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Prince Albert Local Municipality (WC052)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aFinancially unqualifiedClean auditFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates5 7545 0734 3804 0043 743
Service charges33 31131 76830 55227 80624 316
Investment revenue6 1834 0712 3472 3213 359
Transfers recognised - operational34 97134 78532 27233 47830 420
Other own revenue18 05711 60111 6507 9726 419
Total Revenue (excluding capital transfers and contributions)98 27587 29981 20275 58268 257
Employee costs34 38529 46023 57023 68922 921
Remuneration of councillors3 3243 0183 1423 1553 127
Depreciation and amortisation7 4437 0945 3635 4034 618
Finance charges3 2512 0971 940722674
Inventory consumed and bulk purchases18 01016 62516 36112 74112 861
Transfers and subsidies277490390320373
Other expenditure38 05136 19029 61125 62124 540
Total Expenditure104 74194 97580 37771 65169 114
Surplus/(Deficit)(6 466)(7 675)8253 931(857)
Transfers and subsidies - capital (monetary allocations)23 0466 83112 74617 83412 369
Transfers and subsidies - capital (in-kind)1 6881 465---
Surplus/(Deficit) after capital transfers & contributions18 26862113 57121 76511 511
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year18 26862113 57121 76511 511
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure26 02012 876(0)(0)374
Transfers recognised - capital19 3596 119(1 862)(4 199)5 697
Borrowing-----
Internally generated funds6 6606 7571 8621 433249
Total sources of capital funds26 02012 876(0)(2 766)5 946
FINANCIAL POSITION
Total current assets70 67263 86555 09659 60259 361
Total non current assets213 722195 337191 156184 706167 103
Total current liabilities33 59347 54535 47345 12650 531
Total non current liabilities31 7745 8015 9377 3397 083
Community wealth/Equity219 027205 855204 842191 843157 339
CASH FLOWS
Net cash from (used) operating189 111156 017232 830165 94530 731
Net cash from (used) investing(22 434)(9 742)(12 781)(15 537)(4 751)
Net cash from (used) financing-----
Cash/cash equivalents at the year end219 072192 137265 909202 34577 947
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a7 7274 7211 080508
Irregular expendituren/a1 694768433 501
Fruitless & wasteful expendituren/a-107947
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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