Beaufort West Local Municipality (WC053)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Disclaimer of auditQualified auditQualified auditDisclaimer of auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates46 605036 23628 32226 584
Service charges123 653(3 056)32 200102 53897 609
Investment revenue2847-1 3391 883
Transfers recognised - operational74 96416556 56962 56696 002
Other own revenue54 5985 99513 53877 73972 686
Total Revenue (excluding capital transfers and contributions)300 1033 111138 543272 503294 765
Employee costs116 5828 19831 85787 71879 880
Remuneration of councillors5 3884531 9564 9514 522
Depreciation & asset impairment25 0171 6936 36716 03115 226
Finance charges7 6064428666 5905 719
Materials and bulk purchases74 7424 91724 49863 95880 445
Transfers and grants945-27127235
Other expenditure117 80611 75815 000110 152135 444
Total Expenditure348 08627 46080 814289 672321 271
Surplus/(Deficit)(47 984)(24 349)57 729(17 168)(26 507)
Transfers recognised - capital25 3257 703(31 030)44 61414 556
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(22 659)(16 645)26 69927 446(11 950)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(22 659)(16 645)26 69927 446(11 950)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(3 095)8 89178 60053 36218 524
Transfers recognised - capital(3 095)8 7903 34943 74414 319
Public contributions & donationsn/an/an/an/an/a
Borrowing---6 8982 509
Internally generated funds-101-2 7201 696
Total sources of capital funds(3 095)8 8913 34953 36218 524
FINANCIAL POSITION
Total current assets249 898(13 037)471 13254 68557 668
Total non current assets374 3687 290248 584477 129471 681
Total current liabilities101 20711 215174 88665 20156 501
Total non current liabilities64 159(317)26 41363 47466 291
Community wealth/Equity481 558-491 719403 140406 557
CASH FLOWS
Net cash from (used) operating-(24 396)-39 84124 212
Net cash from (used) investing(8)(22 822)22 821(52 290)(18 599)
Net cash from (used) financing(1 833)(1 461)1 5102 518(1 200)
Cash/cash equivalents at the year end14 587(57 509)28 3686 63716 569
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 88120 46025 47227 683
Irregular expendituren/a68 47352 22635 9801 046
Fruitless & wasteful expendituren/a-5621 01645
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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