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Gamagara Local Municipality (NC453)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates140 699138 856122 997117 03899 481
Service charges301 603335 566245 665229 731243 442
Investment revenue4724923465098
Transfers recognised - operational60 35868 60459 258134 79337 497
Other own revenue71 31148 09425 93643 0611 730
Total Revenue (excluding capital transfers and contributions)574 443591 612454 203525 132382 159
Employee costs212 444204 583199 362158 541131 872
Remuneration of councillors6 0995 7415 3515 5316 129
Depreciation & asset impairment54 71752 61761 10252 26745 418
Finance charges40 90520 64415 93825 67627 936
Materials and bulk purchases164 499166 340149 630135 744129 913
Transfers and grants71----
Other expenditure209 054117 18870 95058 23795 361
Total Expenditure687 788567 113502 334435 995436 629
Surplus/(Deficit)(113 345)24 499(48 132)89 136(54 471)
Transfers recognised - capital27 71213 49560 91441 31534 431
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(85 633)37 99412 783130 451(20 040)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(85 633)37 99412 783130 451(20 040)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure35 234128 906116 31832 794816
Transfers recognised - capital29 57966 21086 05614 960154
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds5 29762 98915 389--
Total sources of capital funds34 876129 199101 44514 960154
FINANCIAL POSITION
Total current assets12 734 00512 653 20312 492 70112 422 79412 356 904
Total non current assets1 502 6231 483 6771 490 2541 449 0431 343 505
Total current liabilities12 942 34212 777 89912 695 23912 622 90812 639 863
Total non current liabilities160 405158 810153 34282 03161 389
Community wealth/Equity1 133 8811 200 1721 121 5911 036 4471 019 197
CASH FLOWS
Net cash from (used) operating569 366507 845---
Net cash from (used) investing(24 646)(31 678)---
Net cash from (used) financing357(107)--(395)
Cash/cash equivalents at the year end564 330505 65829 59835 39610 636
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a745 68449 7964 78925 215
Irregular expendituren/a165 343673 691135 69034 513
Fruitless & wasteful expendituren/a77 7012 40024 79020 876
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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