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Msukaligwa Local Municipality (MP302)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditAdverse auditAdverse audit
FINANCIAL PERFORMANCE
Property rates202 863181 646126 006115 906107 806
Service charges407 828394 104376 860367 827325 351
Investment revenue4 8541 0989491 8533 136
Transfers recognised - operational242 386207 661226 918180 256157 248
Other own revenue178 575122 06870 47871 36754 517
Total Revenue (excluding capital transfers and contributions)1 036 507906 577801 211737 210648 058
Employee costs265 144248 969244 257230 898207 127
Remuneration of councillors17 36215 48916 05815 65115 145
Depreciation and amortisation143 590141 732137 048129 549122 638
Finance charges99 00987 000103 37228 83434 764
Inventory consumed and bulk purchases427 665415 490362 631319 921306 844
Transfers and subsidies---21-
Other expenditure312 093252 001172 743207 505222 213
Total Expenditure1 264 8631 160 6811 036 108932 379908 731
Surplus/(Deficit)(228 356)(254 104)(234 897)(195 170)(260 673)
Transfers and subsidies - capital (monetary allocations)258 080303 435169 259117 17110 367
Transfers and subsidies - capital (in-kind)238-1 4801 650-
Surplus/(Deficit) after capital transfers & contributions29 96249 331(64 158)(76 348)(250 306)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year29 96249 331(64 158)(76 348)(250 306)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure05 3833 4423 80980 905
Transfers recognised - capital-2 1475 170-71 901
Borrowing-----
Internally generated funds03 236(1 728)3 8099 004
Total sources of capital funds05 3833 4423 80980 905
FINANCIAL POSITION
Total current assets840 387667 132722 250587 534348 166
Total non current assets2 828 1432 717 8262 477 5932 450 5752 651 660
Total current liabilities2 083 0591 985 7571 937 9011 565 7731 179 947
Total non current liabilities105 00589 07778 30565 65261 603
Community wealth/Equity1 655 7831 340 4921 442 5851 485 2681 966 111
CASH FLOWS
Net cash from (used) operating1 151 758927 066250 798--
Net cash from (used) investing(173)(4 984)(5 266)(162)-
Net cash from (used) financing--20-551
Cash/cash equivalents at the year end1 161 259928 257267 56724 618(53 436)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a413 25683 459141 12249 327
Irregular expendituren/a74 456174 7682 520108 244
Fruitless & wasteful expendituren/a162 401-74 18129 592
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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