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Polokwane Local Municipality (LIM354)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates710 102593 067572 860528 180470 568
Service charges2 215 7591 966 7401 735 4621 815 5161 581 445
Investment revenue69 80648 17838 8159 64112 333
Transfers recognised - operational1 678 6541 538 7251 403 5491 215 9461 386 384
Other own revenue1 306 963298 131417 518461 346207 420
Total Revenue (excluding capital transfers and contributions)5 981 2844 444 8414 168 2054 030 6303 658 151
Employee costs1 094 9651 114 5361 072 0161 026 750973 200
Remuneration of councillors83 71143 87741 38439 34938 692
Depreciation and amortisation901 3251 192 608754 453784 230961 689
Finance charges52 06450 80857 83759 73761 770
Inventory consumed and bulk purchases1 472 0191 293 8991 082 4681 132 2321 026 606
Transfers and subsidies16 48015 4809 67145 24066 558
Other expenditure2 632 9101 647 5002 105 9501 914 2961 256 226
Total Expenditure6 253 4745 358 7085 123 7805 001 8354 384 743
Surplus/(Deficit)(272 190)(913 867)(955 575)(971 206)(726 592)
Transfers and subsidies - capital (monetary allocations)615 386770 125612 013655 398764 993
Transfers and subsidies - capital (in-kind)13 7815 185576--
Surplus/(Deficit) after capital transfers & contributions356 977(138 558)(342 986)(315 807)38 401
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year356 977(138 558)(342 986)(315 807)38 401
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure791 402870 919625 278685 491840 161
Transfers recognised - capital536 998634 351517 418519 741693 246
Borrowing----(885)
Internally generated funds254 403236 568103 833165 299143 098
Total sources of capital funds791 402870 919621 251685 040835 459
FINANCIAL POSITION
Total current assets2 272 1281 673 2181 547 2831 576 1111 537 643
Total non current assets15 612 38615 658 78315 888 04613 823 63817 201 480
Total current liabilities1 172 117979 703874 2421 216 8511 145 449
Total non current liabilities872 326869 203866 679916 062971 218
Community wealth/Equity15 840 07115 483 09515 693 13513 360 48816 627 984
CASH FLOWS
Net cash from (used) operating1 398 9711 460 4023 349 8762 018 9313 973 179
Net cash from (used) investing(765 635)(910 977)(743 683)(831 503)(733 869)
Net cash from (used) financing----(499)
Cash/cash equivalents at the year end976 612733 7952 838 8621 488 5832 476 525
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure234 479932 0591 040 5571 669 132614 253
Irregular expenditure222 040432 463255 808167 25772 935
Fruitless & wasteful expenditure32 3956 105-17 12518
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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