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Laingsburg Local Municipality (WC051)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aAdverse auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates5 1804 6574 4544 1743 910
Service charges22 40023 10320 17318 83617 264
Investment revenue415280285599856
Transfers recognised - operational29 82524 45029 02624 20223 464
Other own revenue52 5304 88122 73034 01034 053
Total Revenue (excluding capital transfers and contributions)110 35057 37176 66981 82079 548
Employee costs31 58730 40129 73125 29123 125
Remuneration of councillors3 3183 1723 1043 1293 032
Depreciation and amortisation12 258-7 0965 8516 398
Finance charges2 767751 0831 834872
Inventory consumed and bulk purchases13 27914 26612 29011 04110 100
Transfers and subsidies12178336398814
Other expenditure69 79912 74739 88141 27544 929
Total Expenditure133 02260 83893 52188 81889 270
Surplus/(Deficit)(22 672)(3 467)(16 853)(6 998)(9 722)
Transfers and subsidies - capital (monetary allocations)23 8879 60721 2006 29219 268
Transfers and subsidies - capital (in-kind)--116--
Surplus/(Deficit) after capital transfers & contributions1 2156 1394 463(706)9 545
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year1 2156 1394 463(706)9 545
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure134 22022 37643 29223 16335 369
Transfers recognised - capital107 34022 37640 23920 30712 852
Borrowing-----
Internally generated funds--(1)-311
Total sources of capital funds107 34022 37640 23820 30713 162
FINANCIAL POSITION
Total current assets17 25212 07728 46024 35319 853
Total non current assets288 734210 947199 946186 970192 717
Total current liabilities21 51332 23742 66539 55820 947
Total non current liabilities26 09913 61413 1215 3495 473
Community wealth/Equity269 465171 034168 157167 123176 605
CASH FLOWS
Net cash from (used) operating7 563104 00630 149-(40)
Net cash from (used) investing(16 370)(7 868)2(3)(31)
Net cash from (used) financing(45)-(2)-613
Cash/cash equivalents at the year end(13 990)68 479(24 110)7482 165
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a30 53510 2994 1673 467
Irregular expendituren/a5 40013 86114 36623 632
Fruitless & wasteful expendituren/a1 633729197128
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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