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Overstrand Local Municipality (WC032)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates386 031367 109339 596297 101278 154
Service charges1 196 0191 116 2711 001 922840 648825 796
Investment revenue73 79073 16068 41851 75131 884
Transfers recognised - operational195 904199 017191 359172 163152 046
Other own revenue174 365198 264166 288215 331188 869
Total Revenue (excluding capital transfers and contributions)2 026 1091 953 8211 767 5841 576 9941 476 750
Employee costs606 160531 381522 688480 939452 651
Remuneration of councillors14 35013 33212 73012 31511 538
Depreciation and amortisation160 816152 838153 790148 404147 004
Finance charges44 58248 76748 57148 15247 584
Inventory consumed and bulk purchases622 048533 086504 074404 638404 258
Transfers and subsidies16 77016 71616 51216 08612 750
Other expenditure526 723527 749494 436460 551422 908
Total Expenditure1 991 4491 823 8681 752 8011 571 0851 498 694
Surplus/(Deficit)34 660129 95214 7835 909(21 944)
Transfers and subsidies - capital (monetary allocations)103 26472 98992 97799 17540 274
Transfers and subsidies - capital (in-kind)11 0474 00321 2806 1302 060
Surplus/(Deficit) after capital transfers & contributions148 971206 944129 040111 21420 390
Income Tax---n/an/a
Surplus/(Deficit) after Income Tax148 971206 944129 040n/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year148 971206 944129 040111 21420 390
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure231 186----
Transfers recognised - capital103 264----
Borrowing84 520----
Internally generated funds43 358----
Total sources of capital funds231 142----
FINANCIAL POSITION
Total current assets1 233 4481 178 796918 7731 695 7861 506 572
Total non current assets4 118 7494 051 1414 189 2684 119 0243 946 528
Total current liabilities346 903420 660432 5311 274 1031 028 011
Total non current liabilities722 151641 008713 656707 060703 137
Community wealth/Equity4 283 1444 168 2703 961 8543 971 7743 721 952
CASH FLOWS
Net cash from (used) operating(1 102 750)(1 015 219)240 257712 503(221 731)
Net cash from (used) investing(254 438)(135 710)(198 385)(186 141)(6 234)
Net cash from (used) financing(103 227)62 36850 000-(10 511)
Cash/cash equivalents at the year end(525 450)(411 903)738 4071 142 642374 247
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a--26 06214 108
Irregular expendituren/a3 3494 3412 333240
Fruitless & wasteful expendituren/a---27
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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