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Setsoto Local Municipality (FS191)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates86 08171 49568 40264 82866 418
Service charges307 375264 897256 570241 889218 662
Investment revenue10 05212 5949 5974 7651 850
Transfers recognised - operational274 288255 844239 156217 482244 576
Other own revenue84 20867 30064 46736 48717 136
Total Revenue (excluding capital transfers and contributions)762 005672 130638 192565 451548 642
Employee costs262 228238 503220 238224 507222 425
Remuneration of councillors15 27214 74114 07212 87112 967
Depreciation and amortisation140 282156 140208 381286 969394 456
Finance charges4 1033 5663 3974 6615 115
Inventory consumed and bulk purchases142 972122 180100 140105 18794 943
Transfers and subsidies47 2657942 27122 69930 601
Other expenditure274 712309 295185 653174 218173 012
Total Expenditure886 834844 504774 153831 112933 519
Surplus/(Deficit)(124 829)(172 374)(135 961)(265 661)(384 877)
Transfers and subsidies - capital (monetary allocations)205 400209 219208 904141 107158 588
Transfers and subsidies - capital (in-kind)--69-8 076
Surplus/(Deficit) after capital transfers & contributions80 57136 84573 011(124 554)(218 213)
Share of surplus/(deficit) of associate----67
Surplus/(Deficit) for the year80 57136 84573 011(124 554)(218 146)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure348 995335 007345 687323 186219 797
Transfers recognised - capital258 942207 492300 259320 159198 691
Borrowing60043 2094 444166(2)
Internally generated funds2 60326 7662182 180140
Total sources of capital funds262 145277 468304 922322 506198 829
FINANCIAL POSITION
Total current assets392 289564 821523 347483 914407 380
Total non current assets2 621 3752 590 3232 526 6852 561 5132 699 021
Total current liabilities163 927253 053214 010281 432258 870
Total non current liabilities111 057111 28696 106103 18983 068
Community wealth/Equity2 738 6802 790 8052 739 9162 660 8062 764 463
CASH FLOWS
Net cash from (used) operating421 501388 994574 042419 048484 826
Net cash from (used) investing(210 450)(212 653)(206 688)(141 573)(181 620)
Net cash from (used) financing5--31-
Cash/cash equivalents at the year end268 119242 548460 551306 502(274 093)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-78 231150 479623 534319 562
Irregular expenditure2 04910 03219 86953 61093 217
Fruitless & wasteful expenditure5138444 2722 505
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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