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Lekwa Local Municipality (MP305)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates145 133152 872170 255156 42198 385
Service charges692 895494 784508 037476 570441 363
Investment revenue4 1362 4841 7881 93117 140
Transfers recognised - operational173 957158 754139 953152 770122 249
Other own revenue409 847130 17579 07450 80959 913
Total Revenue (excluding capital transfers and contributions)1 425 968939 070899 108838 501739 051
Employee costs284 884283 203258 333239 009238 547
Remuneration of councillors14 74012 0867 51712 09020 883
Depreciation and amortisation61 86215 70157 04794 92687 252
Finance charges172 085152 75086 20299 693121 999
Inventory consumed and bulk purchases564 137496 444488 396470 558439 298
Transfers and subsidies65 028733---
Other expenditure508 422411 437380 753310 428379 111
Total Expenditure1 671 1591 372 3551 278 2481 226 7031 287 089
Surplus/(Deficit)(245 191)(433 285)(379 140)(388 202)(548 038)
Transfers and subsidies - capital (monetary allocations)45 93969 26224 93338 32031 835
Transfers and subsidies - capital (in-kind)309 2951 7411 15114 683-
Surplus/(Deficit) after capital transfers & contributions110 043(362 283)(353 056)(335 198)(516 203)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year110 043(362 283)(353 056)(335 198)(516 203)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure140 19166 04735 11944 99524 210
Transfers recognised - capital127 03656 80520 64620 51212 977
Borrowing-----
Internally generated funds29 2243 43335 4168 5965 635
Total sources of capital funds156 26060 23856 06229 10818 612
FINANCIAL POSITION
Total current assets1 098 572907 410787 935646 481754 415
Total non current assets2 322 9761 674 2611 560 9691 193 4681 234 210
Total current liabilities3 897 2683 130 7533 020 7172 425 0862 250 277
Total non current liabilities113 092113 961256 606589 135577 845
Community wealth/Equity(941 517)(663 043)(928 418)(1 173 850)(323 478)
CASH FLOWS
Net cash from (used) operating396 623401 164508 2692 076 5631 816 948
Net cash from (used) investing(67 541)(54 930)(37 050)(23 309)(33 355)
Net cash from (used) financing-797---
Cash/cash equivalents at the year end338 940357 788498 9821 107 1901 189 348
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure354 022242 9941 486 001233 469288 112
Irregular expenditure54 22361 815201 39340 75175 216
Fruitless & wasteful expenditure189 924309 844566 35511 519119 783
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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