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Phumelela Local Municipality (FS195)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates15 82716 41212 88414 69012 999
Service charges47 58330 42234 03633 36029 758
Investment revenue3723371 066664317
Transfers recognised - operational127 338115 896145 600133 791113 356
Other own revenue31 41435 97656 15333 19127 164
Total Revenue (excluding capital transfers and contributions)222 533199 042249 737215 695183 594
Employee costs85 34780 59874 56768 75564 688
Remuneration of councillors7 5226 6656 5916 0716 202
Depreciation & asset impairment14 91934 98731 95544 44132 324
Finance charges21 50114 71518 23211 35116 551
Materials and bulk purchases37 43137 43628 98745 60641 016
Transfers and grants-----
Other expenditure89 68686 06394 394120 69798 085
Total Expenditure256 406260 463254 726296 921258 866
Surplus/(Deficit)(33 872)(61 421)(4 989)(81 226)(75 272)
Transfers recognised - capital11 06420 119--19 987
Contributions recognised - capital & contributed assets(466)(459)(1 282)77(479)
Surplus/(Deficit) after capital transfers & contributions(23 274)(41 762)(6 271)(81 149)(55 765)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(23 274)(41 762)(6 271)(81 149)(55 765)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure55 06534 44747 5591n/a
Transfers recognised - capital48 49734 44762 94315 945n/a
Public contributions & donationsn/an/an/an/an/a
Borrowing----n/a
Internally generated funds3 712---n/a
Total sources of capital funds52 20934 44762 94315 945n/a
FINANCIAL POSITION
Total current assets127 93757 68450 3936 95323 400
Total non current assets898 634793 058779 144769 026864 363
Total current liabilities457 778415 753368 888372 339299 519
Total non current liabilities88 78482 15542 15650 41043 174
Community wealth/Equity480 009352 834424 763434 378600 834
CASH FLOWS
Net cash from (used) operating(174 019)(86 652)184 237(37 430)-
Net cash from (used) investing(27 788)(36 288)(82 648)79(14)
Net cash from (used) financing----(67)
Cash/cash equivalents at the year end(197 998)(119 129)102 141(37 076)3 225
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a657 28195 612108 37186 641
Irregular expendituren/a14 2858 47114 95413 578
Fruitless & wasteful expendituren/a35 21711 16910 2432 762
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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