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Mogalakwena Local Municipality (LIM367)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates113 52496 83391 41688 00181 765
Service charges636 421387 537480 745413 271396 215
Investment revenue3 0137 7964 8853 1924 196
Transfers recognised - operational545 593588 621546 728488 302578 408
Other own revenue122 813148 11394 27996 38771 362
Total Revenue (excluding capital transfers and contributions)1 421 3641 228 9011 218 0541 089 1541 131 946
Employee costs396 517375 174333 170355 196378 688
Remuneration of councillors27 15926 44510 52415 49323 976
Depreciation and amortisation174 431292 769141 635298 245135 047
Finance charges8 4123 0972 936--
Inventory consumed and bulk purchases404 888361 759342 770250 521259 546
Transfers and subsidies13 9751785 954125110
Other expenditure852 991778 788491 423717 490878 962
Total Expenditure1 878 3731 838 2091 328 4131 637 0701 676 329
Surplus/(Deficit)(457 009)(609 308)(110 359)(547 916)(544 383)
Transfers and subsidies - capital (monetary allocations)388 301455 058269 345232 682188 670
Transfers and subsidies - capital (in-kind)28 64831 348177--
Surplus/(Deficit) after capital transfers & contributions(40 059)(122 902)159 163(315 234)(355 714)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(40 059)(122 902)159 163(315 234)(355 714)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure444 165762 234254 489142 092169 910
Transfers recognised - capital367 304432 390239 734132 239169 866
Borrowing-----
Internally generated funds72 34017 78114 7549 85344
Total sources of capital funds439 644450 171254 489142 092169 910
FINANCIAL POSITION
Total current assets493 979409 571443 188610 503365 458
Total non current assets4 910 4364 804 6364 449 3744 373 2455 547 817
Total current liabilities851 198610 431526 337565 631576 748
Total non current liabilities114 705126 292109 603131 519128 248
Community wealth/Equity4 859 6874 471 3644 439 7844 303 8855 774 391
CASH FLOWS
Net cash from (used) operating664 5319 173332 766297 124416 202
Net cash from (used) investing(353 946)(985)(287 740)(167 233)(160 860)
Net cash from (used) financing-----
Cash/cash equivalents at the year end322 83848 512113 223202 916291 255
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--228 1603 866 113583 820
Irregular expenditure465 882650 602544 258295 735242 399
Fruitless & wasteful expenditure8 0576 8365 16955 4773 589
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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