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Rustenburg Local Municipality (NW373)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates981 374772 693412 887378 140353 910
Service charges4 319 9834 158 7913 134 0862 776 8982 991 159
Investment revenue35 80623 08117 27224 53825 696
Transfers recognised - operational1 355 403952 759872 559680 9451 156 353
Other own revenue676 996625 505547 982701 264n/a
Total Revenue (excluding capital transfers and contributions)7 369 5616 532 8294 984 7854 561 7864 865
Employee costs818 576753 539760 508753 984724 916
Remuneration of councillors62 04359 11560 40655 95753 751
Depreciation and amortisation396 971566 134347 718347 298454 064
Finance charges58 01859 44969 94689 50773 902
Inventory consumed and bulk purchases3 682 8383 498 3012 521 6392 086 4802 428 611
Transfers and subsidies70868 15274219 9902 820
Other expenditure2 066 7251 699 0271 413 7681 189 105230 937
Total Expenditure7 085 8786 703 7165 174 7264 542 3215 318 678
Surplus/(Deficit)283 683(170 888)(189 941)19 464(453 220)
Transfers and subsidies - capital (monetary allocations)241 169214 223436 368537 759n/a
Transfers and subsidies - capital (in-kind)----n/a
Surplus/(Deficit) after capital transfers & contributions524 85343 335246 426557 223(427 786)
Share of surplus/(deficit) of associate35 95713 05219 519-n/a
Surplus/(Deficit) for the year560 81056 387265 945557 223(727 786)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure15 204 22814 918 23914 808 06014 586 222n/a
Transfers recognised - capital3 470 2003 176 6473 029 7162 806 482n/a
Borrowing1 516 6551 650 1381 621 3991 622 031n/a
Internally generated funds10 235 81410 091 45410 156 23310 157 230n/a
Total sources of capital funds15 222 67014 918 23914 807 34814 585 743n/a
FINANCIAL POSITION
Total current assets1 172 2291 266 6171 016 8091 094 995835 040
Total non current assets8 413 5028 518 7338 522 3318 644 8839 066 140
Total current liabilities2 277 7762 235 4581 953 3052 023 1081 879 213
Total non current liabilities334 542499 558502 982512 226675 309
Community wealth/Equity5 851 7936 937 5596 816 9086 647 3217 346 658
CASH FLOWS
Net cash from (used) operating17 999 5047 051 1255 125 9423 144 5651 153 901
Net cash from (used) investing(90)1201 554(2 736)(658 624)
Net cash from (used) financing----(124 770)
Cash/cash equivalents at the year end17 608 0966 715 4465 158 2703 172 604601 141
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a723 506--1 036 181
Irregular expendituren/a326 368614 594571 112919 774
Fruitless & wasteful expendituren/a35 5874 47825 553793
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
Annual Report 2019

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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