Steve Tshwete Local Municipality (MP313)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Clean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates401 927358 277332 769309 754291 042
Service charges933 362797 504739 016729 866680 082
Investment revenue43 46151 89647 04947 86840 560
Transfers recognised - operational212 033186 293162 433141 123125 386
Other own revenue124 255113 943134 06888 33698 338
Total Revenue (excluding capital transfers and contributions)1 715 0371 507 9131 415 3361 316 9471 235 407
Employee costs584 093535 930468 103434 510363 305
Remuneration of councillors23 56222 74821 89119 58919 090
Depreciation & asset impairment246 766184 068154 472160 777160 712
Finance charges35 48521 57310 69410 7329 337
Materials and bulk purchases574 154502 340460 712439 970379 618
Transfers and grants1 7391 9281 8191 8235 202
Other expenditure360 778292 836262 057235 700254 800
Total Expenditure1 826 5781 561 4221 379 7491 303 1001 192 064
Surplus/(Deficit)(111 541)(53 509)35 58713 84743 343
Transfers recognised - capital85 72778 36152 635131 70357 059
Contributions recognised - capital & contributed assets12 66321 9125 010-61 135
Surplus/(Deficit) after capital transfers & contributions(13 151)46 76493 232145 550161 537
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(13 151)46 76493 232145 550161 537
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure453 875392 206268 129332 843274 433
Transfers recognised - capital94 29399 12352 433131 343119 019
Public contributions & donationsn/an/an/an/an/a
Borrowing148 91726 1727 329108 05986 450
Internally generated funds217 69412 70710 13993 44068 964
Total sources of capital funds460 904138 00269 900332 843274 433
FINANCIAL POSITION
Total current assets669 052832 387955 879854 195854 267
Total non current assets6 751 6746 681 0676 364 1046 262 3446 075 052
Total current liabilities164 067261 128262 224280 762268 573
Total non current liabilities618 809452 648315 966189 464182 502
Community wealth/Equity6 650 9446 752 9126 648 5626 646 3136 478 244
CASH FLOWS
Net cash from (used) operating1 244 157(200 347)1 084 836253 078271 162
Net cash from (used) investing(317 367)(352 993)(272 344)(244 827)(287 651)
Net cash from (used) financing(8 812)139 80792 149(4 813)(1 982)
Cash/cash equivalents at the year end1 173 453251 1671 470 50083 90280 463
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a28 51326 0331 4159 443
Irregular expendituren/a22 5458 38719 40431 700
Fruitless & wasteful expendituren/a69--1
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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