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Thaba Chweu Local Municipality (MP321)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedQualified auditQualified auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates95 44377 80291 24294 35795 005
Service charges265 792269 694221 318196 501182 666
Investment revenue4331 8983 90022 5602 234
Transfers recognised - operational188 365148 596137 276221 365119 559
Other own revenue38 33840 57247 939n/a36 825
Total Revenue (excluding capital transfers and contributions)588 370538 562501 674552 456436 289
Employee costs229 813210 272185 795185 650156 007
Remuneration of councillors11 55211 32510 76610 3149 939
Depreciation & asset impairment55 35051 23551 97758 01553 960
Finance charges31 46048 99542 93528 2277 388
Materials and bulk purchases148 601147 889171 447121 721151 222
Transfers and grants5005004 125--
Other expenditure466 245166 141193 88191 466270 916
Total Expenditure943 521636 356660 925566 333649 432
Surplus/(Deficit)(355 151)(97 794)(159 251)(13 877)(213 143)
Transfers recognised - capital69 25668 91671 373n/a89 069
Contributions recognised - capital & contributed assets173477196n/a-
Surplus/(Deficit) after capital transfers & contributions(285 721)(28 401)(87 683)(3 515)(124 074)
Share of surplus/(deficit) of associate---n/a-
Surplus/(Deficit) for the year(285 721)(28 401)(87 683)(3 515)(124 074)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure84 638146 74560 383n/a85 846
Transfers recognised - capital58 351100 35755 521n/a85 846
Public contributions & donationsn/an/an/an/an/a
Borrowing---n/a-
Internally generated funds13 01317 199-n/a-
Total sources of capital funds71 363117 55655 521n/a85 846
FINANCIAL POSITION
Total current assets300 149513 417340 577315 367261 563
Total non current assets1 089 1161 084 6901 041 1341 263 5901 238 231
Total current liabilities1 151 7261 021 436787 820638 681546 348
Total non current liabilities109 01167 38158 34567 15676 810
Community wealth/Equity500 361537 691626 281873 120876 636
CASH FLOWS
Net cash from (used) operating262 596278 290-102 020143 480
Net cash from (used) investing(67 672)(54 859)-(88 834)(127 567)
Net cash from (used) financing(158)(387)4 829--
Cash/cash equivalents at the year end444 561262 09039 75234 33721 150
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure130 7027 52155 4748 45958 654
Irregular expenditure205 36570 81741 249134 21160 006
Fruitless & wasteful expenditure-47 10439 45322 04310 994
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
Annual Report 2018
Audited Outcome
A1 2020

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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