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Karoo Hoogland Local Municipality (NC066)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates6 4707 0246 8507 20910 090
Service charges22 64221 19620 58118 90918 238
Investment revenue880416199270762
Transfers recognised - operational36 03529 76332 76526 61123 598
Other own revenue3 1708 1785 0324 3034 520
Total Revenue (excluding capital transfers and contributions)69 19766 57765 42757 30157 207
Employee costs25 32626 86326 94725 06324 741
Remuneration of councillors4 7833 8132 6512 6332 986
Depreciation and amortisation11 83410 70012 19912 2427 657
Finance charges4 2183 7312 6252 909514
Inventory consumed and bulk purchases12 66115 30311 23510 8629 641
Transfers and subsidies2 55360175134195
Other expenditure32 09921 53520 09015 95213 520
Total Expenditure93 47382 00575 92169 79559 254
Surplus/(Deficit)(24 276)(15 429)(10 493)(12 494)(2 047)
Transfers and subsidies - capital (monetary allocations)22 35724 3148 98110 08728 520
Transfers and subsidies - capital (in-kind)726-1 487243-
Surplus/(Deficit) after capital transfers & contributions(1 193)8 885(26)(2 164)26 473
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(1 193)8 885(26)(2 164)26 473
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure16 0132 733-n/a(5 923)
Transfers recognised - capital15 550--n/a(5 955)
Borrowing---n/a-
Internally generated funds4632 733-n/a32
Total sources of capital funds16 0132 733-n/a(5 923)
FINANCIAL POSITION
Total current assets40 25931 08233 30223 54258 221
Total non current assets313 315305 701285 543290 167250 495
Total current liabilities65 44454 42551 84149 73859 640
Total non current liabilities2 6953 0063 2613 92058 847
Community wealth/Equity279 696270 467263 769262 214163 756
CASH FLOWS
Net cash from (used) operating620 49867 63833 85053 619-
Net cash from (used) investing(26 033)(3 164)(8 884)(13 509)114
Net cash from (used) financing----(345)
Cash/cash equivalents at the year end597 41873 06229 24146 069(157)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure29 577158 92810 8399 48012 396
Irregular expenditure2001 0948 5581 105347
Fruitless & wasteful expenditure4412 4511196
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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