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Matjhabeng Local Municipality (FS184)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates414 178443 340424 353401 962376 085
Service charges1 474 8261 368 5731 331 7621 290 6761 127 255
Investment revenue10 3182 3908152 1071 119
Transfers recognised - operational636 815569 972632 601502 012462 252
Other own revenue465 630287 198309 916301 258285 680
Total Revenue (excluding capital transfers and contributions)3 001 7672 671 4742 699 4472 498 0142 252 391
Employee costs1 005 242879 248833 734699 827707 492
Remuneration of councillors9 51216 34928 67130 27431 771
Depreciation and amortisation159 089241 822233 601253 023528 737
Finance charges332 178173 475108 812281 932281 765
Inventory consumed and bulk purchases1 278 1161 285 1071 279 7701 257 7581 118 701
Transfers and subsidies7531 1941 5281 478-
Other expenditure1 490 5211 492 8871 658 2241 383 3651 178 219
Total Expenditure4 275 4114 090 0844 144 3403 907 6573 846 686
Surplus/(Deficit)(1 273 644)(1 418 610)(1 444 893)(1 409 643)(1 594 295)
Transfers and subsidies - capital (monetary allocations)126 60499 264157 742109 084151 383
Transfers and subsidies - capital (in-kind)4 2172 552---
Surplus/(Deficit) after capital transfers & contributions(1 142 823)(1 316 794)(1 287 151)(1 300 559)(1 442 912)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(1 142 823)(1 316 794)(1 287 151)(1 300 559)(1 442 912)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure243 963113 23090 009111 898133 080
Transfers recognised - capital122 26588 69580 37690 799109 654
Borrowing-----
Internally generated funds121 69824 5349 63421 099-
Total sources of capital funds243 963113 23090 009111 898109 654
FINANCIAL POSITION
Total current assets4 124 8943 962 1393 500 7343 141 5492 748 545
Total non current assets5 883 8085 753 5845 153 4755 022 0065 073 035
Total current liabilities14 326 41212 929 53011 338 6419 547 8157 843 228
Total non current liabilities-----
Community wealth/Equity(2 238 112)(880 614)(2 684 432)(1 384 261)1 421 265
CASH FLOWS
Net cash from (used) operating(1 168 909)(700 399)1 128 964--
Net cash from (used) investing(243 963)(113 230)(51 840)--
Net cash from (used) financing612---1 309
Cash/cash equivalents at the year end(1 208 753)(748 409)1 135 9231 0814 667
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure1 067 5772 277 6141 274 0871 499 0701 538 966
Irregular expenditure175 129307 923453 551339 794307 018
Fruitless & wasteful expenditure341 571311 569105 472281 932281 881
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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