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Gamagara Local Municipality (NC453)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates160 339154 195140 699138 856122 997
Service charges367 616350 046301 603336 055245 665
Investment revenue470604472492346
Transfers recognised - operational69 434104 06060 35868 60459 258
Other own revenue75 11164 52771 31148 09425 936
Total Revenue (excluding capital transfers and contributions)672 970673 432574 443592 101454 203
Employee costs248 069242 467212 445204 583199 362
Remuneration of councillors6 7546 9576 0995 7415 351
Depreciation and amortisation52 50863 22054 71757 50561 102
Finance charges36 74419 97540 90520 64415 938
Inventory consumed and bulk purchases216 617193 588164 499166 340149 630
Transfers and subsidies514371--
Other expenditure225 043206 284203 997117 68870 950
Total Expenditure785 785732 535682 732572 500502 334
Surplus/(Deficit)(112 815)(59 103)(108 289)19 601(48 132)
Transfers and subsidies - capital (monetary allocations)28 28712 95527 71213 49560 914
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(84 528)(46 148)(80 577)33 09612 783
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(84 528)(46 148)(80 577)33 09612 783
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure57 74650 92522 80514 703116 318
Transfers recognised - capital31 45933 19825 4517 39886 056
Borrowing-----
Internally generated funds26 28717 727(2 496)9 95515 389
Total sources of capital funds57 74650 92522 95417 353101 445
FINANCIAL POSITION
Total current assets12 953 55912 891 20412 738 85312 639 16412 492 701
Total non current assets1 508 8871 514 3361 502 6661 509 4521 490 254
Total current liabilities13 003 76213 129 52012 942 13412 763 17112 695 239
Total non current liabilities414 576172 412160 405158 810153 342
Community wealth/Equity1 044 1091 103 6071 138 9801 226 6361 121 591
CASH FLOWS
Net cash from (used) operating812 488830 215864 835837 903-
Net cash from (used) investing(63 786)(24 036)(24 646)(31 678)-
Net cash from (used) financing590522---
Cash/cash equivalents at the year end763 602819 891853 379825 47829 598
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure91 85028 61817 973745 68449 796
Irregular expenditure68 856123 500142 915165 343673 691
Fruitless & wasteful expenditure38 05816 57938 03777 7012 400
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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