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Makhado Local Municipality (LIM344)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates97 30096 26187 65881 25073 345
Service charges385 664402 489381 812363 551345 839
Investment revenue9 5696 9145 1376 9816 061
Transfers recognised - operational451 098431 877473 076361 240320 254
Other own revenue133 26270 45948 70344 56448 805
Total Revenue (excluding capital transfers and contributions)1 076 8931 008 000996 387857 586794 304
Employee costs339 625293 786297 128259 368251 498
Remuneration of councillors28 20928 07126 15826 43626 316
Depreciation and amortisation144 860137 431127 663122 493131 600
Finance charges3 7873 2642 480409544
Inventory consumed and bulk purchases345 427337 829299 612299 404265 984
Transfers and subsidies-----
Other expenditure329 241312 892198 867224 178229 547
Total Expenditure1 191 1501 113 274951 908932 287905 490
Surplus/(Deficit)(114 257)(105 274)44 479(74 701)(111 186)
Transfers and subsidies - capital (monetary allocations)122 717125 064107 80099 993104 645
Transfers and subsidies - capital (in-kind)-4 2059042 5691 188
Surplus/(Deficit) after capital transfers & contributions8 46023 995153 18227 861(5 353)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year8 46023 995153 18227 861(5 353)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure292 364307 287152 889126 073129 671
Transfers recognised - capital151 77594 54133 45432 456-
Borrowing-----
Internally generated funds188 41472 5364 814--
Total sources of capital funds340 189167 07738 26932 456-
FINANCIAL POSITION
Total current assets701 236737 164707 635207 63842 679
Total non current assets1 842 5011 729 7881 619 1951 598 7271 641 501
Total current liabilities644 348540 923493 61477 4755 757
Total non current liabilities113 053128 59459 777142 531130 809
Community wealth/Equity1 645 6081 796 6771 842 6661 558 4971 552 966
CASH FLOWS
Net cash from (used) operating56 808112 324865 4701 193 277730 381
Net cash from (used) investing(220 926)(214 020)(148 661)(11 723)(88 927)
Net cash from (used) financing(92)(851)290(83)598
Cash/cash equivalents at the year end37 114103 239463 170938 729411 325
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a--60 50284 406
Irregular expendituren/a--6 33414 205
Fruitless & wasteful expendituren/a208123267
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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