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Kgetlengrivier Local Municipality (NW374)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditDisclaimer of auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates11 3085 8315 7127 9537 325
Service charges58 11658 92051 39052 36518 216
Investment revenue1551186117782
Transfers recognised - operational140 292178 501162 364113 087125 993
Other own revenue27 33531 22517 26949 25034 846
Total Revenue (excluding capital transfers and contributions)237 206274 594236 796222 832186 462
Employee costs88 27683 56477 88066 49058 889
Remuneration of councillors6 5415 7775 8905 6294 715
Depreciation and amortisation31 08829 53322 36628 11923 354
Finance charges27 39214 5498 12015 7918 617
Inventory consumed and bulk purchases56 22360 85753 41239 17740 686
Transfers and subsidies1 5102 2401 6661 2961 376
Other expenditure119 18094 076110 914242 19573 900
Total Expenditure330 210290 596280 248398 697211 536
Surplus/(Deficit)(93 004)(16 002)(43 452)(175 865)(25 073)
Transfers and subsidies - capital (monetary allocations)63 764----
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(29 240)(16 002)(43 452)(175 865)(25 073)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(29 240)(16 002)(43 452)(175 865)(25 073)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure84 97734 597(1 154)73 95139 968
Transfers recognised - capital45 493(2 523)---
Borrowing-----
Internally generated funds1 5603 964---
Total sources of capital funds47 0531 441---
FINANCIAL POSITION
Total current assets104 626105 14356 13268 192207 543
Total non current assets664 860613 133572 598550 695602 563
Total current liabilities527 418401 672319 313280 548183 822
Total non current liabilities105 012101 390104 252124 776116 431
Community wealth/Equity137 056231 216205 165389 428534 927
CASH FLOWS
Net cash from (used) operating152 555307 344(533)124 37360 082
Net cash from (used) investing(43 881)----
Net cash from (used) financing----15 456
Cash/cash equivalents at the year end117 027309 193(533)124 37375 537
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure92 852126 214126 214154 40781 342
Irregular expenditure117 53788 784100 24785 55738 923
Fruitless & wasteful expenditure77 66015 791-8 4628 189
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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