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Letsemeng Local Municipality (FS161)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates25 10125 82824 19724 80020 609
Service charges59 39260 35045 36447 01444 037
Investment revenue10215541101151
Transfers recognised - operational91 13888 909103 55981 56683 996
Other own revenue36 98934 10222 81019 19326 443
Total Revenue (excluding capital transfers and contributions)212 722209 344195 971172 674175 236
Employee costs73 69769 76259 85154 34953 711
Remuneration of councillors5 3694 7644 2174 2003 991
Depreciation and amortisation44 694(44)15 84153 53746 072
Finance charges16 41711 0087 8722 5131 816
Inventory consumed and bulk purchases(128 327)47 21844 05943 28440 976
Transfers and subsidies3 500----
Other expenditure143 570117 28499 03568 178174 222
Total Expenditure158 920249 992230 876226 062320 787
Surplus/(Deficit)53 803(40 647)(34 904)(53 388)(145 552)
Transfers and subsidies - capital (monetary allocations)36 24921 76733 98821 35612 771
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions90 051(18 881)(916)(32 031)(132 780)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year90 051(18 881)(916)(32 031)(132 780)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 504 4431 447 6021 502 8361 475 7631 466 152
Transfers recognised - capital183 706144 303129 79377 68754 077
Borrowing-----
Internally generated funds1 297 5621 303 2991 373 0431 398 0761 412 075
Total sources of capital funds1 481 2681 447 6021 502 8361 475 7631 466 152
FINANCIAL POSITION
Total current assets203 073231 256171 610131 17166 191
Total non current assets755 241747 596769 781781 177805 685
Total current liabilities198 814291 898236 902207 925156 413
Total non current liabilities7 1017 6077 2164 2056 578
Community wealth/Equity662 348679 347698 188732 249841 666
CASH FLOWS
Net cash from (used) operating51 71131 554(5 321)(5 312)(5 149)
Net cash from (used) investing----(121)
Net cash from (used) financing----751
Cash/cash equivalents at the year end51 71131 554(5 321)(5 312)(4 519)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a901 155177 05991 986119 091
Irregular expendituren/a-164 09430 29927 592
Fruitless & wasteful expendituren/a30 1498 7855 7282 046
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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