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Mafube Local Municipality (FS205)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates23 24820 57936 76620 96119 303
Service charges80 52871 53673 33771 47478 695
Investment revenue2225403 421571973
Transfers recognised - operational111 503111 939127 562104 20295 895
Other own revenue65 19631 90235 71042 66129 559
Total Revenue (excluding capital transfers and contributions)280 696236 496276 795239 869224 424
Employee costs101 225109 203103 08697 13092 171
Remuneration of councillors6 2926 2476 2966 0865 905
Depreciation and amortisation-46 56253 62040 72648 599
Finance charges23554 56651 54152 20645 495
Inventory consumed and bulk purchases8 55560 12250 74344 69429 646
Transfers and subsidies9659997512200
Other expenditure31 339170 290131 496162 406135 646
Total Expenditure147 656447 650397 779403 760357 661
Surplus/(Deficit)133 040(211 153)(120 984)(163 891)(133 237)
Transfers and subsidies - capital (monetary allocations)60 98332 76142 88166 38537 352
Transfers and subsidies - capital (in-kind)-8 40917 3693 8390
Surplus/(Deficit) after capital transfers & contributions194 023(169 983)(60 735)(93 667)(95 885)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year194 023(169 983)(60 735)(93 667)(95 885)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure28 95121 290(2 179)17 31210 521
Transfers recognised - capital28 81618 147(6 198)17 13610 440
Borrowing-----
Internally generated funds1353 1434 01917680
Total sources of capital funds28 95121 290(2 179)17 31210 521
FINANCIAL POSITION
Total current assets197 48240 85591 615144 263253 685
Total non current assets1 244 9051 215 9541 085 164879 325920 355
Total current liabilities918 821927 267766 518771 793835 249
Total non current liabilities67 35467 35440 79331 93222 673
Community wealth/Equity440 784557 062495 407219 863588 550
CASH FLOWS
Net cash from (used) operating51 737131 08732 491--
Net cash from (used) investing(17 734)(21 564)1 902564(287)
Net cash from (used) financing126---28
Cash/cash equivalents at the year end(116 065)(36 875)34 463(140)2 733
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 754 751401 843164 524177 880
Irregular expendituren/a73 16482 158199 74577 623
Fruitless & wasteful expendituren/a211 12751 54054 05652 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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