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Metsimaholo Local Municipality (FS204)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates211 327211 196214 081199 277143 648
Service charges875 649880 216797 422767 533698 482
Investment revenue13 6515 1603 0454 4913 784
Transfers recognised - operational251 194236 230245 218213 846168 246
Other own revenue128 74897 47959 28361 31054 659
Total Revenue (excluding capital transfers and contributions)1 480 5691 430 2811 319 0491 246 4571 068 819
Employee costs343 020335 632331 982307 824288 618
Remuneration of councillors19 94719 38419 38019 38017 554
Depreciation and amortisation99 00572 789124 13946 36872 118
Finance charges8 2949 3547599 3868 063
Inventory consumed and bulk purchases577 809552 065526 906495 854414 318
Transfers and subsidies25733498176297
Other expenditure533 927484 432251 587361 108365 272
Total Expenditure1 582 2601 473 9901 254 8501 240 0951 166 241
Surplus/(Deficit)(101 690)(43 709)64 1996 361(97 422)
Transfers and subsidies - capital (monetary allocations)104 85877 71249 11035 65860 980
Transfers and subsidies - capital (in-kind)43 04397 5931 7656 62665 141
Surplus/(Deficit) after capital transfers & contributions46 211131 596115 07448 64628 698
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year46 211131 596115 07448 64628 698
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure138 974157 89447 21853 147117 339
Transfers recognised - capital136 353154 45145 15942 605113 156
Borrowing-----
Internally generated funds2 6223 4432 05910 5424 183
Total sources of capital funds138 974157 89447 21853 147117 339
FINANCIAL POSITION
Total current assets1 321 2431 483 0091 318 2951 053 232838 443
Total non current assets1 640 2481 566 7301 409 1971 679 7221 688 390
Total current liabilities1 161 0011 288 0391 158 5751 051 070984 575
Total non current liabilities143 462140 603146 287142 2453 828
Community wealth/Equity1 852 0911 621 0961 416 5801 542 2801 606 741
CASH FLOWS
Net cash from (used) operating53 280(63 229)(337 814)--
Net cash from (used) investing(137 164)(159 704)(47 218)(45)-
Net cash from (used) financing(38)(493)--1 597
Cash/cash equivalents at the year end33 557(172 451)(337 631)17 47225 901
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-141 41516 373-77 564
Irregular expenditure107 317168 51170 72457 45297 489
Fruitless & wasteful expenditure5 18940 0343 5957 19722 373
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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