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Thabazimbi Local Municipality (LIM361)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditDisclaimer of auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates152 42679 612100 13090 44180 805
Service charges185 038171 178152 314179 603162 635
Investment revenue975596429502399
Transfers recognised - operational157 567126 712130 850117 750120 315
Other own revenue72 76364 91349 05040 05331 957
Total Revenue (excluding capital transfers and contributions)568 768443 010432 772428 348396 112
Employee costs166 959166 232162 238151 882135 737
Remuneration of councillors10 23610 0959 9599 3969 354
Depreciation and amortisation33 49428 58919 36937 09031 433
Finance charges20 28922 17825 20319 94430 408
Inventory consumed and bulk purchases159 902117 928100 696126 560120 260
Transfers and subsidies-----
Other expenditure213 509267 438137 121129 251117 912
Total Expenditure604 388612 460454 587474 123445 103
Surplus/(Deficit)(35 620)(169 449)(21 814)(45 775)(48 991)
Transfers and subsidies - capital (monetary allocations)28 77848 24766 87936 19591 276
Transfers and subsidies - capital (in-kind)38 077--5 541-
Surplus/(Deficit) after capital transfers & contributions31 235(121 202)45 065(4 038)42 285
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year31 235(121 202)45 065(4 038)42 285
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure40 19382146549 344102 691
Transfers recognised - capital40 193821(628)36 923103 248
Borrowing-----
Internally generated funds-----
Total sources of capital funds40 193821(628)36 923103 248
FINANCIAL POSITION
Total current assets762 581366 474319 066245 744246 665
Total non current assets823 118809 423811 748848 325840 142
Total current liabilities682 809589 739650 748593 992648 808
Total non current liabilities319 456313 967101 98197 67247 104
Community wealth/Equity633 889389 166379 312402 405402 241
CASH FLOWS
Net cash from (used) operating121 105247 656107 48966 916233 137
Net cash from (used) investing(14 664)(47 540)(56 047)(30 368)(92 514)
Net cash from (used) financing-----
Cash/cash equivalents at the year end117 771202 30653 573399 192140 885
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure90 20259 98526 324646 03940 651
Irregular expenditure174 90822 65940 5728 27360 102
Fruitless & wasteful expenditure19 3806 09014 326143 45212 048
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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