Govan Mbeki Local Municipality (MP307)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Disclaimer of auditDisclaimer of auditDisclaimer of auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates323 667286 930268 900244 215190 532
Service charges1 204 5561 088 5761 127 3641 022 655951 144
Investment revenue8 70821 2272 2041 53956 597
Transfers recognised - operational313 693200 973247 990222 607223 141
Other own revenue64 36197 49454 554208 98466 012
Total Revenue (excluding capital transfers and contributions)1 914 9861 695 2001 701 0121 700 0001 487 426
Employee costs490 567213 597485 248442 878411 813
Remuneration of councillors25 30322 09323 25320 57419 726
Depreciation & asset impairment197 3123152 954167 956163 619
Finance charges221 899169 98588 07642 63640 426
Materials and bulk purchases1 060 472940 512836 083817 287725 551
Transfers and grants33 67724 1864 02433 16125 376
Other expenditure557 355246 955386 197845 883420 525
Total Expenditure2 586 5841 617 3311 975 8342 370 3751 807 036
Surplus/(Deficit)(671 598)77 869(274 822)(670 375)(319 610)
Transfers recognised - capital91 072129 78345 39762 19387 618
Contributions recognised - capital & contributed assets----15 876
Surplus/(Deficit) after capital transfers & contributions(580 526)207 651(229 425)(608 183)(216 117)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(580 526)207 651(229 425)(608 183)(216 117)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure259 11085 86547 99061 207121 743
Transfers recognised - capital36 11758 6675 83255 85971 274
Public contributions & donationsn/a5 170n/an/an/a
Borrowing-----
Internally generated funds-22 029-5 34850 468
Total sources of capital funds36 11785 8655 83261 207121 743
FINANCIAL POSITION
Total current assets959 5781 289 9281 259 626288 316244 368
Total non current assets2 905 5982 970 4672 885 7932 971 0703 404 205
Total current liabilities3 372 5423 104 4282 094 223983 333717 324
Total non current liabilities141 731161 838163 724159 152209 139
Community wealth/Equity931 231994 1302 116 8982 116 9012 722 110
CASH FLOWS
Net cash from (used) operating3 301 55484 201153 48985 28461 972
Net cash from (used) investing(55 324)(58 404)(79 213)(56 671)(58 576)
Net cash from (used) financing(1 168)(328)24 340(4 217)(6 803)
Cash/cash equivalents at the year end3 671 40582 550(706 137)39 38714 990
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a294 577229 993308 7422 432
Irregular expendituren/a191 54258 089101 02992 240
Fruitless & wasteful expendituren/a164 02282 17332 80629 149
SOURCEAudited Outcome - C1 2021 Q3YTD Actual - C1 2019 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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