Kai !Garib Local Municipality (NC082)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates17 44917 14415 55613 73017 614
Service charges93 708103 42496 99281 13076 833
Investment revenue205241201130262
Transfers recognised - operational68 56759 27152 99655 35152 456
Other own revenue19 56620 99213 74911 6349 539
Total Revenue (excluding capital transfers and contributions)199 495201 071179 494161 976156 704
Employee costs105 73297 33192 66286 26678 422
Remuneration of councillors6 5866 0405 6514 9614 704
Depreciation & asset impairment32 45139 09335 80144 13672 545
Finance charges32 69630 68411 9402 9132 320
Materials and bulk purchases58 28958 85052 42952 21345 543
Transfers and grants15516 80811 3109 57710 908
Other expenditure50 84363 44652 47648 14438 820
Total Expenditure286 752312 253262 269248 211253 261
Surplus/(Deficit)(87 257)(111 182)(82 776)(86 235)(96 557)
Transfers recognised - capital27 03329 02521 29425 07727 816
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(60 224)(82 157)(61 481)(61 158)(68 741)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(60 224)(82 157)(61 481)(61 158)(68 741)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure-n/a44 24753 40753 396
Transfers recognised - capital-n/a21 29425 07727 816
Public contributions & donations-n/a---
Borrowing-n/a---
Internally generated funds-n/a22 95328 33025 580
Total sources of capital funds-n/a44 24753 40753 396
FINANCIAL POSITION
Total current assets53 43573 43166 61040 10240 185
Total non current assets770 862762 259765 288765 594852 186
Total current liabilities311 848251 747175 556152 94288 783
Total non current liabilities92 99579 77170 01264 72459 302
Community wealth/Equity419 454504 173586 330588 031744 285
CASH FLOWS
Net cash from (used) operating36 463(53 719)(24 949)64 557(4 976)
Net cash from (used) investing(42 029)(78 342)(21 119)(112 181)(101 313)
Net cash from (used) financing4 9026 121(750)787(2 750)
Cash/cash equivalents at the year end255(124 736)(45 693)(84 581)(94 480)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure76 532n/a62 73463 23470 679
Irregular expenditure7 765n/a11 6835 12211 184
Fruitless & wasteful expenditure19 980n/a9 5961 277544
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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