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Mutale Local Municipality (LIM342)

Mutale Local Municipality was disestablished and merged into Musina 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 n/aQualified auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates1 8231 9901 2991 4403 316
Service charges1 1921 233542249225
Investment revenue1 0411 3659814011 153
Transfers recognised - operational88 94176 76748 46046 8694 726
Other own revenue7 3377 9986 8674 4745 259
Total Revenue (excluding capital transfers and contributions)100 33489 35458 14853 43414 678
Employee costs19 94532 61228 04728 53725 157
Remuneration of councillors4 9237 9707 1226 6316 417
Depreciation and amortisation-4 0962 7692 1271 371
Finance charges50110139184190
Inventory consumed and bulk purchases-2 799---
Transfers and subsidies-----
Other expenditure19 02722 09131 10417 32210 341
Total Expenditure43 94569 67869 18154 80043 477
Surplus/(Deficit)56 38919 676(11 033)(1 367)(28 799)
Transfers and subsidies - capital (monetary allocations)-19 56340 23817 54355 922
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions56 38939 23929 20416 17627 123
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year56 38939 23929 20416 17627 123
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure20 69521 67231 75177 93120 797
Transfers recognised - capital18 81920 42030 92977 69120 066
Borrowing-----
Internally generated funds1 8761 252821240731
Total sources of capital funds20 69521 67231 75177 93120 797
FINANCIAL POSITION
Total current assets-41 61122 30540 71912 879
Total non current assets-103 79382 38176 26082 655
Total current liabilities-22 89826 93951 96635 679
Total non current liabilities-5 2272 5212 5721 227
Community wealth/Equity-117 27875 22662 44158 628
CASH FLOWS
Net cash from (used) operating64 49550 70735 80138 30819 089
Net cash from (used) investing(35 454)(21 765)(15 491)(17 615)(19 189)
Net cash from (used) financing(359)(349)(357)(421)(243)
Cash/cash equivalents at the year end28 68132 87524 23429 50897
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---289
Irregular expendituren/a18023 7397375 664
Fruitless & wasteful expendituren/a2 028139352 236
SOURCEYTD Actual - C1 2016 Q4Audited 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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