ADVERTISEMENT

Prince Albert Local Municipality (WC052)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditFinancially unqualifiedFinancially unqualifiedClean auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates5 9415 7545 0734 3804 004
Service charges31 40433 31131 76830 55227 806
Investment revenue5 4126 1834 0712 3472 321
Transfers recognised - operational35 76032 71434 80432 27233 478
Other own revenue23 82620 01911 60111 6507 972
Total Revenue (excluding capital transfers and contributions)102 34397 98187 31881 20275 582
Employee costs36 84934 38529 46023 57023 689
Remuneration of councillors3 5253 3243 0183 1423 155
Depreciation and amortisation5 1827 4437 0945 3635 403
Finance charges3 2243 2512 0971 940722
Inventory consumed and bulk purchases20 66118 01016 62516 36112 741
Transfers and subsidies760277490390320
Other expenditure38 97638 05136 19029 61125 621
Total Expenditure109 176104 74194 97580 37771 651
Surplus/(Deficit)(6 833)(6 760)(7 657)8253 931
Transfers and subsidies - capital (monetary allocations)23 33923 0466 83112 74617 834
Transfers and subsidies - capital (in-kind)1 5411 6881 465--
Surplus/(Deficit) after capital transfers & contributions18 04717 97463913 57121 765
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year18 04717 97463913 57121 765
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure32 173(0)-(0)(0)
Transfers recognised - capital21 041(3 966)(2 390)(1 862)(4 199)
Borrowing-----
Internally generated funds11 1323 9662 3901 8621 433
Total sources of capital funds32 173(0)-(0)(2 766)
FINANCIAL POSITION
Total current assets64 70470 67263 86555 09659 602
Total non current assets238 184213 722195 337191 156184 706
Total current liabilities33 36534 86447 54535 47345 126
Total non current liabilities35 29531 7745 8015 9377 339
Community wealth/Equity234 228217 756205 855204 842191 843
CASH FLOWS
Net cash from (used) operating138 841275 717203 410232 830165 945
Net cash from (used) investing(24 851)(22 434)(9 742)(12 781)(15 537)
Net cash from (used) financing-----
Cash/cash equivalents at the year end172 258311 551246 063265 909202 345
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure67219 1357 7274 7211 080
Irregular expenditure8435 1241 69476843
Fruitless & wasteful expenditure5945-10794
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.
ADVERTISEMENT
ADVERTISEMENT