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Moqhaka Local Municipality (FS201)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Qualified auditQualified auditQualified auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates76 83671 51264 09658 95452 375
Service charges514 097461 652420 362394 812380 576
Investment revenue16014121 362
Transfers recognised - operational262 373210 019231 886173 237168 672
Other own revenue42 67556 19950 03658 31954 154
Total Revenue (excluding capital transfers and contributions)895 997799 383766 395685 334657 139
Employee costs312 534287 970268 971249 368227 532
Remuneration of councillors19 72720 17519 67319 25816 775
Depreciation & asset impairment130 159116 901113 860113 085110 791
Finance charges6 82118 0159 65519 30919 822
Materials and bulk purchases308 013290 522244 612227 978282 679
Transfers and grants---1 0003 347
Other expenditure251 311269 127230 609243 765181 131
Total Expenditure1 028 5661 002 710887 379873 763842 077
Surplus/(Deficit)(132 569)(203 327)(120 985)(188 429)(184 938)
Transfers recognised - capital62 30948 54528 290-48 178
Contributions recognised - capital & contributed assets5 272-7 73687 711151
Surplus/(Deficit) after capital transfers & contributions(64 988)(154 782)(84 959)(100 718)(136 608)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(64 988)(154 782)(84 959)(100 718)(136 608)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure2 9662 4338 6044 21555 483
Transfers recognised - capital1 787-1 40635343 708
Public contributions & donationsn/an/an/an/an/a
Borrowing--3 173--
Internally generated funds1 1792 4333 80216011 776
Total sources of capital funds2 9662 4338 38051355 483
FINANCIAL POSITION
Total current assets524 858286 052207 735132 740171 840
Total non current assets2 094 4422 153 8452 303 3122 328 2782 354 348
Total current liabilities698 798635 754467 862389 213306 750
Total non current liabilities67 39866 15163 63859 062105 977
Community wealth/Equity2 322 9551 686 4822 195 2682 113 4612 113 461
CASH FLOWS
Net cash from (used) operating----50 045
Net cash from (used) investing(43)9(13)(206)(55 483)
Net cash from (used) financing(581)(2 790)1 63110 410(1 262)
Cash/cash equivalents at the year end(29 190)12 452(4 202)15 6155 146
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure76 694158 435112 488146 420183 667
Irregular expenditure140 623128 59353 91146 61333 898
Fruitless & wasteful expenditure5 38716 37611 91517 36912 812
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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