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Lekwa Local Municipality (MP305)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates208 618190 214152 872170 255156 421
Service charges628 986566 100463 506508 037476 570
Investment revenue4 6844 1362 4841 7881 931
Transfers recognised - operational184 248173 957158 754139 953152 770
Other own revenue169 737341 94757 41679 07450 809
Total Revenue (excluding capital transfers and contributions)1 196 2731 276 354835 032899 108838 501
Employee costs341 128291 777283 203258 333239 009
Remuneration of councillors18 22214 74012 0867 51712 090
Depreciation and amortisation51 01063 21849 20757 04794 926
Finance charges133 626172 127151 56986 20299 693
Inventory consumed and bulk purchases703 616564 137496 444488 396470 558
Transfers and subsidies-1 15610 311--
Other expenditure418 400422 300412 831380 753310 428
Total Expenditure1 666 0021 529 4571 415 6531 278 2481 226 703
Surplus/(Deficit)(469 728)(253 103)(580 620)(379 140)(388 202)
Transfers and subsidies - capital (monetary allocations)60 09945 93969 26224 93338 320
Transfers and subsidies - capital (in-kind)23 434245 42488 0901 15114 683
Surplus/(Deficit) after capital transfers & contributions(386 195)38 260(423 268)(353 056)(335 198)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(386 195)38 260(423 268)(353 056)(335 198)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure75 867144 53074 94835 11944 995
Transfers recognised - capital53 567129 72362 70320 64620 512
Borrowing-----
Internally generated funds28 68729 3265 73535 4168 596
Total sources of capital funds82 254159 04868 43856 06229 108
FINANCIAL POSITION
Total current assets1 753 8931 480 396804 934787 935646 481
Total non current assets2 382 3872 340 5912 066 0281 560 9691 193 468
Total current liabilities4 586 8273 894 3733 456 0413 020 7172 425 086
Total non current liabilities133 967124 936111 558256 606589 135
Community wealth/Equity(584 513)(198 322)(636 753)(928 418)(1 173 850)
CASH FLOWS
Net cash from (used) operating751 615394 123401 164508 2692 076 563
Net cash from (used) investing(76 535)(67 541)(54 930)(37 050)(23 309)
Net cash from (used) financing-----
Cash/cash equivalents at the year end690 078336 440356 991498 9821 107 190
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure156 234354 022242 9941 486 001233 469
Irregular expenditure873 94254 22361 815201 39340 751
Fruitless & wasteful expenditure147 454189 924309 844566 35511 519
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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