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Lekwa Local Municipality (MP305)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Disclaimer of auditDisclaimer of auditDisclaimer of auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates156 42198 38569 84664 04651 825
Service charges481 260441 363393 749343 799357 206
Investment revenue2 23017 1404 7683 2162 239
Transfers recognised - operational152 770122 249111 422115 95488 877
Other own revenue50 74359 91357 92744 36071 285
Total Revenue (excluding capital transfers and contributions)843 423739 051637 713571 374571 430
Employee costs239 009196 909188 020198 805173 646
Remuneration of councillors12 09019 86111 36211 76810 592
Depreciation & asset impairment94 92687 25278 30875 62581 469
Finance charges99 693119 983110 50175 33564 214
Materials and bulk purchases470 558373 003392 149361 963342 217
Transfers and grants-----
Other expenditure310 147378 572152 237210 171255 610
Total Expenditure1 226 4221 175 581932 576933 667927 747
Surplus/(Deficit)(382 999)(436 530)(294 863)(362 293)(356 317)
Transfers recognised - capital38 32031 83568 03915 69945 920
Contributions recognised - capital & contributed assets14 684-2719-
Surplus/(Deficit) after capital transfers & contributions(329 995)(404 695)(226 797)(346 575)(310 397)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(329 995)(404 695)(226 797)(346 575)(310 397)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure44 99524 210202 97034 49840 288
Transfers recognised - capital20 51212 977112 50525 93338 107
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds8 5965 63578 6451 4102 181
Total sources of capital funds29 10818 612191 15027 34340 288
FINANCIAL POSITION
Total current assets642 172744 558713 985502 721245 689
Total non current assets1 193 4351 263 4461 175 8161 211 1431 210 724
Total current liabilities2 304 3122 128 7711 647 7641 692 579699 830
Total non current liabilities589 135577 845580 528129 755506 566
Community wealth/Equity(596 475)(294 102)(111 694)238 105250 016
CASH FLOWS
Net cash from (used) operating1 169 7901 738 2851 298 060378 330(58 315)
Net cash from (used) investing(23 350)(33 355)(61 675)(73 041)(41 394)
Net cash from (used) financing(246)(412)25 824(23 680)-
Cash/cash equivalents at the year end195 4881 112 026951 232283 170(95 913)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure233 469288 112-89 698-
Irregular expenditure40 75175 21669 65691 08781 208
Fruitless & wasteful expenditure11 519119 783120 08677 63542 603
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
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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