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Kai !Garib Local Municipality (NC082)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates30 32830 03734 383n/a21 441
Service charges159 283128 648154 051n/a112 684
Investment revenue855949n/a140
Transfers recognised - operational132 261258 816105 983n/a109 727
Other own revenue21 11727 13314 124n/a7 526
Total Revenue (excluding capital transfers and contributions)343 074444 693308 591n/a251 518
Employee costs168 564154 583143 208n/a131 162
Remuneration of councillors8 4267 5458 215n/a7 189
Depreciation and amortisation34 94635 639-n/a34 503
Finance charges77 11845 7560n/a20 159
Inventory consumed and bulk purchases128 715112 04525 448n/a86 025
Transfers and subsidies---n/a-
Other expenditure158 890193 93073 257n/a120 504
Total Expenditure576 660549 498250 129n/a399 542
Surplus/(Deficit)(233 586)(104 805)58 463n/a(148 024)
Transfers and subsidies - capital (monetary allocations)20 53329 41910 563n/a26 873
Transfers and subsidies - capital (in-kind)31 014-n/a54
Surplus/(Deficit) after capital transfers & contributions(213 050)(74 372)69 025n/a(121 096)
Share of surplus/(deficit) of associate---n/a-
Surplus/(Deficit) for the year(213 050)(74 372)69 025n/a(121 096)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure25 13829 96141 90329 71111 828
Transfers recognised - capital22 02731 08238 65325 6649 630
Borrowing-----
Internally generated funds2 8097872 8573 6542 016
Total sources of capital funds24 83631 86941 51029 31811 646
FINANCIAL POSITION
Total current assets178 577129 881174 41656 19854 644
Total non current assets934 190944 486998 036981 607970 550
Total current liabilities844 185677 349824 976755 196603 097
Total non current liabilities511 549474 13376 39979 78183 045
Community wealth/Equity(29 916)(2 744)202 051202 828460 149
CASH FLOWS
Net cash from (used) operating(718 897)1 769 0572 126 727-6
Net cash from (used) investing-13 006(7 629)-7 743
Net cash from (used) financing-----
Cash/cash equivalents at the year end(716 839)1 782 6012 120 0019028 509
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure212 045206 438121 0701 070 570138 390
Irregular expenditure7 9359 11969 61385 693116 154
Fruitless & wasteful expenditure37 98135 08959 649157 39313 304
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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