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Joe Morolong Local Municipality (NC451)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditDisclaimer of auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates46 85934 02434 02447 55142 844
Service charges19 57849 08549 08522 25922 456
Investment revenue7 8426 2346 2342 0921 717
Transfers recognised - operational210 567181 714181 714167 803160 135
Other own revenue60 89715 45415 4547 01310 468
Total Revenue (excluding capital transfers and contributions)345 743286 511286 511246 718237 620
Employee costs114 84690 03190 03171 73163 573
Remuneration of councillors15 93413 63613 63611 65012 017
Depreciation and amortisation138 760122 519122 519123 019126 427
Finance charges538760760282244
Inventory consumed and bulk purchases46 07823 46823 46818 89115 567
Transfers and subsidies9 95344344317 18840 262
Other expenditure174 224137 897137 897356 82450 312
Total Expenditure500 334388 754388 754599 585308 402
Surplus/(Deficit)(154 591)(102 243)(102 243)(352 868)(70 782)
Transfers and subsidies - capital (monetary allocations)127 888121 534121 534109 914107 012
Transfers and subsidies - capital (in-kind)82929211 096-
Surplus/(Deficit) after capital transfers & contributions(26 621)19 38319 383(231 858)36 230
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(26 621)19 38319 383(231 858)36 230
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure182 145116 784116 194218 078114 771
Transfers recognised - capital95 180105 821105 230191 972113 114
Borrowing-----
Internally generated funds10 81810 96410 9647 8681 658
Total sources of capital funds105 998116 784116 194199 840114 771
FINANCIAL POSITION
Total current assets217 08625 893199 541132 707305 089
Total non current assets890 723(5 735)1 367 3171 366 2181 374 596
Total current liabilities64 721(6)67 70661 02758 044
Total non current liabilities13 7067817 0425 4374 647
Community wealth/Equity1 056 004-1 472 7271 664 3191 580 764
CASH FLOWS
Net cash from (used) operating(274 957)731 477731 477(291 996)992
Net cash from (used) investing(4 731)(14 573)(14 573)(5 502)-
Net cash from (used) financing-----
Cash/cash equivalents at the year end(244 732)716 904773 574(304 400)1 993
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure68 26515 501592 44724938 192
Irregular expenditure138 84211 646167 0884 0653 634
Fruitless & wasteful expenditure4846364 936107332
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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