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Richtersveld Local Municipality (NC061)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates19 79618 69314 56118 00816 581
Service charges36 04221 01717 02224 44321 109
Investment revenue281512339260142
Transfers recognised - operational32 50634 16031 47622 96625 099
Other own revenue12 98617 12813 90413 5529 182
Total Revenue (excluding capital transfers and contributions)101 61191 50977 30279 22972 113
Employee costs43 16639 40535 31831 62829 975
Remuneration of councillors5 3475 3024 7033 8192 759
Depreciation and amortisation13 76513 04611 86211 031-
Finance charges8 3849 13610 8228 1205 420
Inventory consumed and bulk purchases24 21420 89918 48520 92418 492
Transfers and subsidies-----
Other expenditure27 41540 38923 71924 72228 040
Total Expenditure122 291128 177104 909100 24484 686
Surplus/(Deficit)(20 681)(36 668)(27 607)(21 016)(12 573)
Transfers and subsidies - capital (monetary allocations)18 00413 56517 69727 40111 041
Transfers and subsidies - capital (in-kind)-14666-36
Surplus/(Deficit) after capital transfers & contributions(2 677)(22 957)(9 844)6 386(1 496)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(2 677)(22 957)(9 844)6 386(1 496)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure17 71118 701173715 345
Transfers recognised - capital15 3105 831814-8 137
Borrowing-----
Internally generated funds2 345823-73 190
Total sources of capital funds17 6556 654814711 327
FINANCIAL POSITION
Total current assets39 374(896)(326)14 19222 184
Total non current assets219 477211 081213 651203 227192 819
Total current liabilities71 59185 86468 41362 76242 140
Total non current liabilities100 06559 41051 70341 52536 856
Community wealth/Equity89 87287 868103 053106 745137 503
CASH FLOWS
Net cash from (used) operating144 431(68 883)(64 226)(21 185)(2 031)
Net cash from (used) investing-(44)---
Net cash from (used) financing-----
Cash/cash equivalents at the year end144 693(47 101)(13 991)(13 379)(17 894)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure45 46614 83023 098161 97420 050
Irregular expenditure6084 0498 16639 1308 240
Fruitless & wasteful expenditure1 3543 2306 3175 100-
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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