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Polokwane Local Municipality (LIM354)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates573 705544 918470 568471 727420 313
Service charges1 743 6261 821 7681 581 4451 500 2061 321 150
Investment revenue38 8159 64112 33318 82313 124
Transfers recognised - operational1 403 5491 215 9461 386 3841 292 0501 090 169
Other own revenue411 060474 278207 420571 241200 328
Total Revenue (excluding capital transfers and contributions)4 170 7554 066 5523 658 1513 854 0473 045 084
Employee costs1 072 0161 026 750973 200922 982854 608
Remuneration of councillors41 38439 34938 69238 52237 955
Depreciation & asset impairment765 149780 428961 689711 798680 387
Finance charges57 83759 77861 77069 67372 229
Materials and bulk purchases1 082 6431 219 2271 026 606967 977940 438
Transfers and grants9 67145 24066 558179 85124 664
Other expenditure2 358 6281 773 3311 256 2261 514 0631 225 365
Total Expenditure5 387 3284 944 1054 384 7434 404 8673 835 646
Surplus/(Deficit)(1 216 574)(877 553)(726 592)(550 820)(790 562)
Transfers recognised - capital612 013655 398764 9931 026 876950 606
Contributions recognised - capital & contributed assets576--1 07629 848
Surplus/(Deficit) after capital transfers & contributions(603 985)(222 155)38 401477 132189 892
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(603 985)(222 155)38 401477 132189 892
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure640 044737 298840 161864 6371 094 309
Transfers recognised - capital532 185571 639693 246815 910850 273
Public contributions & donationsn/an/an/an/an/a
Borrowing--(885)64 14743 925
Internally generated funds103 833165 299143 09857 390226 070
Total sources of capital funds636 018736 938835 459937 4471 120 268
FINANCIAL POSITION
Total current assets1 500 7591 609 5251 537 6431 334 6271 060 216
Total non current assets16 012 69714 007 37117 201 48017 045 95513 898 083
Total current liabilities884 0091 215 0891 145 4491 487 1551 263 922
Total non current liabilities866 679916 213971 218814 959846 399
Community wealth/Equity15 762 76713 411 75916 627 98415 601 33612 658 086
CASH FLOWS
Net cash from (used) operating3 349 8762 018 9313 973 1796 476 900(2 488 858)
Net cash from (used) investing(743 683)(831 503)(733 869)(1 119 086)(280 845)
Net cash from (used) financing(2 833)(2 648)(499)-(41 239)
Cash/cash equivalents at the year end2 836 0291 485 9352 476 5255 479 264(2 751 180)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 669 132614 253462 090437 080
Irregular expendituren/a167 25772 9351 4593 512
Fruitless & wasteful expendituren/a17 12518--
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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