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Greater Tubatse Local Municipality (LIM475)

Greater Tubatse Local Municipality was disestablished and merged with Fetakgomo Local Municipality to establish Fetakgomo Tubatse Local Municipality on 3 August 2016. All information displayed here is historical information relating to the municipality before being disestablished.

Financial Results

All values: R'0002015/162014/152013/142012/132011/12
AUDIT OUTCOME Qualified auditDisclaimer of auditDisclaimer of auditAdverse auditQualified audit
FINANCIAL PERFORMANCE
Property rates92 45182 98275 393n/a59 513
Service charges9 4048 7317 985n/a8 169
Investment revenue11 5046 1645 784n/a1 466
Transfers recognised - operational238 788183 932151 557n/a161 814
Other own revenue11 14368 10914 652n/a21 549
Total Revenue (excluding capital transfers and contributions)363 290349 917255 371n/a252 511
Employee costs103 01584 21785 442n/a68 503
Remuneration of councillors20 54218 12217 715n/a15 095
Depreciation and amortisation105 646106 170105 656n/a30 704
Finance charges5 5614 6302 037n/a12 785
Inventory consumed and bulk purchases10 1305 3686 726n/a-
Transfers and subsidies4 2483 7353 581n/a2 817
Other expenditure235 196235 13359 108n/a55 346
Total Expenditure484 338457 374280 267n/a185 251
Surplus/(Deficit)(121 048)(107 457)(24 896)n/a67 260
Transfers and subsidies - capital (monetary allocations)138 006129 55274 914n/a-
Transfers and subsidies - capital (in-kind)---n/a-
Surplus/(Deficit) after capital transfers & contributions16 95722 09450 018n/a67 260
Share of surplus/(deficit) of associate---n/a-
Surplus/(Deficit) for the year16 95722 09450 018n/a67 260
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure71 52055 50229 253n/a39 496
Transfers recognised - capital69 44753 91328 033n/a-
Borrowing---n/a-
Internally generated funds---n/a11 353
Total sources of capital funds71 52055 50229 253n/a39 496
FINANCIAL POSITION
Total current assets333 051315 009196 621n/a103 728
Total non current assets1 456 0221 490 8591 554 645n/a723 904
Total current liabilities102 293118 64073 040n/a57 584
Total non current liabilities57 89837 05344 184n/a16 744
Community wealth/Equity1 628 8811 650 1741 634 042n/a753 304
CASH FLOWS
Net cash from (used) operating85 646144 37455 494n/a90 477
Net cash from (used) investing(171 146)(55 502)(29 253)n/a(39 496)
Net cash from (used) financing(3 868)(359)(3 784)n/a(7 577)
Cash/cash equivalents at the year end96 120197 255108 742n/a38 108
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-1 4239 61277 687-
Irregular expenditure291 093130 21259 78671 27223 988
Fruitless & wasteful expenditure1501 53115212629
SOURCEAudited - C1 2017Audited Outcome - A1 2016Audited Outcome - A1 2016Audited Outcome - A1 2016S71 Audited

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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