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Rustenburg Local Municipality (NW373)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates521 602493 535772 693412 887378 140
Service charges2 901 0924 319 9834 158 7913 134 0862 776 898
Investment revenue53 63835 80623 08117 27224 538
Transfers recognised - operational1 619 6191 355 403952 759872 559680 945
Other own revenue904 460676 996625 505547 982701 264
Total Revenue (excluding capital transfers and contributions)6 000 4116 881 7236 532 8294 984 7854 561 786
Employee costs843 070818 576753 539760 508753 984
Remuneration of councillors65 28562 04359 11560 40655 957
Depreciation and amortisation339 691396 971566 134347 718347 298
Finance charges79 04758 01859 44969 94689 507
Inventory consumed and bulk purchases2 418 7823 682 8383 498 3012 521 6392 086 480
Transfers and subsidies58770868 15274219 990
Other expenditure2 807 5452 066 7251 699 0271 413 7681 189 105
Total Expenditure6 554 0067 085 8786 703 7165 174 7264 542 321
Surplus/(Deficit)(553 596)(204 155)(170 888)(189 941)19 464
Transfers and subsidies - capital (monetary allocations)344 908241 169214 223436 368537 759
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(208 688)37 01443 335246 426557 223
Share of surplus/(deficit) of associate5 76335 95713 05219 519-
Surplus/(Deficit) for the year(202 924)72 97156 387265 945557 223
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure331 41015 222 67014 918 23914 808 06014 586 222
Transfers recognised - capital296 6563 470 2003 176 6473 029 7162 806 482
Borrowing-1 516 6551 650 1381 621 3991 622 031
Internally generated funds34 75410 235 81410 091 45410 156 23310 157 230
Total sources of capital funds331 41015 222 67014 918 23914 807 34814 585 743
FINANCIAL POSITION
Total current assets1 360 0511 172 2291 266 6171 016 8091 094 995
Total non current assets8 668 7928 413 5028 518 7338 522 3318 644 883
Total current liabilities2 444 5282 277 7762 235 4581 953 3052 023 108
Total non current liabilities291 068334 542499 558502 982512 226
Community wealth/Equity7 496 1716 827 4716 937 5596 816 9086 647 321
CASH FLOWS
Net cash from (used) operating32 073 95817 999 5047 051 1255 125 9423 144 565
Net cash from (used) investing(11)(11)-1 554(2 736)
Net cash from (used) financing-----
Cash/cash equivalents at the year end31 674 46217 608 1766 715 3265 158 2703 172 604
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure10 42448 039723 506--
Irregular expenditure318 251379 255326 368614 594571 112
Fruitless & wasteful expenditure1182 54935 5874 47825 553
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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