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Richtersveld Local Municipality (NC061)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates18 69314 56118 00816 58137 704
Service charges21 01717 02224 44321 10924 513
Investment revenue512339260142169
Transfers recognised - operational34 16031 47622 96625 09930 860
Other own revenue17 22713 90413 5529 1825 996
Total Revenue (excluding capital transfers and contributions)91 60877 30279 22972 11399 242
Employee costs39 40535 31831 62829 97530 631
Remuneration of councillors5 3024 7033 8192 7592 697
Depreciation and amortisation13 03611 86211 031-9 433
Finance charges9 13610 8228 1205 4203 313
Inventory consumed and bulk purchases20 89918 48520 92418 49216 016
Transfers and subsidies----23
Other expenditure40 24323 71924 72228 04029 423
Total Expenditure128 021104 909100 24484 68691 536
Surplus/(Deficit)(36 412)(27 607)(21 016)(12 573)7 706
Transfers and subsidies - capital (monetary allocations)13 56517 69727 40111 0417 555
Transfers and subsidies - capital (in-kind)14666-3637
Surplus/(Deficit) after capital transfers & contributions(22 702)(9 844)6 386(1 496)15 298
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(22 702)(9 844)6 386(1 496)15 298
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure18 651173715 34535 641
Transfers recognised - capital5 832814-8 13741 673
Borrowing-----
Internally generated funds823-73 190(26 670)
Total sources of capital funds6 655814711 32715 003
FINANCIAL POSITION
Total current assets(896)(326)14 19222 18441 992
Total non current assets210 852213 651203 227192 819179 474
Total current liabilities85 86468 41362 76242 14024 057
Total non current liabilities59 41051 70341 52536 85631 000
Community wealth/Equity87 384103 053106 745137 503151 111
CASH FLOWS
Net cash from (used) operating(68 883)(64 226)(21 185)(2 031)(1 536)
Net cash from (used) investing(44)----
Net cash from (used) financing-----
Cash/cash equivalents at the year end(47 101)(13 991)(13 379)(17 894)(995)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a23 098161 97420 05018 581
Irregular expendituren/a8 16639 1308 2407 218
Fruitless & wasteful expendituren/a6 3175 100-1 030
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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