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Polokwane Local Municipality (LIM354)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates602 556573 341528 180470 568471 727
Service charges1 980 9881 742 8451 815 5161 581 4451 500 206
Investment revenue48 17838 8159 64112 33318 823
Transfers recognised - operational1 538 7251 403 5491 215 9461 386 3841 292 050
Other own revenue300 240411 426461 346207 420571 241
Total Revenue (excluding capital transfers and contributions)4 470 6884 169 9774 030 6303 658 1513 854 047
Employee costs1 104 1301 072 0161 026 750973 200922 982
Remuneration of councillors43 87741 38439 34938 69238 522
Depreciation and amortisation1 181 615754 315784 230961 689711 798
Finance charges50 93057 83759 73761 77069 673
Inventory consumed and bulk purchases1 293 0041 082 4681 132 2321 026 606967 977
Transfers and subsidies15 4809 67145 24066 558179 851
Other expenditure1 583 3822 091 7231 914 2961 256 2261 514 063
Total Expenditure5 272 4185 109 4155 001 8354 384 7434 404 867
Surplus/(Deficit)(801 731)(939 437)(971 206)(726 592)(550 820)
Transfers and subsidies - capital (monetary allocations)770 125612 013655 398764 9931 026 876
Transfers and subsidies - capital (in-kind)3 982576--1 076
Surplus/(Deficit) after capital transfers & contributions(27 624)(326 849)(315 807)38 401477 132
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(27 624)(326 849)(315 807)38 401477 132
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure861 612640 044685 491840 161864 637
Transfers recognised - capital623 932532 185519 741693 246815 910
Borrowing---(885)64 147
Internally generated funds237 680103 833165 299143 09857 390
Total sources of capital funds861 612636 018685 040835 459937 447
FINANCIAL POSITION
Total current assets1 764 9801 498 4051 576 1111 537 6431 334 627
Total non current assets15 724 31115 754 74713 823 63817 201 48017 045 955
Total current liabilities961 462875 7531 216 8511 145 4491 487 155
Total non current liabilities862 318866 679916 062971 218814 959
Community wealth/Equity15 591 29115 510 71913 360 48816 627 98415 601 336
CASH FLOWS
Net cash from (used) operating1 460 4023 349 8762 018 9313 973 1796 476 900
Net cash from (used) investing(910 977)(743 683)(831 503)(733 869)(1 119 086)
Net cash from (used) financing---(499)-
Cash/cash equivalents at the year end733 7952 838 8621 488 5832 476 5255 479 264
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 040 5571 669 132614 253462 090
Irregular expendituren/a255 808167 25772 9351 459
Fruitless & wasteful expendituren/a-17 12518-
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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