Thaba Chweu Local Municipality (MP321)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Qualified auditQualified auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates77 80296 750(2)95 00592 514
Service charges269 694239 05717 577182 666183 136
Investment revenue1 8982 6461952 234-
Transfers recognised - operational148 596136 773-119 559108 813
Other own revenue39 16335 3082 22436 82541 580
Total Revenue (excluding capital transfers and contributions)537 153510 53419 994436 289426 043
Employee costs210 272186 03314 734156 007140 258
Remuneration of councillors11 32510 8638569 9399 147
Depreciation & asset impairment5 795--53 96084 170
Finance charges48 99545 4922 4547 38845 089
Materials and bulk purchases147 791137 14011 693151 222145 404
Transfers and grants5008 059---
Other expenditure307 003131 14710 862270 916268 727
Total Expenditure731 680518 73540 598649 432692 793
Surplus/(Deficit)(194 528)(8 201)(20 604)(213 143)(266 751)
Transfers recognised - capital68 91671 157-89 069103 895
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(125 612)62 956(20 604)(124 074)(162 856)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(125 612)62 956(20 604)(124 074)(162 856)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure70 896103 09923385 84679 951
Transfers recognised - capital59 20395 14723385 84679 951
Public contributions & donationsn/a-n/an/an/a
Borrowing-----
Internally generated funds8 4007 952---
Total sources of capital funds67 603103 09923385 84679 951
FINANCIAL POSITION
Total current assets365 742571 756(6 781)261 563263 826
Total non current assets1 112 0251 263 5904 7811 238 2312 451 949
Total current liabilities1 004 024687 26818 551546 348489 064
Total non current liabilities67 38167 156-76 81041 633
Community wealth/Equity531 9731 080 92254876 6362 185 078
CASH FLOWS
Net cash from (used) operating278 290(1 314)-143 48076 041
Net cash from (used) investing(54 859)(11 995)-(127 567)(79 801)
Net cash from (used) financing(5 230)-(111)--
Cash/cash equivalents at the year end257 24721 027(9 661)21 1505 237
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a55 4748 45958 65422 748
Irregular expendituren/a41 249134 21160 00628 757
Fruitless & wasteful expendituren/a39 45322 04310 99444 207
SOURCEAudited Outcome - C1 2021 Q3YTD Actual - C1 2019 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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