Metsimaholo Local Municipality (FS204)

Financial Results

All values: R'0002018/192017/182016/172015/162014/15
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates143 648134 499128 980114 445111 299
Service charges698 482639 186524 106513 136486 640
Investment revenue3 7843 7782 1082 7022 167
Transfers recognised - operational168 246150 217131 170122 911112 283
Other own revenue54 65966 05898 99485 57456 268
Total Revenue (excluding capital transfers and contributions)1 068 819993 738885 359838 768768 657
Employee costs288 618262 460244 980231 548174 728
Remuneration of councillors17 5549 99715 75715 24714 410
Depreciation & asset impairment72 11855 12939 33642 93039 608
Finance charges8 0634 0243 1759914 602
Materials and bulk purchases414 318352 377342 991338 288304 167
Transfers and grants2979---
Other expenditure365 272288 286255 833253 668271 514
Total Expenditure1 166 241972 282902 073882 673809 028
Surplus/(Deficit)(97 422)21 455(16 715)(43 905)(40 371)
Transfers recognised - capital60 980109 88578 47279 983198 486
Contributions recognised - capital & contributed assets65 141----
Surplus/(Deficit) after capital transfers & contributions28 698131 34161 75736 078158 115
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year28 698131 34161 75736 078158 115
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure117 339102 54085 97499 267188 268
Transfers recognised - capital113 15681 94762 85177 637184 086
Public contributions & donationsn/a15 883---
Borrowing-9001 5714 485-
Internally generated funds4 1833 80921 55117 1464 182
Total sources of capital funds117 339102 54085 97499 267188 268
FINANCIAL POSITION
Total current assets838 444326 674250 853246 022229 135
Total non current assets1 688 3901 328 4341 288 5431 234 7261 164 976
Total current liabilities984 576258 940261 310248 495207 983
Total non current liabilities3 82882 96785 218101 14492 205
Community wealth/Equity1 606 7411 313 2001 192 8671 131 1101 093 924
CASH FLOWS
Net cash from (used) operating(860 530)98 38379 95677 26644 755
Net cash from (used) investing-(86 656)(84 375)(96 349)(43 619)
Net cash from (used) financing17 584(3 312)1 8688 067(1 070)
Cash/cash equivalents at the year end(818 642)21 04312 62815 17926 195
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure77 564--19 36877 889
Irregular expenditure97 48913 38620 00125 70355 455
Fruitless & wasteful expenditure22 3732 2559001593 929
SOURCEAudited Outcome - C1 2020 Q3Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017

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