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Prince Albert Local Municipality (WC052)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aClean auditFinancially unqualifiedClean auditClean audit
FINANCIAL PERFORMANCE
Property rates5 0734 3804 0043 743-
Service charges31 76830 55227 80624 31620 023
Investment revenue4 0712 3472 3213 3592 785
Transfers recognised - operational34 78532 27233 47830 42025 574
Other own revenue9 17411 6507 9726 4197 982
Total Revenue (excluding capital transfers and contributions)84 87281 20275 58268 25756 365
Employee costs29 46023 57023 68922 92112 119
Remuneration of councillors3 0183 1423 1553 1273 033
Depreciation and amortisation7 0945 3635 4034 6185 274
Finance charges2 0971 9407226741 199
Inventory consumed and bulk purchases15 95716 36112 74112 86111 168
Transfers and subsidies490390320373386
Other expenditure33 75129 61125 62124 54025 194
Total Expenditure91 86780 37771 65169 11458 374
Surplus/(Deficit)(6 995)8253 931(857)(2 009)
Transfers and subsidies - capital (monetary allocations)6 83112 74617 83412 3698 942
Transfers and subsidies - capital (in-kind)1 465---1 602
Surplus/(Deficit) after capital transfers & contributions1 30113 57121 76511 5118 535
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year1 30113 57121 76511 5118 535
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure12 876(0)(0)3742 823
Transfers recognised - capital6 119(1 862)(4 199)5 697315
Borrowing-----
Internally generated funds6 7571 8621 433249376
Total sources of capital funds12 876(0)(2 766)5 946692
FINANCIAL POSITION
Total current assets63 87655 09659 60259 36141 750
Total non current assets195 337191 156184 706167 103148 795
Total current liabilities46 87735 47345 12650 53132 391
Total non current liabilities5 8015 9377 3397 0836 719
Community wealth/Equity206 535204 842191 843157 339142 898
CASH FLOWS
Net cash from (used) operating155 501232 830165 94530 731-
Net cash from (used) investing(9 742)(12 781)(15 537)(4 751)-
Net cash from (used) financing----41
Cash/cash equivalents at the year end191 620265 909202 34577 94733 125
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a4 7211 080508684
Irregular expendituren/a768433 5018 416
Fruitless & wasteful expendituren/a10794728
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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