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Msukaligwa Local Municipality (MP302)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates212 918203 786202 863181 646126 006
Service charges514 792443 415407 318394 104376 860
Investment revenue5 8886 0534 8541 098949
Transfers recognised - operational282 515436 704242 386207 661226 918
Other own revenue114 536125 550178 575122 06870 478
Total Revenue (excluding capital transfers and contributions)1 130 6491 215 5081 035 997906 577801 211
Employee costs316 650295 952265 422248 969244 257
Remuneration of councillors19 01918 02417 36215 48916 058
Depreciation and amortisation135 560128 560144 109141 732137 048
Finance charges116 791132 53647 55087 000103 372
Inventory consumed and bulk purchases701 015567 920286 411325 613362 631
Transfers and subsidies-----
Other expenditure342 609366 3092 767 737251 960172 743
Total Expenditure1 631 6451 509 3013 528 5901 070 7631 036 108
Surplus/(Deficit)(500 996)(293 794)(2 492 593)(164 186)(234 897)
Transfers and subsidies - capital (monetary allocations)241 561150 368258 080303 435169 259
Transfers and subsidies - capital (in-kind)1 91415 537238-1 480
Surplus/(Deficit) after capital transfers & contributions(257 521)(127 889)(2 234 275)139 248(64 158)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(257 521)(127 889)(2 234 275)139 248(64 158)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure78 872104 149-5 3833 442
Transfers recognised - capital84 76694 241-2 1475 170
Borrowing-----
Internally generated funds(5 894)9 909-3 236(1 728)
Total sources of capital funds78 872104 149-5 3833 442
FINANCIAL POSITION
Total current assets883 384729 351847 566654 346722 250
Total non current assets2 884 7212 805 3202 832 9682 717 8262 477 593
Total current liabilities2 911 4862 475 1612 081 2551 883 0531 937 901
Total non current liabilities76 56080 163105 00589 07778 305
Community wealth/Equity945 517979 347(2 034 250)1 340 4921 442 585
CASH FLOWS
Net cash from (used) operating390 712(56 723)2 572 191927 205250 798
Net cash from (used) investing51 16042 763(173)(4 984)(5 266)
Net cash from (used) financing4492 401--20
Cash/cash equivalents at the year end501 65867 1462 581 692928 396267 567
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure256 845233 344235 125413 25683 459
Irregular expenditure17 88151 38250 96874 456174 768
Fruitless & wasteful expenditure106 130119 23982 521162 401-
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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