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Overstrand Local Municipality (WC032)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates367 109339 596297 101278 154261 222
Service charges1 116 3291 001 922840 648825 796733 197
Investment revenue73 16068 41851 75131 88430 476
Transfers recognised - operational199 017191 359172 163152 046140 895
Other own revenue198 264166 288215 331188 869124 855
Total Revenue (excluding capital transfers and contributions)1 953 8781 767 5841 576 9941 476 7501 290 646
Employee costs531 381522 688480 939452 651436 029
Remuneration of councillors13 33212 73012 31511 53811 219
Depreciation and amortisation152 838153 790148 404147 004138 195
Finance charges48 76748 57148 15247 58448 805
Inventory consumed and bulk purchases533 086504 074404 638404 258343 314
Transfers and subsidies16 71616 51216 08612 7508 651
Other expenditure527 749494 436460 551422 908334 722
Total Expenditure1 823 8681 752 8011 571 0851 498 6941 320 935
Surplus/(Deficit)130 01014 7835 909(21 944)(30 290)
Transfers and subsidies - capital (monetary allocations)72 98992 97799 17540 27442 381
Transfers and subsidies - capital (in-kind)4 00321 2806 1302 06018 757
Surplus/(Deficit) after capital transfers & contributions207 001129 040111 21420 39030 848
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year207 001129 040111 21420 39030 848
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure-----
Transfers recognised - capital-----
Borrowing-----
Internally generated funds-----
Total sources of capital funds-----
FINANCIAL POSITION
Total current assets1 178 762918 7731 695 7861 506 5721 355 186
Total non current assets4 051 1414 189 2684 119 0243 946 5283 921 556
Total current liabilities420 580432 5311 274 1031 028 011899 699
Total non current liabilities641 008713 656707 060703 137678 212
Community wealth/Equity4 168 3163 961 8543 971 7743 721 9523 698 830
CASH FLOWS
Net cash from (used) operating(1 016 287)237 225712 503(221 731)105 431
Net cash from (used) investing(135 710)(198 385)(186 141)(6 234)(58 296)
Net cash from (used) financing62 36850 000-(10 511)-
Cash/cash equivalents at the year end(412 971)735 3751 142 642374 247700 949
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--26 06214 10814 254
Irregular expenditure3 3494 3412 3332401 451
Fruitless & wasteful expenditure---27-
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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