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Ngwathe Local Municipality (FS203)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates108 441103 83296 969104 44196 614
Service charges422 953510 179372 370408 594368 156
Investment revenue6 2036 5372 8361 4071 131
Transfers recognised - operational254 095266 938247 197233 097258 184
Other own revenue108 549186 34580 12951 92665 176
Total Revenue (excluding capital transfers and contributions)900 2411 073 832799 500799 466789 260
Employee costs325 974282 497259 780259 537249 031
Remuneration of councillors18 34717 78216 67915 58915 493
Depreciation and amortisation77 15759 21272 42788 49259 428
Finance charges117 198105 71478 30336 70934 941
Inventory consumed and bulk purchases454 496420 634379 460408 813333 392
Transfers and subsidies180176178150165
Other expenditure402 415344 455273 174310 574247 811
Total Expenditure1 395 7671 230 4701 080 0011 119 864940 260
Surplus/(Deficit)(495 527)(156 638)(280 501)(320 398)(151 000)
Transfers and subsidies - capital (monetary allocations)139 99281 53954 737100 84589 993
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(355 534)(75 100)(225 764)(219 553)(61 007)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(355 534)(75 100)(225 764)(219 553)(61 007)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure143 539115 8288 42184 221548
Transfers recognised - capital121 72195 6933 20583 196548
Borrowing-----
Internally generated funds21 81811 8365 2151 025-
Total sources of capital funds143 539107 5298 42184 221548
FINANCIAL POSITION
Total current assets607 402563 997803 656667 261634 393
Total non current assets1 992 8961 929 1821 795 1861 596 7081 831 853
Total current liabilities3 230 4942 797 8372 790 6832 442 1002 117 125
Total non current liabilities----41 173
Community wealth/Equity(560 980)(134 841)(191 841)(178 587)234 001
CASH FLOWS
Net cash from (used) operating(272 994)(257 071)(144 260)(1 703 265)(141 645)
Net cash from (used) investing(143 600)(10 196)(2 934)(70 921)(548)
Net cash from (used) financing---(1 173)38 036
Cash/cash equivalents at the year end(353 593)(220 553)(141 298)(1 718 648)(83 214)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure107 620335 274294 010350 55799 115
Irregular expenditure8 35159 68331 00634 442-
Fruitless & wasteful expenditure104 72494 43078 45086 87530 573
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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