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Joe Morolong Local Municipality (NC451)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates48 65946 85934 02434 02447 551
Service charges27 20019 57849 08549 08522 259
Investment revenue4 7557 8426 2346 2342 092
Transfers recognised - operational200 982210 567181 475181 714167 803
Other own revenue54 88860 89715 45415 4547 013
Total Revenue (excluding capital transfers and contributions)336 485345 743286 272286 511246 718
Employee costs122 365116 12789 95690 03171 731
Remuneration of councillors14 97315 93413 63613 63611 650
Depreciation and amortisation133 412138 760122 519122 519123 019
Finance charges603538745760282
Inventory consumed and bulk purchases47 67146 07823 46823 46818 891
Transfers and subsidies9 0599 9531 40544317 188
Other expenditure126 291174 22590 115137 897356 824
Total Expenditure454 374501 615341 843388 754599 585
Surplus/(Deficit)(117 890)(155 872)(55 571)(102 243)(352 868)
Transfers and subsidies - capital (monetary allocations)121 344127 888114 306121 534109 914
Transfers and subsidies - capital (in-kind)96 63282929211 096
Surplus/(Deficit) after capital transfers & contributions100 087(27 902)58 82719 383(231 858)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year100 087(27 902)58 82719 383(231 858)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure352 204182 145115 822116 194218 078
Transfers recognised - capital164 90395 180104 858105 230191 972
Borrowing-----
Internally generated funds187 30210 81810 96410 9647 868
Total sources of capital funds352 204105 998115 822116 194199 840
FINANCIAL POSITION
Total current assets295 921217 086470 307199 541132 707
Total non current assets1 060 699892 7341 371 3061 367 3171 366 218
Total current liabilities101 14666 00273 38867 70661 027
Total non current liabilities16 09013 70612 2757 0425 437
Community wealth/Equity1 139 2961 058 0141 697 1221 472 7271 664 319
CASH FLOWS
Net cash from (used) operating(59 016)(274 957)(454 588)731 477(291 996)
Net cash from (used) investing-(2 561)(14 573)(14 573)(5 502)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(41 142)(242 562)(412 492)773 574(304 400)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure236 63068 26515 501592 447249
Irregular expenditure10 522138 84211 646167 0884 065
Fruitless & wasteful expenditure15 0414846364 936107
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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