Mogale City Local Municipality (GT481)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates563 272529 305498 821468 862438 295
Service charges1 638 6841 569 1741 591 3091 399 9541 385 469
Investment revenue1 7815 1258 52513 60515 347
Transfers recognised - operational443 589389 863494 238298 894272 822
Other own revenue217 036208 238419 377208 030333 102
Total Revenue (excluding capital transfers and contributions)2 864 3622 701 7033 012 2692 389 3442 445 035
Employee costs833 128751 608711 588642 852579 224
Remuneration of councillors33 58634 39022 61429 16926 690
Depreciation & asset impairment237 776300 014302 459273 809262 621
Finance charges49 37871 69080 99652 69739 232
Materials and bulk purchases1 085 930992 888853 064889 809887 796
Transfers and grants1 7013 15976 18948 28768 517
Other expenditure838 239750 369824 125736 509748 790
Total Expenditure3 079 7382 904 1192 871 0352 673 1322 612 869
Surplus/(Deficit)(215 376)(202 416)141 234(283 788)(167 834)
Transfers recognised - capital208 978236 380173 378142 482152 344
Contributions recognised - capital & contributed assets12 129119 18749 603--
Surplus/(Deficit) after capital transfers & contributions5 731153 151364 216(141 306)(15 490)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year5 731153 151364 216(141 306)(15 490)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure215 413n/a281 398228 814435 317
Transfers recognised - capital209 448n/a-142 482152 344
Public contributions & donationsn/an/an/an/an/a
Borrowing-n/a-2 88063 047
Internally generated funds5 965n/a-83 452219 926
Total sources of capital funds215 413n/a-228 814435 317
FINANCIAL POSITION
Total current assets102 687344 125(242 070)557 163521 772
Total non current assets205 96066 162122 7436 044 5436 144 455
Total current liabilities161 00164 880(21 254)1 024 787836 292
Total non current liabilities(66 720)8 164(184 474)629 120746 315
Community wealth/Equity208 635184 090(277 815)4 947 7995 083 620
CASH FLOWS
Net cash from (used) operating-(2 329 290)-263 192375 437
Net cash from (used) investing15 206(86 571)78 828(240 247)(470 649)
Net cash from (used) financing15 940(12 651)1 034(45 487)(3 393)
Cash/cash equivalents at the year end37 717(2 624 122)79 86244 75267 292
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a166 303-64 387-
Irregular expendituren/a221 268171 157131 793110 877
Fruitless & wasteful expendituren/a13 5859 48718 7254 357
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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