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Gamagara Local Municipality (NC453)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates154 195140 699138 856122 997117 038
Service charges350 046301 603336 055245 665229 731
Investment revenue604472492346509
Transfers recognised - operational104 06060 35868 60459 258134 793
Other own revenue64 52771 31148 09425 93643 061
Total Revenue (excluding capital transfers and contributions)673 432574 443592 101454 203525 132
Employee costs242 467212 444204 583199 362158 541
Remuneration of councillors6 9576 0995 7415 3515 531
Depreciation and amortisation63 22054 71757 50561 10252 267
Finance charges19 97540 90520 64415 93825 676
Inventory consumed and bulk purchases193 588164 499166 340149 630135 744
Transfers and subsidies4371---
Other expenditure206 284209 054117 68870 95058 237
Total Expenditure732 535687 788572 500502 334435 995
Surplus/(Deficit)(59 103)(113 345)19 601(48 132)89 136
Transfers and subsidies - capital (monetary allocations)12 95527 71213 49560 91441 315
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(46 148)(85 633)33 09612 783130 451
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(46 148)(85 633)33 09612 783130 451
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure50 92535 23414 703116 31832 794
Transfers recognised - capital33 19829 5797 39886 05614 960
Borrowing-----
Internally generated funds17 7275 2979 95515 389-
Total sources of capital funds50 92534 87617 353101 44514 960
FINANCIAL POSITION
Total current assets12 891 20412 734 00512 639 16412 492 70112 422 794
Total non current assets1 514 3361 502 6231 509 4521 490 2541 449 043
Total current liabilities13 129 52012 942 34212 763 17112 695 23912 622 908
Total non current liabilities172 412160 405158 810153 34282 031
Community wealth/Equity1 103 6071 133 8811 226 6361 121 5911 036 447
CASH FLOWS
Net cash from (used) operating830 215569 366837 903--
Net cash from (used) investing(24 036)(24 646)(31 678)--
Net cash from (used) financing5221 016---
Cash/cash equivalents at the year end819 891564 990825 47829 59835 396
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure28 61817 973745 68449 7964 789
Irregular expenditure123 500142 915165 343673 691135 690
Fruitless & wasteful expenditure16 57938 03777 7012 40024 790
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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