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Mhlontlo Local Municipality (EC156)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditQualified auditFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates35 00733 87667 15431 09280 343
Service charges2 5702 4414 4731 8113 711
Investment revenue11 06410 12615 4013 5739 966
Transfers recognised - operational234 384226 013432 578235 521510 292
Other own revenue5 4525 8847 5974 6125 898
Total Revenue (excluding capital transfers and contributions)288 477278 340527 203276 609610 209
Employee costs108 013117 869211 45591 377196 140
Remuneration of councillors22 57320 75040 87017 96940 638
Depreciation and amortisation22 42549 482107 22153 153108 631
Finance charges-7951 3465511 099
Inventory consumed and bulk purchases10 7028 05817 1907 3849 952
Transfers and subsidies1 1943835816091 490
Other expenditure170 160176 561329 19580 143161 301
Total Expenditure335 066373 898707 859251 185519 252
Surplus/(Deficit)(46 590)(95 558)(180 656)25 42390 957
Transfers and subsidies - capital (monetary allocations)75 46677 261142 82354 371125 618
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions28 876(18 297)(37 832)79 794216 574
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year28 876(18 297)(37 832)79 794216 574
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure74 17002861 06665 456
Transfers recognised - capital69 27950 96950 96949 8205 496
Borrowing-----
Internally generated funds4 6920-11 054(20 331)
Total sources of capital funds73 97150 96950 96960 873(14 836)
FINANCIAL POSITION
Total current assets150 528148 198148 198186 493285 111
Total non current assets565 317513 434513 461524 435533 368
Total current liabilities79 30454 10554 10527 28756 225
Total non current liabilities-----
Community wealth/Equity607 665625 824645 387603 847545 680
CASH FLOWS
Net cash from (used) operating45 451(47 676)(57 251)26 533259 113
Net cash from (used) investing(68 310)(64 417)(67 604)-(566)
Net cash from (used) financing-----
Cash/cash equivalents at the year end102 12358 38945 627126 268427 766
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure1 92510 55468 267-23 985
Irregular expenditure13 3291464 8155 91418 113
Fruitless & wasteful expenditure18 876181 158119632
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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