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Maquassi Hills Local Municipality (NW404)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Adverse auditAdverse auditDisclaimer of auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates63 93966 39969 86351 33553 608
Service charges177 697172 224170 560181 685221 185
Investment revenue7721 2121 885623754
Transfers recognised - operational217 351206 981200 159184 755188 826
Other own revenue185 240195 193287 097107 87381 301
Total Revenue (excluding capital transfers and contributions)644 999642 008729 564526 271545 674
Employee costs123 553114 186100 25491 16786 951
Remuneration of councillors10 2908 8259 7168 9589 662
Depreciation and amortisation45 19950 083202 15259 68846 946
Finance charges23 46613 65215 9879 3134 355
Inventory consumed and bulk purchases204 142209 907160 791153 54868 594
Transfers and subsidies-----
Other expenditure397 767401 331289 890301 181351 085
Total Expenditure804 417797 985778 789623 855567 593
Surplus/(Deficit)(159 418)(155 976)(49 225)(97 584)(21 920)
Transfers and subsidies - capital (monetary allocations)30 49154 46034 21833 448805
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(128 927)(101 516)(15 007)(64 136)(21 114)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(128 927)(101 516)(15 007)(64 136)(21 114)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure58 546(1 956)68 27333 64541 279
Transfers recognised - capital58 545(11 426)64 70132 65640 973
Borrowing-----
Internally generated funds19 4703 572989307
Total sources of capital funds58 546(1 956)68 27333 64541 279
FINANCIAL POSITION
Total current assets283 229206 992161 868113 644309 840
Total non current assets1 671 4821 614 3801 604 8001 613 8661 091 416
Total current liabilities909 464667 844531 158418 386685 437
Total non current liabilities144 008160 487142 595123 49556 576
Community wealth/Equity1 017 6781 179 4811 428 7631 465 504872 548
CASH FLOWS
Net cash from (used) operating544 3741 084 106451 606379 734295 299
Net cash from (used) investing(58 546)1 956(68 273)(33 645)1 105
Net cash from (used) financing--(1 316)27 415-
Cash/cash equivalents at the year end489 0731 102 030394 901395 490320 938
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure235 910206 66423 9611 044 93732 996
Irregular expenditure5 14634 20524 933169 971109 910
Fruitless & wasteful expenditure13 2538 5827 83222 9682 698
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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