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Lekwa Local Municipality (MP305)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aDisclaimer of auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates152 872170 255156 42198 38569 846
Service charges496 282508 037476 570441 363393 749
Investment revenue2 4841 7881 93117 1404 768
Transfers recognised - operational158 754139 953152 770122 249111 422
Other own revenue130 94779 07450 80959 91357 927
Total Revenue (excluding capital transfers and contributions)941 339899 108838 501739 051637 713
Employee costs283 203258 333239 009238 547188 020
Remuneration of councillors12 0867 51712 09020 88311 362
Depreciation & asset impairment28 02057 04794 92687 25278 308
Finance charges152 75086 20299 693121 999110 501
Materials and bulk purchases495 651488 396470 558439 298392 149
Transfers and grants733----
Other expenditure410 763380 753310 428379 111152 237
Total Expenditure1 383 2071 278 2481 226 7031 287 089932 576
Surplus/(Deficit)(441 868)(379 140)(388 202)(548 038)(294 863)
Transfers recognised - capital69 26224 93338 32031 83568 039
Contributions recognised - capital & contributed assets1 7411 15114 683-27
Surplus/(Deficit) after capital transfers & contributions(370 865)(353 056)(335 198)(516 203)(226 797)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(370 865)(353 056)(335 198)(516 203)(226 797)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure78 28335 11944 99524 210202 970
Transfers recognised - capital62 64020 64620 51212 977112 505
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds6 87735 4168 5965 63578 645
Total sources of capital funds69 51856 06229 10818 612191 150
FINANCIAL POSITION
Total current assets907 101787 935646 481754 415713 985
Total non current assets1 677 2111 560 9691 193 4681 234 2101 175 816
Total current liabilities3 127 9803 020 7172 425 0862 250 2771 647 764
Total non current liabilities117 361256 606589 135577 845580 528
Community wealth/Equity(829 048)(928 418)(1 173 850)(323 478)(111 694)
CASH FLOWS
Net cash from (used) operating400 468508 2692 076 5631 816 9481 298 060
Net cash from (used) investing(56 304)(15 575)(23 309)(33 355)(61 675)
Net cash from (used) financing695(213)--25 824
Cash/cash equivalents at the year end355 615520 2451 107 1901 189 348951 232
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 486 001233 469288 112-
Irregular expendituren/a201 39340 75175 21669 656
Fruitless & wasteful expendituren/a566 35511 519119 783120 086
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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