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Modimolle Local Municipality (LIM365)

Modimolle Local Municipality was disestablished and merged with Mookgophong Local Municipality to establish Modimolle-Mookgophong 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 auditQualified auditQualified auditAdverse auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates29 10130 37227 77419 42717 640
Service charges151 977133 534122 769109 06691 363
Investment revenue1 6571 7692 7122 5282 639
Transfers recognised - operational64 86464 01662 23262 42857 236
Other own revenue19 53121 34620 41017 06611 681
Total Revenue (excluding capital transfers and contributions)267 130251 037235 897210 515180 559
Employee costs111 145108 39196 65670 16062 895
Remuneration of councillors6 6656 3425 9805 2645 125
Depreciation and amortisation46 82550 02142 08423 54930 503
Finance charges7 8763 0182 7512 7832 749
Inventory consumed and bulk purchases109 02493 80985 76974 40874 043
Transfers and subsidies-----
Other expenditure69 54263 85361 23247 04342 575
Total Expenditure351 078325 434294 471223 207217 889
Surplus/(Deficit)(83 948)(74 397)(58 574)(12 692)(37 330)
Transfers and subsidies - capital (monetary allocations)42 08444 62543 57537 642-
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(41 864)(29 772)(14 998)24 950(37 330)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(41 864)(29 772)(14 998)24 950(37 330)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure37 42943 42143 65634 51825 563
Transfers recognised - capital37 41340 30840 05234 30124 425
Borrowing-----
Internally generated funds163 1133 6042171 138
Total sources of capital funds37 42943 42143 65634 51825 563
FINANCIAL POSITION
Total current assets156 390126 384138 248136 809114 069
Total non current assets893 998901 574893 554834 233811 314
Total current liabilities166 521103 56391 55381 04871 724
Total non current liabilities70 21769 24149 29433 50229 896
Community wealth/Equity813 650855 154890 954856 492823 764
CASH FLOWS
Net cash from (used) operating53 32941 92541 43642 70936 488
Net cash from (used) investing(34 290)(61 651)(58 017)(41 399)(13 289)
Net cash from (used) financing(2 399)(1 582)(4 770)(689)(465)
Cash/cash equivalents at the year end30 21813 46134 76961 85952 543
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure14 14023 80226 77352016 370
Irregular expenditure20 70841 58023 15920 5316 758
Fruitless & wasteful expenditure5 02835244270655
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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