ADVERTISEMENT

Msukaligwa Local Municipality (MP302)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates257 450212 918203 786202 863181 646
Service charges586 011514 792443 415407 318394 104
Investment revenue6 1675 8886 0534 8541 098
Transfers recognised - operational295 841282 515436 704242 386207 661
Other own revenue199 916114 536125 550178 575122 068
Total Revenue (excluding capital transfers and contributions)1 345 3851 130 6491 215 5081 035 997906 577
Employee costs374 605316 650295 952265 422248 969
Remuneration of councillors19 29819 01918 02417 36215 489
Depreciation and amortisation124 288135 560128 560144 109141 732
Finance charges133 322116 791132 53647 55087 000
Inventory consumed and bulk purchases704 438701 015567 920286 411325 613
Transfers and subsidies-----
Other expenditure559 931342 609366 3092 767 737251 960
Total Expenditure1 915 8821 631 6451 509 3013 528 5901 070 763
Surplus/(Deficit)(570 497)(500 996)(293 794)(2 492 593)(164 186)
Transfers and subsidies - capital (monetary allocations)223 173241 561150 368258 080303 435
Transfers and subsidies - capital (in-kind)-1 91415 537238-
Surplus/(Deficit) after capital transfers & contributions(347 324)(257 521)(127 889)(2 234 275)139 248
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(347 324)(257 521)(127 889)(2 234 275)139 248
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure293 59178 872104 149-5 383
Transfers recognised - capital288 62284 76694 241-2 147
Borrowing-----
Internally generated funds4 661(5 894)9 909-3 236
Total sources of capital funds293 28378 872104 149-5 383
FINANCIAL POSITION
Total current assets286 386883 384729 351847 566654 346
Total non current assets3 024 3512 884 7212 805 3202 832 9682 717 826
Total current liabilities2 519 1502 911 4862 475 1612 081 2551 883 053
Total non current liabilities156 47676 56080 163105 00589 077
Community wealth/Equity982 436945 517979 347(2 034 250)1 340 492
CASH FLOWS
Net cash from (used) operating1 112 629390 712(56 723)2 572 191927 205
Net cash from (used) investing(308 199)51 16042 763(173)(4 984)
Net cash from (used) financing-4492 401--
Cash/cash equivalents at the year end(608 252)501 65867 1462 581 692928 396
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a256 845233 344235 125413 256
Irregular expendituren/a17 88151 38250 96874 456
Fruitless & wasteful expendituren/a106 130119 23982 521162 401
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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.
ADVERTISEMENT
ADVERTISEMENT