Letsemeng Local Municipality (FS161)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Qualified auditQualified auditQualified auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates24 800781109 64414 91713 228
Service charges47 0141 237300 65648 93241 196
Investment revenue10151 505579232
Transfers recognised - operational81 56641 914360 35049 34753 514
Other own revenue19 2003 245289 97521 8848 729
Total Revenue (excluding capital transfers and contributions)172 68147 1811 062 130135 660116 898
Employee costs54 3496 699298 36646 77240 898
Remuneration of councillors4 20033423 8993 3483 395
Depreciation & asset impairment53 53746 072616 85442 69227 589
Finance charges2 5131 8152 3352 1151 552
Materials and bulk purchases43 29626 869504 59727 27021 611
Transfers and grants-----
Other expenditure68 40274 894200 13468 39341 150
Total Expenditure226 297156 6841 646 185190 591136 195
Surplus/(Deficit)(53 616)(109 503)(584 055)(54 931)(19 297)
Transfers recognised - capital21 35612 77117 26056 32024 557
Contributions recognised - capital & contributed assets---17 118-
Surplus/(Deficit) after capital transfers & contributions(32 260)(96 732)(566 795)18 5075 260
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(32 260)(96 732)(566 795)18 5075 260
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 475 759(161 959)14 037 94178 34830 080
Transfers recognised - capital83 360(2 223)116 55578 34828 952
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds1 392 399(159 735)13 921 386-1 127
Total sources of capital funds1 475 759(161 959)14 037 94178 34830 080
FINANCIAL POSITION
Total current assets128 366(69 884)2 002 96569 18255 709
Total non current assets781 173(189 676)7 057 923986 368569 476
Total current liabilities208 007(23 146)1 987 01366 79417 431
Total non current liabilities4 205(2 574)193 90116 40216 819
Community wealth/Equity729 585(137 109)7 446 769972 354590 935
CASH FLOWS
Net cash from (used) operating(5 312)(33 139)-63 5888 765
Net cash from (used) investing(121)--(63 418)(11 140)
Net cash from (used) financing(726)(9 720)9 734(287)(92)
Cash/cash equivalents at the year end(6 158)(42 859)9 734613727
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a119 09164 87159 701101 789
Irregular expendituren/a27 592101 78455 67717 499
Fruitless & wasteful expendituren/a2 0461 376373111
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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