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Mogale City Local Municipality (GT481)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aQualified auditQualified auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates623 812614 122548 628504 064563 272
Service charges2 396 0061 977 4501 925 2041 739 4851 638 684
Investment revenue16 9617 1772 4183 8992 537
Transfers recognised - operational638 092581 604519 375551 727443 814
Other own revenue410 063288 760233 000222 477228 411
Total Revenue (excluding capital transfers and contributions)4 084 9343 469 1143 228 6243 021 6522 876 718
Employee costs1 023 956927 430850 483857 225833 394
Remuneration of councillors39 48838 76033 92234 74433 586
Depreciation and amortisation254 211280 819255 792246 275248 730
Finance charges22 96622 38527 49538 46349 378
Inventory consumed and bulk purchases1 630 6511 392 9801 313 7651 171 3211 079 891
Transfers and subsidies2 1401 0321 8863461 716
Other expenditure945 782954 4671 017 737877 957834 258
Total Expenditure3 919 1933 617 8743 501 0813 226 3313 080 953
Surplus/(Deficit)165 741(148 760)(272 457)(204 679)(204 235)
Transfers and subsidies - capital (monetary allocations)293 639308 974291 788203 961208 978
Transfers and subsidies - capital (in-kind)143 037----
Surplus/(Deficit) after capital transfers & contributions602 417160 21419 331(718)4 743
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year602 417160 21419 331(718)4 743
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure209 451355 963330 907-225 413
Transfers recognised - capital190 670310 970295 423-204 132
Borrowing-----
Internally generated funds18 78144 99335 369-21 281
Total sources of capital funds209 451355 963330 791-225 413
FINANCIAL POSITION
Total current assets1 312 638(115 455)(132 044)27 821110 025
Total non current assets6 769 751322 455360 367180 602216 123
Total current liabilities994 81681 047242 734(12 771)179 492
Total non current liabilities645 014(34 261)(33 742)(10 914)(66 720)
Community wealth/Equity6 424 618--231 315208 634
CASH FLOWS
Net cash from (used) operating351 77028 15135 591--
Net cash from (used) investing(265 609)(12 676)(67 266)(5 311)14 987
Net cash from (used) financing(16 031)----
Cash/cash equivalents at the year end80 3995 285(53 053)60 52914 242
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-232 520--
Irregular expendituren/a467 784181 08284 644116 432
Fruitless & wasteful expendituren/a41 51756 71222 94114 281
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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