ADVERTISEMENT

Maluti-A-Phofung Local Municipality (FS194)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Disclaimer of auditDisclaimer of auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates111 776113 846168 505168 487155 126
Service charges494 671324 448285 452321 804366 175
Investment revenue4 40511 3322 30511 0622 524
Transfers recognised - operational765 933694 190734 074648 467809 864
Other own revenue12 21531 65532 538159 12614 814
Total Revenue (excluding capital transfers and contributions)1 389 0001 175 4711 222 8741 308 9451 348 503
Employee costs727 726667 674547 084870 106484 117
Remuneration of councillors31 78528 52925 69924 57531 109
Depreciation and amortisation292 746182 718340 242300 083282 733
Finance charges382 45663 735146 607559 702477 278
Inventory consumed and bulk purchases792 307964 690819 857745 510689 842
Transfers and subsidies111 153176 80593 418(6 077)88 009
Other expenditure195 576238 707284 199207 441258 529
Total Expenditure2 533 7492 322 8592 257 1072 701 3402 311 616
Surplus/(Deficit)(1 144 749)(1 147 387)(1 034 234)(1 392 395)(963 113)
Transfers and subsidies - capital (monetary allocations)273 230267 054228 415215 383178 618
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(871 519)(880 334)(805 818)(1 177 012)(784 495)
Share of surplus/(deficit) of associate179 32173 321169 780--
Surplus/(Deficit) for the year(692 198)(807 013)(636 038)(1 177 012)(784 495)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(110 658)259 752233 1698 832153 098
Transfers recognised - capital513 406257 367194 9935 685146 892
Borrowing-----
Internally generated funds(624 064)2 38538 1763 1476 206
Total sources of capital funds(110 658)259 752233 1698 832153 098
FINANCIAL POSITION
Total current assets3 863 6672 903 2782 573 6182 085 7851 543 466
Total non current assets6 111 5295 269 8433 745 4263 852 4993 119 754
Total current liabilities10 567 4579 725 9928 483 6547 467 0845 508 344
Total non current liabilities32032010 1669 9348 579
Community wealth/Equity(1 120 553)(2 031 560)(2 477 427)(1 063 734)(69 208)
CASH FLOWS
Net cash from (used) operating613 746571 875615 305--
Net cash from (used) investing(157 291)(165 975)(233 169)(10)155
Net cash from (used) financing(207)(9 846)--25 053
Cash/cash equivalents at the year end520 874577 065381 537266 67933 374
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-3 858 155168 799-134 350
Irregular expenditure-111 51929 90927 929316 009
Fruitless & wasteful expenditure-2 053 882128 540555 651476 590
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.
ADVERTISEMENT
ADVERTISEMENT

Powered by Creative 8 | Version: 2.10.24 / PHP Version: 8.1.30