Ngwathe Local Municipality (FS203)

Financial Results

All values: R'0002018/192017/182016/172015/162014/15
AUDIT OUTCOME Qualified auditDisclaimer of auditDisclaimer of auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates83 41476 08076 79764 48159 639
Service charges315 155263 978261 919241 164224 088
Investment revenue1 6551 6291 5221 998756
Transfers recognised - operational197 424175 721173 559190 055118 934
Other own revenue56 72049 26148 30937 33538 421
Total Revenue (excluding capital transfers and contributions)654 368566 669562 107535 033441 838
Employee costs216 081231 429186 764181 460179 108
Remuneration of councillors14 87414 42811 44311 47910 711
Depreciation & asset impairment75 81782 84466 23562 790108 133
Finance charges37 86035 675106 58079 51858 711
Materials and bulk purchases284 614214 813237 780191 568190 234
Transfers and grants18 414----
Other expenditure276 404260 047218 257222 362258 905
Total Expenditure924 064839 236827 059749 177805 803
Surplus/(Deficit)(269 696)(272 567)(264 952)(214 144)(363 965)
Transfers recognised - capital60 90979 12863 03576 89273 386
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(208 787)(193 439)(201 916)(137 252)(290 579)
Share of surplus/(deficit) of associate--10 2645 577-
Surplus/(Deficit) for the year(208 787)(193 439)(191 652)(131 676)(290 579)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure563 22584 069121 7765 47468 418
Transfers recognised - capital562 81283 796115 908--
Public contributions & donationsn/a----
Borrowing-----
Internally generated funds4132735 8675 47468 418
Total sources of capital funds563 22584 069121 7765 47468 418
FINANCIAL POSITION
Total current assets536 939342 806215 319153 95484 232
Total non current assets1 437 231899 822914 415853 394826 246
Total current liabilities1 955 9211 520 2991 143 059818 072660 328
Total non current liabilities41 58281 454156 698167 593168 209
Community wealth/Equity389 566(359 126)(170 023)21 68381 940
CASH FLOWS
Net cash from (used) operating(653 951)88 29174 93888 55870 913
Net cash from (used) investing-(84 750)(73 209)(77 196)(68 408)
Net cash from (used) financing(31)(1 047)(6 391)(6 003)(6 259)
Cash/cash equivalents at the year end(646 702)6 2743 7818 4443 085
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure169 315168 14579 673177 095-
Irregular expenditure138 26397 137110 62260 20035 466
Fruitless & wasteful expenditure113 53035 632103 49874 252-
SOURCEAudited Outcome - C1 2020 Q3Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017

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