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Beaufort West Local Municipality (WC053)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates45 66245 48442 00739 56436 239
Service charges140 673131 052121 140125 25399 321
Investment revenue2 121541192284616
Transfers recognised - operational92 21581 64389 88277 62077 530
Other own revenue64 07642 69749 56550 853n/a
Total Revenue (excluding capital transfers and contributions)344 747301 417302 787293 573303 321
Employee costs122 441124 977122 961116 205106 439
Remuneration of councillors6 2666 1736 2286 286608
Depreciation and amortisation20 84724 29921 32122 67928 731
Finance charges11 37811 38411 3707 7155 887
Inventory consumed and bulk purchases91 73090 74784 15475 04763 088
Transfers and subsidies588500615510671
Other expenditure125 84169 203107 499108 34014 419
Total Expenditure379 090327 283354 149336 781260 929
Surplus/(Deficit)(34 343)(25 866)(51 362)(43 208)595
Transfers and subsidies - capital (monetary allocations)52 31414 81222 44628 17530 103
Transfers and subsidies - capital (in-kind)2 965794--30 698
Surplus/(Deficit) after capital transfers & contributions20 936(10 260)(28 916)(15 033)n/a
Share of surplus/(deficit) of associate----n/a
Surplus/(Deficit) for the year20 936(10 260)(28 916)(15 033)30 698
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure50 74127 823(0)26 423n/a
Transfers recognised - capital48 82926 1127 3279 107n/a
Borrowing----n/a
Internally generated funds1 9121 710(7 327)2 644n/a
Total sources of capital funds50 74127 823(0)11 751n/a
FINANCIAL POSITION
Total current assets146 574174 604100 79671 90559 517
Total non current assets466 800436 672541 489558 564539 648
Total current liabilities210 665231 716159 221112 57273 987
Total non current liabilities50 60550 53746 93954 40362 196
Community wealth/Equity330 824339 284465 041463 494462 983
CASH FLOWS
Net cash from (used) operating2 457 160398 3401 926 959(104)14 243
Net cash from (used) investing(51 763)(17 715)(19 948)(5 092)(27 328)
Net cash from (used) financing(759)(613)--(4 280)
Cash/cash equivalents at the year end2 420 389401 2281 924 6128 243(12 421)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a146 586103 89917 5981 881
Irregular expendituren/a8 30123 27375 59568 473
Fruitless & wasteful expendituren/a10 17431 242-
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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