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Elias Motsoaledi Local Municipality (LIM472)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates54 99339 91339 44235 77332 756
Service charges99 950107 753102 20295 49387 607
Investment revenue2 9962 3085852 0592 133
Transfers recognised - operational338 906307 637351 908273 218245 283
Other own revenue149 17649 89137 74640 52178 151
Total Revenue (excluding capital transfers and contributions)646 021507 502531 884447 064445 930
Employee costs164 054159 935150 619141 837141 238
Remuneration of councillors24 78725 21724 27924 57523 235
Depreciation and amortisation63 91652 82659 56656 42256 338
Finance charges12 3251 6083 6353 5384 401
Inventory consumed and bulk purchases132 547136 454114 68397 58890 243
Transfers and subsidies4 1611 54716 5762 9845 846
Other expenditure265 833152 592182 532143 571143 026
Total Expenditure667 623530 179551 891470 514464 328
Surplus/(Deficit)(21 601)(22 676)(20 007)(23 451)(18 397)
Transfers and subsidies - capital (monetary allocations)90 89674 31668 45070 68570 766
Transfers and subsidies - capital (in-kind)920--21 47141
Surplus/(Deficit) after capital transfers & contributions70 21451 64048 44368 70552 410
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year70 21451 64048 44368 70552 410
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure106 133111 19077 40677 250105 831
Transfers recognised - capital79 20982 34157 40879 7211 504
Borrowing-----
Internally generated funds24 1806 19610 11612 429-
Total sources of capital funds103 38888 53867 52492 1501 504
FINANCIAL POSITION
Total current assets257 885197 905159 198161 982150 867
Total non current assets1 219 3971 185 9171 123 4801 114 1521 070 707
Total current liabilities191 054148 691123 731146 840147 686
Total non current liabilities120 01799 33575 09073 75290 986
Community wealth/Equity1 197 3131 134 2931 088 522986 837930 492
CASH FLOWS
Net cash from (used) operating(39 643)(271 879)(281 930)(105 722)12 467
Net cash from (used) investing(99 203)(65 577)(76 404)(72 464)(43 594)
Net cash from (used) financing(6 867)(5 443)144(90)134
Cash/cash equivalents at the year end(130 994)(330 559)537 462270 117(124 636)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-50 77140 9467 89635 450
Irregular expenditure75 86076 73977 37982 60749 833
Fruitless & wasteful expenditure1 8986 5382 185295596
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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