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Musina Local Municipality (LIM341)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates31 18928 76426 81414 92924 787
Service charges232 590214 486166 687167 049156 127
Investment revenue1 8461 600167--
Transfers recognised - operational237 135225 307199 830176 378196 394
Other own revenue46 12532 087387 18118 02720 205
Total Revenue (excluding capital transfers and contributions)548 884502 244780 678376 383397 513
Employee costs175 247154 917153 904150 650149 504
Remuneration of councillors11 80511 36710 37210 09710 526
Depreciation and amortisation39 96833 88539 24930 37230 139
Finance charges4 6932 9371 2351 0702 682
Inventory consumed and bulk purchases201 680177 061129 377142 119120 611
Transfers and subsidies7 45212 8496 1115 8274 689
Other expenditure121 69394 24796 915108 69187 292
Total Expenditure562 538487 263437 163448 826405 443
Surplus/(Deficit)(13 654)14 981343 516(72 443)(7 930)
Transfers and subsidies - capital (monetary allocations)36 51236 35430 94131 40937 793
Transfers and subsidies - capital (in-kind)--16 7444 363-
Surplus/(Deficit) after capital transfers & contributions22 85851 334391 200(36 670)29 863
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year22 85851 334391 200(36 670)29 863
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure76 13257 20960 04435 65760 289
Transfers recognised - capital34 90032 64447 97028 85358 508
Borrowing-----
Internally generated funds40 52423 8808 831(891)-
Total sources of capital funds75 42356 52456 80127 96258 508
FINANCIAL POSITION
Total current assets212 472177 258127 933207 852186 976
Total non current assets767 316680 986653 663562 381603 705
Total current liabilities370 106306 076267 445639 664602 659
Total non current liabilities47 74040 62541 92031 87133 899
Community wealth/Equity561 941512 018472 41998 697154 123
CASH FLOWS
Net cash from (used) operating242 14237 66445 802260 510164 474
Net cash from (used) investing(81 748)(49 442)(48 749)(17 580)(29 887)
Net cash from (used) financing-----
Cash/cash equivalents at the year end171 2252 028(6 857)265 266(37 340)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-8 689-118 212-
Irregular expenditure40 50322 58433 27931 29623 182
Fruitless & wasteful expenditure3 5051 484-52 63762
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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