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Steve Tshwete Local Municipality (MP313)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Clean auditClean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates428 629401 927358 277332 769309 754
Service charges962 465933 362797 504739 016729 866
Investment revenue19 90643 46151 89647 04947 868
Transfers recognised - operational264 769212 033186 293162 433141 123
Other own revenue133 913124 255113 943134 06888 336
Total Revenue (excluding capital transfers and contributions)1 809 6821 715 0371 507 9131 415 3361 316 947
Employee costs649 857584 093535 930468 103434 510
Remuneration of councillors23 20123 56222 74821 89119 589
Depreciation & asset impairment209 086246 766193 402154 472160 777
Finance charges37 63035 48521 57310 69410 732
Materials and bulk purchases619 614574 154502 340460 712439 970
Transfers and grants2 3421 7391 9281 8191 823
Other expenditure330 647360 778381 221262 057235 700
Total Expenditure1 872 3781 826 5781 659 1421 379 7491 303 100
Surplus/(Deficit)(62 696)(111 541)(151 228)35 58713 847
Transfers recognised - capital157 63385 72778 36152 635131 703
Contributions recognised - capital & contributed assets42 99112 66321 9125 010-
Surplus/(Deficit) after capital transfers & contributions137 928(13 151)(50 956)93 232145 550
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year137 928(13 151)(50 956)93 232145 550
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure696 754463 278382 803268 129332 843
Transfers recognised - capital195 60595 79297 62352 433131 343
Public contributions & donationsn/an/an/an/an/a
Borrowing238 932148 94826 1427 329108 059
Internally generated funds261 282217 69412 70710 13993 440
Total sources of capital funds695 819462 434136 47269 900332 843
FINANCIAL POSITION
Total current assets658 885663 920835 317955 879854 195
Total non current assets7 211 2326 886 6656 547 2656 364 1046 262 344
Total current liabilities496 824147 873280 849262 224280 762
Total non current liabilities595 154618 425453 032315 966189 464
Community wealth/Equity6 845 7196 797 3816 699 6576 648 5626 646 313
CASH FLOWS
Net cash from (used) operating1 344 7791 269 1151 202 7921 084 836253 078
Net cash from (used) investing(616 710)(312 193)(109 356)(70 119)(244 827)
Net cash from (used) financing(23 759)(4 311)135 93292 149(4 813)
Cash/cash equivalents at the year end819 3871 208 0871 692 8281 672 72583 902
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure107 01456 24428 51326 0331 415
Irregular expenditure-2 08622 5458 38719 404
Fruitless & wasteful expenditure71-69--
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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