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Phumelela Local Municipality (FS195)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates19 11420 06415 64516 41212 884
Service charges71 51193 10775 48430 42234 036
Investment revenue9461 2513723371 066
Transfers recognised - operational145 673143 759122 470115 896145 600
Other own revenue44 01041 98124 41635 97656 153
Total Revenue (excluding capital transfers and contributions)281 254300 161238 387199 042249 737
Employee costs87 43380 58785 59780 59874 567
Remuneration of councillors12 0237 8187 5226 6656 591
Depreciation and amortisation1 46535 44735 12234 98731 955
Finance charges24 43927 54421 50114 71518 232
Inventory consumed and bulk purchases45 15346 76937 43137 43628 987
Transfers and subsidies-----
Other expenditure151 452128 48390 52986 06394 394
Total Expenditure321 965326 648277 702260 463254 726
Surplus/(Deficit)(40 711)(26 487)(39 315)(61 421)(4 989)
Transfers and subsidies - capital (monetary allocations)16 86421 35511 06420 119-
Transfers and subsidies - capital (in-kind)(536)(526)(466)(459)(1 282)
Surplus/(Deficit) after capital transfers & contributions(24 383)(5 658)(28 716)(41 762)(6 271)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(24 383)(5 658)(28 716)(41 762)(6 271)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure37 35120 67126 14134 44747 559
Transfers recognised - capital36 74520 67126 14134 44762 943
Borrowing-----
Internally generated funds-----
Total sources of capital funds36 74520 67126 14134 44762 943
FINANCIAL POSITION
Total current assets123 615118 67387 24557 61550 393
Total non current assets783 320750 524804 716793 057779 144
Total current liabilities539 696492 090451 852415 683368 888
Total non current liabilities86 54484 40188 78482 15542 156
Community wealth/Equity285 042292 707351 326352 834424 763
CASH FLOWS
Net cash from (used) operating35 458220 963186 646(86 791)184 237
Net cash from (used) investing(40 367)(44 935)(27 828)(36 300)(82 648)
Net cash from (used) financing16----
Cash/cash equivalents at the year end(4 267)183 323159 082(119 281)102 141
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure77 229122 63972 134657 28195 612
Irregular expenditure2 6562 63510 64714 2858 471
Fruitless & wasteful expenditure16 77321 55615 58335 21711 169
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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