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Thabazimbi Local Municipality (LIM361)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates100 13090 44180 80577 04969 338
Service charges152 314179 603162 635167 374162 454
Investment revenue4295023991 4651 305
Transfers recognised - operational130 850117 750120 31597 66389 399
Other own revenue49 05040 05331 95719 71532 320
Total Revenue (excluding capital transfers and contributions)432 772428 348396 112363 266354 815
Employee costs159 364151 882135 737124 464118 089
Remuneration of councillors9 3929 3969 3548 8979 548
Depreciation and amortisation18 79337 09031 43313 69734 469
Finance charges19 13219 94430 40831 38312 583
Inventory consumed and bulk purchases124 920126 560120 260102 28696 403
Transfers and subsidies-----
Other expenditure110 524129 251117 912219 617103 652
Total Expenditure442 125474 123445 103500 343374 743
Surplus/(Deficit)(9 352)(45 775)(48 991)(137 076)(19 928)
Transfers and subsidies - capital (monetary allocations)60 47936 19591 27694 96132 783
Transfers and subsidies - capital (in-kind)-5 541---
Surplus/(Deficit) after capital transfers & contributions51 127(4 038)42 285(42 115)12 856
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year51 127(4 038)42 285(42 115)12 856
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 28649 344102 69171 66110 064
Transfers recognised - capital19336 923103 24868 338-
Borrowing-----
Internally generated funds-----
Total sources of capital funds19336 923103 24868 338-
FINANCIAL POSITION
Total current assets326 844245 744246 665154 259248 680
Total non current assets882 514846 713840 142802 197741 044
Total current liabilities666 515593 992648 808599 153588 718
Total non current liabilities97 54197 67247 10434 10837 480
Community wealth/Equity487 996423 122402 241365 310350 669
CASH FLOWS
Net cash from (used) operating106 02366 916233 137406 241410 024
Net cash from (used) investing(56 047)(30 368)(92 514)(37 329)-
Net cash from (used) financing(12)(71)--150
Cash/cash equivalents at the year end60 871399 122140 885377 845257 409
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure26 324646 03940 65124 855-
Irregular expenditure40 5728 27360 10258 75539 496
Fruitless & wasteful expenditure14 326143 45212 04815 2358 480
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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