ADVERTISEMENT

Siyathemba Local Municipality (NC077)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates27 49032 53330 69221 87025 681
Service charges51 78747 65145 36942 38947 691
Investment revenue74853648234631
Transfers recognised - operational54 29750 65847 84742 12970 243
Other own revenue54 07415 1489 9588 50212 226
Total Revenue (excluding capital transfers and contributions)188 397146 526134 348115 236155 871
Employee costs62 56160 73560 07756 81546 535
Remuneration of councillors4 5554 4344 4714 1833 721
Depreciation and amortisation22 35326 57628 35729 58719 483
Finance charges28 83723 01317 6126 4563 701
Inventory consumed and bulk purchases41 12741 28440 29543 39429 908
Transfers and subsidies-----
Other expenditure81 32760 45360 27549 14442 800
Total Expenditure240 761216 495211 087189 578146 148
Surplus/(Deficit)(52 364)(69 969)(76 738)(74 343)9 723
Transfers and subsidies - capital (monetary allocations)13 41721 9878 00024 89739 099
Transfers and subsidies - capital (in-kind)---26 975-
Surplus/(Deficit) after capital transfers & contributions(38 947)(47 983)(68 738)(22 471)48 822
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(38 947)(47 983)(68 738)(22 471)48 822
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure11 72218 5749 37224 905669 721
Transfers recognised - capital10 7298 0616 76024 905669 721
Borrowing-----
Internally generated funds-----
Total sources of capital funds10 7298 0616 76024 905669 721
FINANCIAL POSITION
Total current assets107 61886 11577 21175 50928 947
Total non current assets635 646613 839635 682654 490474 056
Total current liabilities385 530307 463265 760212 129(151 140)
Total non current liabilities36 04129 94343 41456 94035 969
Community wealth/Equity360 641410 530472 457483 400569 353
CASH FLOWS
Net cash from (used) operating(64 674)938 261601 527825 58799 188
Net cash from (used) investing-(9 223)(6 341)(28 964)(1)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(57 230)929 245600 830824 32899 186
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure80 76836 22644 599450 38567 158
Irregular expenditure24 82910 33952 0968 03169 698
Fruitless & wasteful expenditure30 58524 26913 35937 768112
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.
ADVERTISEMENT
ADVERTISEMENT