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Setsoto Local Municipality (FS191)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates68 40264 82866 41864 26572 203
Service charges256 570241 889218 662203 447200 978
Investment revenue9 5974 7651 8504 1673 582
Transfers recognised - operational239 156217 482244 576197 967178 184
Other own revenue63 76736 48717 13622 00343 661
Total Revenue (excluding capital transfers and contributions)637 491565 451548 642491 849498 607
Employee costs220 238224 507222 425195 052188 561
Remuneration of councillors14 07212 87112 96713 20913 350
Depreciation and amortisation208 381286 969394 456139 514226 647
Finance charges3 3974 6615 1157 9629 266
Inventory consumed and bulk purchases100 140105 18794 94390 63497 429
Transfers and subsidies42 27122 69930 60124 97229 207
Other expenditure184 999174 218173 012170 550695 437
Total Expenditure773 499831 112933 519641 8931 259 898
Surplus/(Deficit)(136 008)(265 661)(384 877)(150 043)(761 290)
Transfers and subsidies - capital (monetary allocations)208 904141 107158 588111 298116 964
Transfers and subsidies - capital (in-kind)69-8 076--
Surplus/(Deficit) after capital transfers & contributions72 965(124 554)(218 213)(38 746)(644 326)
Share of surplus/(deficit) of associate--67--
Surplus/(Deficit) for the year72 965(124 554)(218 146)(38 746)(644 326)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure345 687323 186219 797143 993146 015
Transfers recognised - capital300 259320 159198 691130 119(33 410)
Borrowing4 444166(2)-56 982
Internally generated funds2182 180140452 824
Total sources of capital funds304 922322 506198 829130 16526 396
FINANCIAL POSITION
Total current assets523 347483 914407 380352 905348 834
Total non current assets2 526 6852 561 5132 699 0212 921 5202 986 914
Total current liabilities214 057281 432258 870264 454223 525
Total non current liabilities96 106103 18983 06875 67991 924
Community wealth/Equity2 667 8342 660 8062 764 4632 973 0383 664 624
CASH FLOWS
Net cash from (used) operating573 755419 048484 826638 489599 003
Net cash from (used) investing(210 361)(141 573)(181 620)(140 014)(89 397)
Net cash from (used) financing(22)(24)--431
Cash/cash equivalents at the year end456 569306 446(274 093)147 464313 051
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a623 534319 562127 355616 848
Irregular expendituren/a53 61093 217184 03376 934
Fruitless & wasteful expendituren/a4 2722 5054 3342 980
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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