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Hessequa Local Municipality (WC042)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates140 197130 038119 965112 850101 568
Service charges365 374320 500296 734299 238266 894
Investment revenue46 30543 38629 34119 38014 048
Transfers recognised - operational68 05363 78567 55765 11763 358
Other own revenue148 402156 253138 704136 17986 255
Total Revenue (excluding capital transfers and contributions)768 330713 963652 300632 764532 122
Employee costs230 661217 045209 043195 261186 776
Remuneration of councillors9 1288 4718 4137 9307 839
Depreciation and amortisation44 24842 60543 40939 03226 605
Finance charges21 68122 03520 63019 48815 131
Inventory consumed and bulk purchases227 444199 891181 453173 364148 975
Transfers and subsidies2 6131 8351 8493 4451 973
Other expenditure153 821164 309140 147134 487112 067
Total Expenditure689 597656 191604 943573 007499 366
Surplus/(Deficit)78 73357 77347 35759 75732 757
Transfers and subsidies - capital (monetary allocations)161 09645 29534 54273 80020 738
Transfers and subsidies - capital (in-kind)591438270123108
Surplus/(Deficit) after capital transfers & contributions240 420103 50582 169133 68053 603
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year240 420103 50582 169133 68053 603
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure237 139123 23184 150114 54695 037
Transfers recognised - capital142 81842 67432 24172 52720 133
Borrowing--34 499-55 643
Internally generated funds93 72980 12016 29242 01819 261
Total sources of capital funds236 547122 79383 033114 54695 037
FINANCIAL POSITION
Total current assets529 808572 920487 055429 329414 223
Total non current assets1 460 4951 250 9761 139 3241 093 984977 092
Total current liabilities158 301217 433136 308122 522133 160
Total non current liabilities259 658271 477271 473260 855255 199
Community wealth/Equity1 572 3451 334 9851 218 5981 139 9361 002 956
CASH FLOWS
Net cash from (used) operating1 295 910754 505392 634448 6111 171 967
Net cash from (used) investing(235 881)(122 378)(82 798)(110 877)(95 033)
Net cash from (used) financing945(4 275)37 909(3 558)90 000
Cash/cash equivalents at the year end1 548 4951 042 766710 422682 8451 422 566
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-5 4725 854-2 631
Irregular expenditure106135 4122121
Fruitless & wasteful expenditure1211---
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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