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Laingsburg Local Municipality (WC051)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Adverse auditAdverse auditAdverse auditAdverse auditQualified audit
FINANCIAL PERFORMANCE
Property rates5 6575 0255 1634 6574 454
Service charges33 74927 67817 96123 10320 173
Investment revenue1 6171 265381280285
Transfers recognised - operational26 36032 06523 57224 45029 026
Other own revenue34 08538 41219 7584 88122 730
Total Revenue (excluding capital transfers and contributions)101 469104 44466 83457 37176 669
Employee costs35 47333 34226 04030 40129 731
Remuneration of councillors3 6773 6072 7663 1723 104
Depreciation and amortisation12 98513 3615 399-7 096
Finance charges3 4702 5180751 083
Inventory consumed and bulk purchases15 59414 07311 00014 26612 290
Transfers and subsidies98-15178336
Other expenditure46 42753 52923 03812 74739 881
Total Expenditure117 722120 43068 25860 83893 521
Surplus/(Deficit)(16 253)(15 986)(1 424)(3 467)(16 853)
Transfers and subsidies - capital (monetary allocations)28 24841 51011 8339 60721 200
Transfers and subsidies - capital (in-kind)----116
Surplus/(Deficit) after capital transfers & contributions11 99525 52310 4096 1394 463
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year11 99525 52310 4096 1394 463
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure23 75522 49312 04722 37643 292
Transfers recognised - capital49 91757 75911 87422 37640 239
Borrowing-----
Internally generated funds--173-(1)
Total sources of capital funds49 91757 75912 04722 37640 238
FINANCIAL POSITION
Total current assets37 08119 00428 74512 07728 460
Total non current assets332 466324 723221 220210 947199 946
Total current liabilities28 68420 72025 62232 23742 665
Total non current liabilities35 41439 52724 79713 61413 121
Community wealth/Equity305 450283 480199 546171 034168 157
CASH FLOWS
Net cash from (used) operating24 40333 65220 512104 00630 149
Net cash from (used) investing(20 881)(36 237)(10 560)(7 866)2
Net cash from (used) financing(184)51--(2)
Cash/cash equivalents at the year end10 048(57)4 81468 482(24 110)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure6 91825 03538 10030 53510 299
Irregular expenditure26 27145 1253 7215 40013 861
Fruitless & wasteful expenditure1 9001 5446821 633729
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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