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Victor Khanye Local Municipality (MP311)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates109 80792 66285 93678 43873 138
Service charges280 546226 421230 903250 404218 461
Investment revenue1 637763402429598
Transfers recognised - operational143 890131 228116 808128 315103 750
Other own revenue152 855107 999114 483129 506128 616
Total Revenue (excluding capital transfers and contributions)688 735559 072548 532587 092524 564
Employee costs192 679176 955169 348151 490147 634
Remuneration of councillors9 3648 5228 0838 3588 300
Depreciation and amortisation60 97964 61545 55655 56870 700
Finance charges92 95194 76648 40031 23540 944
Inventory consumed and bulk purchases260 816207 409209 938188 891226 872
Transfers and subsidies-----
Other expenditure385 028236 765319 229177 867262 065
Total Expenditure1 001 817789 031800 555613 409756 515
Surplus/(Deficit)(313 082)(229 959)(252 022)(26 318)(231 951)
Transfers and subsidies - capital (monetary allocations)57 12952 97626 13422 38024 912
Transfers and subsidies - capital (in-kind)24 28331 2232 2226 83048 011
Surplus/(Deficit) after capital transfers & contributions(231 670)(145 760)(223 666)2 892(159 028)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(231 670)(145 760)(223 666)2 892(159 028)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure103 99058 14527 08542 81790 761
Transfers recognised - capital96 48758 33524 16326 14350 674
Borrowing-----
Internally generated funds7 502(1 694)1 71911 52711 507
Total sources of capital funds103 98956 64125 88237 67062 181
FINANCIAL POSITION
Total current assets622 362565 425398 607352 989264 798
Total non current assets1 053 647958 453970 948992 6161 013 348
Total current liabilities1 678 8941 375 8421 089 482845 391675 441
Total non current liabilities57 61251 83350 98347 45739 151
Community wealth/Equity4 079111 738229 060339 695722 583
CASH FLOWS
Net cash from (used) operating213 040203 92387 460112 347692 320
Net cash from (used) investing(75 836)(42 475)(23 278)(38 774)(26 972)
Net cash from (used) financing-----
Cash/cash equivalents at the year end142 074167 05367 949(129 084)642 610
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure289 03510 841241 72360 489104 711
Irregular expenditure221 743118 494169 199121 93050 860
Fruitless & wasteful expenditure85 14487 055103 509-38 004
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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