387603 847
CASH FLOWS
Net cash from (used) operating22 81780 957(18 517)(57 251)26 533
Net cash from (used) investing(174 251)(1 153)(64 417)(67 604)-
Net cash from (used) financing-----
Cash/cash equivalents at the year end(39 202)204 78687 54845 627126 268
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-1 92510 55468 267-
Irregular expenditure10 59213 3291464 8155 914
Fruitless & wasteful expenditure-18 876181 158119
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.
ADVERTISEMENT
ADVERTISEMENT