Lekwa Local Municipality (MP305)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Audit not finalisedDisclaimer of auditQualified auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates98 38569 84664 04651 82553 169
Service charges441 363393 749344 016357 206342 283
Investment revenue17 1404 7684 6692 239-
Transfers recognised - operational122 249111 422115 95488 87785 228
Other own revenue59 91357 62244 36071 285127 222
Total Revenue (excluding capital transfers and contributions)739 051637 408573 045571 430607 901
Employee costs196 909181 183198 161173 646140 325
Remuneration of councillors19 86111 36213 22510 59210 287
Depreciation & asset impairment87 25278 30875 71981 46986 248
Finance charges119 983110 50182 34764 21440 949
Materials and bulk purchases373 003392 149361 946342 217305 006
Transfers and grants-----
Other expenditure378 572152 237205 922255 610233 113
Total Expenditure1 175 581925 739937 322927 747815 928
Surplus/(Deficit)(436 530)(288 331)(364 277)(356 317)(208 027)
Transfers recognised - capital31 83568 03915 69945 920-
Contributions recognised - capital & contributed assets-2719--
Surplus/(Deficit) after capital transfers & contributions(404 695)(220 264)(348 559)(310 397)(208 027)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(404 695)(220 264)(348 559)(310 397)(208 027)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure30 87488 52434 43040 28826 579
Transfers recognised - capital12 97750 25525 85938 10726 579
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds12 2994 8709872 181-
Total sources of capital funds25 27555 12526 84640 28826 579
FINANCIAL POSITION
Total current assets744 560649 797507 444245 689124 574
Total non current assets1 263 3971 217 4671 236 6721 210 7241 519 257
Total current liabilities2 128 7222 067 1211 712 787699 830481 552
Total non current liabilities577 845129 845129 755506 566290 614
Community wealth/Equity(294 101)(109 437)250 133250 016871 665
CASH FLOWS
Net cash from (used) operating1 738 285(319 114)362 693(58 315)(5 572)
Net cash from (used) investing(26 691)(94 774)(77 177)(41 394)(24 377)
Net cash from (used) financing(25 574)(26 149)2 307--
Cash/cash equivalents at the year end1 091 775(409 046)295 942(95 913)3 755
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-89 698-225 400
Irregular expendituren/a69 65691 08781 20829 966
Fruitless & wasteful expendituren/a120 08677 63542 60326 782
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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