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Mogale City Local Municipality (GT481)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates731 733623 811577 378548 628504 064
Service charges2 600 9352 404 0461 980 7871 925 2041 739 485
Investment revenue23 00116 9617 2062 4183 899
Transfers recognised - operational751 803640 494576 299519 375551 727
Other own revenue383 190453 614299 178233 000222 477
Total Revenue (excluding capital transfers and contributions)4 490 6634 138 9273 440 8473 228 6243 021 652
Employee costs1 055 1211 023 956900 115850 483857 225
Remuneration of councillors39 77939 48838 76033 92234 744
Depreciation and amortisation325 230266 047276 986255 792246 275
Finance charges18 48722 96649 66327 49538 463
Inventory consumed and bulk purchases1 826 1061 630 6511 408 1721 313 7651 171 321
Transfers and subsidies2 9372 1401 0431 886346
Other expenditure1 293 1741 120 986909 0601 017 737877 957
Total Expenditure4 560 8354 106 2333 583 8003 501 0813 226 331
Surplus/(Deficit)(70 172)32 694(142 953)(272 457)(204 679)
Transfers and subsidies - capital (monetary allocations)315 566291 237215 959291 788203 961
Transfers and subsidies - capital (in-kind)-143 03786 702--
Surplus/(Deficit) after capital transfers & contributions245 394466 968159 70819 331(718)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year245 394466 968159 70819 331(718)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure393 127301 068(25 989)330 907-
Transfers recognised - capital276 507270 732(31 791)295 423-
Borrowing-----
Internally generated funds116 62030 335-35 369-
Total sources of capital funds393 127301 068(31 791)330 791-
FINANCIAL POSITION
Total current assets1 455 1531 027 5301 114 838(132 044)27 821
Total non current assets6 755 0806 851 7276 585 089360 367180 602
Total current liabilities1 242 6221 127 7271 374 016242 734(12 771)
Total non current liabilities645 091685 647525 991(33 742)(10 914)
Community wealth/Equity6 322 5196 159 2155 799 920-231 315
CASH FLOWS
Net cash from (used) operating543 394351 770-35 591-
Net cash from (used) investing(391 226)(265 609)(12 676)(67 266)(5 311)
Net cash from (used) financing(47 204)(16 031)---
Cash/cash equivalents at the year end54 26380 3991 031(53 053)60 529
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---232 520-
Irregular expenditure234 339615 539467 784181 08284 644
Fruitless & wasteful expenditure--41 51756 71222 941
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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