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Merafong City Local Municipality (GT484)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates661 678525 259765 344581 883567 514
Service charges1 050 703885 064839 443841 370812 884
Investment revenue4 76511 17219 70912 7585 046
Transfers recognised - operational364 648361 224325 561378 304256 019
Other own revenue374 346394 705577 638258 446268 339
Total Revenue (excluding capital transfers and contributions)2 456 1412 177 4242 527 6952 072 7611 909 802
Employee costs428 921439 612414 909370 511367 065
Remuneration of councillors28 54027 10326 33225 46022 282
Depreciation and amortisation221 457245 449123 250172 764220 800
Finance charges369 289285 710197 304157 32582 067
Inventory consumed and bulk purchases852 563750 487826 078684 004584 317
Transfers and subsidies415506748522321
Other expenditure1 571 7511 815 6201 674 395985 0891 095 865
Total Expenditure3 472 9353 564 4863 263 0162 395 6752 372 718
Surplus/(Deficit)(1 016 794)(1 387 061)(735 321)(322 913)(462 916)
Transfers and subsidies - capital (monetary allocations)127 206149 974158 94381 732122 479
Transfers and subsidies - capital (in-kind)-(126)9(9)-
Surplus/(Deficit) after capital transfers & contributions(889 588)(1 237 214)(576 369)(241 191)(340 437)
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(889 588)(1 237 214)(576 369)(241 191)(340 437)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure254 854217 924210 663164 21350 931
Transfers recognised - capital241 135210 678197 821170 43043 065
Borrowing-----
Internally generated funds13 7197 24619 837-7 415
Total sources of capital funds254 854217 924217 658170 43050 480
FINANCIAL POSITION
Total current assets1 425 003860 733884 717890 74874 073
Total non current assets3 329 3743 383 5263 495 6863 497 186(91 286)
Total current liabilities5 042 1873 733 3972 586 3952 047 526319 509
Total non current liabilities207 971169 854159 625159 417(14 030)
Community wealth/Equity393 8081 578 2222 210 7522 422 18217 746
CASH FLOWS
Net cash from (used) operating1 286 427362 087(683 977)328 417(1 029 734)
Net cash from (used) investing(108 346)(150 850)---
Net cash from (used) financing-----
Cash/cash equivalents at the year end132 508367 217(478 262)534 132(1 076 821)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 065 0401 030 055--
Irregular expendituren/a138 917209 249280 37549 127
Fruitless & wasteful expendituren/a207 299157 779138 444168 540
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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