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Msukaligwa Local Municipality (MP302)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditAdverse audit
FINANCIAL PERFORMANCE
Property rates203 786202 863181 646126 006115 906
Service charges446 941407 318394 104376 860367 827
Investment revenue6 0534 8541 0989491 853
Transfers recognised - operational269 760242 386207 661226 918180 256
Other own revenue127 787178 575122 06870 47871 367
Total Revenue (excluding capital transfers and contributions)1 054 3271 035 997906 577801 211737 210
Employee costs296 624265 422248 969244 257230 898
Remuneration of councillors10 30717 36215 48916 05815 651
Depreciation and amortisation129 124144 109141 732137 048129 549
Finance charges132 50399 03287 000103 37228 834
Inventory consumed and bulk purchases567 738407 789325 613362 631319 921
Transfers and subsidies1 040---21
Other expenditure370 836297 415251 960172 743207 505
Total Expenditure1 508 1711 231 1301 070 7631 036 108932 379
Surplus/(Deficit)(453 844)(195 133)(164 186)(234 897)(195 170)
Transfers and subsidies - capital (monetary allocations)150 368258 080303 435169 259117 171
Transfers and subsidies - capital (in-kind)15 537238-1 4801 650
Surplus/(Deficit) after capital transfers & contributions(287 939)63 185139 248(64 158)(76 348)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(287 939)63 185139 248(64 158)(76 348)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure104 14905 3833 4423 809
Transfers recognised - capital94 241-2 1475 170-
Borrowing-----
Internally generated funds9 90903 236(1 728)3 809
Total sources of capital funds104 14905 3833 4423 809
FINANCIAL POSITION
Total current assets1 135 397848 862654 346722 250587 534
Total non current assets2 822 5542 832 9682 717 8262 477 5932 450 575
Total current liabilities2 517 0952 086 2451 883 0531 937 9011 565 773
Total non current liabilities80 163105 00589 07778 30565 652
Community wealth/Equity1 629 8411 632 6731 340 4921 442 5851 485 268
CASH FLOWS
Net cash from (used) operating594 1421 151 181927 205250 798-
Net cash from (used) investing(68 491)(173)(4 984)(5 266)(162)
Net cash from (used) financing2 401--20-
Cash/cash equivalents at the year end606 7571 160 682928 396267 56724 618
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a235 125413 25683 459141 122
Irregular expendituren/a50 96874 456174 7682 520
Fruitless & wasteful expendituren/a82 521162 401-74 181
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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