Victor Khanye Local Municipality (MP311)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Qualified auditDisclaimer of auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates73 38769 980197 30767 79665 042
Service charges208 973188 240181 319-201 561
Investment revenue5981 6142581 2211 017
Transfers recognised - operational103 75088 96886 98483 281116 286
Other own revenue117 64564 14962 452317 61764 484
Total Revenue (excluding capital transfers and contributions)504 352412 951528 320469 914448 390
Employee costs146 621133 382138 509126 110108 722
Remuneration of councillors8 3003 7147 6926 9156 624
Depreciation & asset impairment69 02766 52576 79468 59065 584
Finance charges40 9448912 9891 1541 626
Materials and bulk purchases226 872228 341168 770132 216156 232
Transfers and grants---1 2614 939
Other expenditure258 598349 06788 102101 137119 959
Total Expenditure750 362781 920482 855437 383463 687
Surplus/(Deficit)(246 010)(368 970)45 46532 531(15 297)
Transfers recognised - capital24 91224 47727 02228 226-
Contributions recognised - capital & contributed assets47 9602 140-14 747-
Surplus/(Deficit) after capital transfers & contributions(173 138)(342 353)72 48775 504(15 297)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(173 138)(342 353)72 48775 504(15 297)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure90 65354 85727 13738 84357 233
Transfers recognised - capital50 68221 95727 03029 47045 904
Public contributions & donationsn/an/a-n/an/a
Borrowing-----
Internally generated funds11 49832 5361079 37311 329
Total sources of capital funds62 18054 49327 13738 84357 233
FINANCIAL POSITION
Total current assets799 419238 001417 617209 95691 881
Total non current assets964 6311 008 4871 025 0261 076 8391 167 465
Total current liabilities709 155607 658208 74899 342113 052
Total non current liabilities84 9893 83977 04173 37372 563
Community wealth/Equity1 143 045977 3441 156 8531 114 0801 073 731
CASH FLOWS
Net cash from (used) operating693 432(297 659)(57 497)32 222(13 770)
Net cash from (used) investing(25 298)(21 120)52 267(33 628)(39 036)
Net cash from (used) financing981 7814 100(2 276)(3 088)
Cash/cash equivalents at the year end676 152(314 972)8 7479 876(42 316)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-32 69616 557112 029
Irregular expendituren/a15 5299 08114 72517 169
Fruitless & wasteful expendituren/a22 4846 3562 6211 303
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - C1 2019 Q2Audited Outcome - A1 2020Audited Outcome - A1 2019

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.