Msukaligwa Local Municipality (MP302)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Adverse auditAdverse auditAdverse auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates115 906107 806103 23592 62181 095
Service charges367 827325 351315 014285 028273 288
Investment revenue1 8533 1361 2031 2871 191
Transfers recognised - operational180 256157 248135 225124 505120 429
Other own revenue71 36754 51750 85461 37459 354
Total Revenue (excluding capital transfers and contributions)737 210648 058605 532564 815535 358
Employee costs230 898207 127187 226163 445152 862
Remuneration of councillors15 65115 14514 18112 99912 290
Depreciation & asset impairment129 549122 63880 07080 52794 496
Finance charges28 83434 76467 387-58 142
Materials and bulk purchases242 172306 844304 009308 709222 407
Transfers and grants21----
Other expenditure207 505222 213191 792313 145198 490
Total Expenditure854 630908 731844 665878 824738 687
Surplus/(Deficit)(117 421)(260 673)(239 133)(314 009)(203 329)
Transfers recognised - capital117 17110 36710 00050 70246 288
Contributions recognised - capital & contributed assets1 650----
Surplus/(Deficit) after capital transfers & contributions1 401(250 306)(229 133)(263 308)(157 040)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year1 401(250 306)(229 133)(263 308)(157 040)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 80980 9051 33846 90046 289
Transfers recognised - capital-71 901-46 84246 289
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds3 8099 004-58-
Total sources of capital funds3 80980 905-46 90046 289
FINANCIAL POSITION
Total current assets575 872348 166123 254115 802114 683
Total non current assets2 450 5752 651 660(28 082)1 789 0321 842 124
Total current liabilities1 476 3611 179 947313 630729 223516 864
Total non current liabilities65 65261 60323 076113 07882 097
Community wealth/Equity1 485 2681 966 111(12 401)1 062 5321 357 847
CASH FLOWS
Net cash from (used) operating-(670 282)-29 97033 286
Net cash from (used) investing-162-(46 690)(42 657)
Net cash from (used) financing3 35714 4361 684(367)(1 323)
Cash/cash equivalents at the year end28 137(709 672)58 9032 17619 264
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a49 327-137 37271 440
Irregular expendituren/a108 24494 133120 819143 745
Fruitless & wasteful expendituren/a29 59239 74741 02347 221
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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