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Kannaland Local Municipality (WC041)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aDisclaimer of auditQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates25 56225 89119 33716 69215 549
Service charges101 947102 39487 94186 19569 672
Investment revenue1 8451 2321 1501 014669
Transfers recognised - operational41 57641 70142 60140 06433 803
Other own revenue12 8287 3806 35812 84617 519
Total Revenue (excluding capital transfers and contributions)183 758178 600157 387156 810137 213
Employee costs81 64071 59866 65358 58855 504
Remuneration of councillors4 7463 1483 1843 1463 323
Depreciation & asset impairment13 95716 58812 03913 55126 698
Finance charges6 0694 2443 1884 3862 921
Materials and bulk purchases58 22054 28849 81343 11836 457
Transfers and grants255240246961 899
Other expenditure97 03461 38746 91144 51142 266
Total Expenditure261 921211 494182 033167 397169 068
Surplus/(Deficit)(78 163)(32 894)(24 646)(10 586)(31 855)
Transfers recognised - capital8 42618 88919 52421 60810 820
Contributions recognised - capital & contributed assets--34-382
Surplus/(Deficit) after capital transfers & contributions(69 737)(14 005)(5 088)11 022(20 653)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(69 737)(14 005)(5 088)11 022(20 653)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 04714 0528 49019 17818 776
Transfers recognised - capital17 42919 138(909)18 96216 125
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds(21 435)72661498985
Total sources of capital funds(4 007)19 864(295)19 06017 111
FINANCIAL POSITION
Total current assets(36 163)(12 141)(19 985)16 577(15 205)
Total non current assets317 657324 309314 30211 199(7 507)
Total current liabilities82 29240 08023 1697 859(5 271)
Total non current liabilities30 88933 88453 87613 9922 567
Community wealth/Equity251 141252 209222 359(5 096)645
CASH FLOWS
Net cash from (used) operating75 736130 076100 500--
Net cash from (used) investing(8 808)(7 293)-(36)36
Net cash from (used) financing----(10)
Cash/cash equivalents at the year end97 862171 583149 305(36)23
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a59 7346 69911 5254 123
Irregular expendituren/a5 08421 46017 95812 447
Fruitless & wasteful expendituren/a5 5823 4412 0281 571
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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