Greater Taung Local Municipality (NW394)

Financial Results

All values: R'0002018/192017/182016/172015/162014/15
AUDIT OUTCOME Audit not finalisedQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates1 13244 26330 00217 54917 331
Service charges(205)8 0907 7958 2577 557
Investment revenue(1 783)15 62212 4429 0115 886
Transfers recognised - operational-176 760168 560175 285137 738
Other own revenue71812 1604 5543 9832 725
Total Revenue (excluding capital transfers and contributions)(138)256 896223 352214 085171 237
Employee costs7 69674 81972 95671 59856 269
Remuneration of councillors1 57618 09215 65317 69115 294
Depreciation & asset impairment-27 69532 03917 85428 113
Finance charges-2 3031 5951 6351 531
Materials and bulk purchases41717 16717 63711 0669 835
Transfers and grants-9 30812 7426 7946 937
Other expenditure8 96772 17357 06238 61852 105
Total Expenditure18 656221 559209 684165 256170 084
Surplus/(Deficit)(18 794)35 33713 66948 8291 154
Transfers recognised - capital-46 66844 26533 17952 247
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(18 794)82 00657 93382 00853 400
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(18 794)82 00657 93382 00853 400
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure13 18588 657108 138104 58361 706
Transfers recognised - capital4 75446 66894 75293 28551 901
Public contributions & donationsn/a----
Borrowing-----
Internally generated funds8 43141 98913 38511 2999 805
Total sources of capital funds13 18588 657108 138104 58361 706
FINANCIAL POSITION
Total current assets(35 882)266 137222 435163 963133 025
Total non current assets13 185547 692515 408496 886469 688
Total current liabilities(3 903)61 52448 45431 48156 582
Total non current liabilities-24 94322 55320 46618 656
Community wealth/Equity-727 363666 835608 902527 475
CASH FLOWS
Net cash from (used) operating(19 135)393 17895 59062 85599 739
Net cash from (used) investing(22 821)(323 340)(51 037)(48 929)(62 492)
Net cash from (used) financing(1 522)(456)1 354(640)(714)
Cash/cash equivalents at the year end(43 478)231 327161 945116 038102 752
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-1174 82626 55410 016
Irregular expenditure7 38455 52222 89126 27654 731
Fruitless & wasteful expenditure109192 23215363
SOURCEAudited Outcome - C1 2020 Q3Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017

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