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Moretele Local Municipality (NW371)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates31 08928 86228 78138 94544 801
Service charges62 46661 07957 20349 67448 511
Investment revenue28 02131 61722 04910 8137 155
Transfers recognised - operational481 397455 986421 953382 652551 098
Other own revenue29 68618 28432 37117 62111 798
Total Revenue (excluding capital transfers and contributions)632 658595 828562 357499 706663 362
Employee costs167 342156 654142 738133 712127 758
Remuneration of councillors23 98123 25621 57821 21919 956
Depreciation and amortisation67 726134 455108 09355 259124 329
Finance charges134 06781 229101 994105 633349
Inventory consumed and bulk purchases59 54555 43963 70066 16128 569
Transfers and subsidies-----
Other expenditure348 652291 328255 134245 940229 175
Total Expenditure801 312742 361693 238627 924530 136
Surplus/(Deficit)(168 654)(146 533)(130 880)(128 219)133 226
Transfers and subsidies - capital (monetary allocations)209 679144 320196 587189 74484 358
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions41 024(2 213)65 70661 526217 584
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year41 024(2 213)65 70661 526217 584
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure267 593133 489128 10242 7044 129
Transfers recognised - capital194 947121 618125 70746 32194 124
Borrowing-----
Internally generated funds72 64511 8712 562(1 660)3 214
Total sources of capital funds267 593133 489128 26944 66197 339
FINANCIAL POSITION
Total current assets308 797362 861342 803366 363268 624
Total non current assets1 672 5311 545 6761 279 5411 196 1841 154 466
Total current liabilities225 763187 420180 389221 044200 237
Total non current liabilities8 2367 8987 3566 468461
Community wealth/Equity1 747 3291 713 2191 434 5991 335 0351 222 394
CASH FLOWS
Net cash from (used) operating508 121344 103389 115694 2851 236
Net cash from (used) investing(233 076)(169 616)(207 694)(171 192)(165 271)
Net cash from (used) financing-----
Cash/cash equivalents at the year end546 699460 315453 139779 6007 600
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure85 62996 241119 300709 53072 597
Irregular expenditure4 79010 12827 95546 11347 192
Fruitless & wasteful expenditure7661 2531 80617 103941
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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