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Phokwane Local Municipality (NC094)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates40 85439 41640 00230 32929 591
Service charges194 759174 677147 032154 903140 578
Investment revenue1 1726531 2111 6231 119
Transfers recognised - operational146 879139 510130 399118 276136 916
Other own revenue91 56289 8376 80843 75936 621
Total Revenue (excluding capital transfers and contributions)475 225444 093325 452348 889344 825
Employee costs127 516122 127114 64596 26688 978
Remuneration of councillors8 1688 1887 8137 0344 330
Depreciation and amortisation67 29557 85158 75967 55259 483
Finance charges75 50726 07137 04420 36914 223
Inventory consumed and bulk purchases238 157230 763216 004191 994135 674
Transfers and subsidies1 5401 1539661 023964
Other expenditure290 541194 070199 194149 167181 832
Total Expenditure808 723640 223634 424533 405485 484
Surplus/(Deficit)(333 498)(196 131)(308 972)(184 516)(140 659)
Transfers and subsidies - capital (monetary allocations)50 64173 34245 69922 87813 634
Transfers and subsidies - capital (in-kind)-7 294---
Surplus/(Deficit) after capital transfers & contributions(282 857)(115 495)(263 274)(161 637)(127 025)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(282 857)(115 495)(263 274)(161 637)(127 025)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure31 289(8 231)66 36636 69745 817
Transfers recognised - capital44 35367 83563 01423 21115 256
Borrowing-----
Internally generated funds(82)6 8513 35213 48630 561
Total sources of capital funds44 27174 68666 36636 69745 817
FINANCIAL POSITION
Total current assets1 927 062402 229247 832262 214225 635
Total non current assets1 120 0741 153 3941 135 5811 195 5891 237 781
Total current liabilities928 2671 086 339808 580636 897508 273
Total non current liabilities381 04041 918165 595152 996151 821
Community wealth/Equity1 819 439427 365409 237667 9101 300 350
CASH FLOWS
Net cash from (used) operating439 594323 840225 600191 17092 837
Net cash from (used) investing(54 527)(74 813)(82 273)(34 521)(30 213)
Net cash from (used) financing----208
Cash/cash equivalents at the year end346 547254 123171 583198 937104 527
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure252 158342 116333 5631 308 858n/a
Irregular expenditure-18 86334 11734 644n/a
Fruitless & wasteful expenditure69 67320 98322 29551 274n/a
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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