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Kannaland Local Municipality (WC041)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Disclaimer of auditDisclaimer of auditDisclaimer of auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates28 50428 00825 56225 89119 337
Service charges131 751124 861101 947102 39487 941
Investment revenue1 4791 7621 8451 2321 150
Transfers recognised - operational56 60372 74641 57641 70142 601
Other own revenue23 57422 55212 8287 3806 358
Total Revenue (excluding capital transfers and contributions)241 910249 930183 758178 600157 387
Employee costs114 55093 64980 91771 59866 653
Remuneration of councillors4 2643 9563 2733 1483 184
Depreciation and amortisation40 07817 79913 95716 58812 039
Finance charges6794 1856 0694 2443 188
Inventory consumed and bulk purchases67 05765 42058 22054 28849 813
Transfers and subsidies589396255240246
Other expenditure11 551107 83466 56661 38746 911
Total Expenditure238 767293 240229 258211 494182 033
Surplus/(Deficit)3 144(43 310)(45 500)(32 894)(24 646)
Transfers and subsidies - capital (monetary allocations)18 62716 6118 42618 88919 524
Transfers and subsidies - capital (in-kind)3---34
Surplus/(Deficit) after capital transfers & contributions21 773(26 699)(37 074)(14 005)(5 088)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year21 773(26 699)(37 074)(14 005)(5 088)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure21 48733 0263 0475018 490
Transfers recognised - capital21 02721 74717 23119 138(909)
Borrowing-----
Internally generated funds37411 279(21 238)(12 825)614
Total sources of capital funds21 40133 026(4 007)6 313(295)
FINANCIAL POSITION
Total current assets103 94419 001(7 319)(12 141)(19 985)
Total non current assets645 600309 530300 118316 535314 302
Total current liabilities232 08790 83074 80549 31323 169
Total non current liabilities88 30847 14054 21633 88453 876
Community wealth/Equity429 149190 560163 779221 197222 359
CASH FLOWS
Net cash from (used) operating123 49059 15775 759130 076100 500
Net cash from (used) investing(18 713)(14 311)(8 528)(7 293)-
Net cash from (used) financing-----
Cash/cash equivalents at the year end126 14065 57598 165171 583149 305
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--11 61559 7346 699
Irregular expenditure55 96320 1177 2405 08421 460
Fruitless & wasteful expenditure9 932-3 3015 5823 441
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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