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Letsemeng Local Municipality (FS161)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates28 14626 33425 10125 82624 197
Service charges69 83960 74859 39260 35045 364
Investment revenue-9110216441
Transfers recognised - operational114 794109 88091 13888 909103 559
Other own revenue42 64050 46236 98918 10322 810
Total Revenue (excluding capital transfers and contributions)255 419247 513212 723193 352195 971
Employee costs75 21883 43373 69769 76259 851
Remuneration of councillors4 6725 5635 3694 7644 217
Depreciation and amortisation39 74129 24444 694(44)15 841
Finance charges49 31822 27816 41711 0087 872
Inventory consumed and bulk purchases80 72251 907(443 474)47 21844 059
Transfers and subsidies--3 500--
Other expenditure118 28294 33048 549117 40599 035
Total Expenditure367 952286 754(251 248)250 112230 876
Surplus/(Deficit)(112 533)(39 241)463 971(56 760)(34 904)
Transfers and subsidies - capital (monetary allocations)8 55711 63236 24921 76733 988
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(103 976)(27 609)500 220(34 994)(916)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(103 976)(27 609)500 220(34 994)(916)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure265 0571 469 1051 481 2031 452 3061 502 836
Transfers recognised - capital69 724201 349185 144149 007129 793
Borrowing-----
Internally generated funds195 3341 267 7561 296 0591 303 2991 373 043
Total sources of capital funds265 0571 469 1051 481 2031 452 3061 502 836
FINANCIAL POSITION
Total current assets169 518358 264301 823208 543171 610
Total non current assets1 067 408739 287754 991752 309769 781
Total current liabilities545 016438 103373 246302 898236 902
Total non current liabilities80 8447 3897 1017 6077 216
Community wealth/Equity715 042679 668176 247685 340698 188
CASH FLOWS
Net cash from (used) operating232 594232 51351 71115 554(5 321)
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end232 593232 51251 71115 554(5 321)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure196 385127 263224 025901 155177 059
Irregular expenditure7 16741 02982 213-164 094
Fruitless & wasteful expenditure38 73124 34714 13230 1498 785
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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