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Msukaligwa Local Municipality (MP302)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Qualified auditAdverse auditAdverse auditAdverse auditQualified audit
FINANCIAL PERFORMANCE
Property rates126 006115 906107 806103 23592 621
Service charges374 921367 827325 351315 014285 028
Investment revenue9491 8533 1361 2031 287
Transfers recognised - operational226 918180 256157 248141 381124 505
Other own revenue70 47871 36754 51750 85461 374
Total Revenue (excluding capital transfers and contributions)799 272737 210648 058611 688564 815
Employee costs244 257230 898207 127187 226163 445
Remuneration of councillors16 05815 65115 14514 18112 999
Depreciation & asset impairment137 370129 549122 63879 24680 527
Finance charges103 37228 83434 76467 387-
Materials and bulk purchases362 635242 172306 844299 308308 709
Transfers and grants-21---
Other expenditure172 996207 505222 213192 355313 145
Total Expenditure1 036 687854 630908 731839 702878 824
Surplus/(Deficit)(237 415)(117 421)(260 673)(228 014)(314 009)
Transfers recognised - capital169 259117 17110 36772 05550 702
Contributions recognised - capital & contributed assets1 4801 650---
Surplus/(Deficit) after capital transfers & contributions(66 677)1 401(250 306)(155 959)(263 308)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(66 677)1 401(250 306)(155 959)(263 308)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 4423 80980 9051 33846 900
Transfers recognised - capital5 170-71 901-46 842
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds(1 728)3 8099 004-58
Total sources of capital funds3 4423 80980 905-46 900
FINANCIAL POSITION
Total current assets722 251575 872348 166230 868115 802
Total non current assets2 478 4492 450 5752 651 6601 775 0951 789 032
Total current liabilities1 944 2681 476 3611 179 9471 021 551729 223
Total non current liabilities78 30565 65261 60377 839113 078
Community wealth/Equity1 439 5941 485 2681 966 1111 062 5321 062 532
CASH FLOWS
Net cash from (used) operating250 798---29 970
Net cash from (used) investing(5 266)--162(46 690)
Net cash from (used) financing5 350-55115 569(367)
Cash/cash equivalents at the year end272 89724 780(53 436)72 7462 176
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure83 459141 12249 327-137 372
Irregular expenditure174 7682 520108 24494 133120 819
Fruitless & wasteful expenditure-74 18129 59239 74741 023
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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