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Overstrand Local Municipality (WC032)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Clean auditClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates339 596297 101278 154261 222240 914
Service charges1 001 922840 648825 796733 197699 549
Investment revenue68 41851 75131 88430 47648 146
Transfers recognised - operational191 359172 163152 046140 895122 922
Other own revenue166 288215 331188 869124 855183 283
Total Revenue (excluding capital transfers and contributions)1 767 5841 576 9941 476 7501 290 6461 294 815
Employee costs522 688480 939452 651436 029380 730
Remuneration of councillors12 73012 31511 53811 21911 282
Depreciation and amortisation153 790148 404147 004138 195134 556
Finance charges48 57148 15247 58448 80546 570
Inventory consumed and bulk purchases504 074404 638404 258343 314320 849
Transfers and subsidies16 51216 08612 7508 651500
Other expenditure494 436460 551422 908334 722305 125
Total Expenditure1 752 8011 571 0851 498 6941 320 9351 199 612
Surplus/(Deficit)14 7835 909(21 944)(30 290)95 203
Transfers and subsidies - capital (monetary allocations)92 97799 17540 27442 38137 611
Transfers and subsidies - capital (in-kind)21 2806 1302 06018 7579 384
Surplus/(Deficit) after capital transfers & contributions129 040111 21420 39030 848142 197
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year129 040111 21420 39030 848142 197
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure-----
Transfers recognised - capital----2 932
Borrowing-----
Internally generated funds----(2 932)
Total sources of capital funds-----
FINANCIAL POSITION
Total current assets918 7671 695 7861 506 5721 355 186210 765
Total non current assets4 189 2684 119 0243 946 5283 921 556110 329
Total current liabilities432 5251 274 1031 028 011899 699182 820
Total non current liabilities713 656707 060703 137678 212(4 358)
Community wealth/Equity3 938 1483 971 7743 721 9523 698 830142 631
CASH FLOWS
Net cash from (used) operating235 106709 785(221 731)105 431208
Net cash from (used) investing(198 385)(186 141)(6 234)(58 296)4 275
Net cash from (used) financing50 000-(10 511)--
Cash/cash equivalents at the year end733 2561 139 924374 247700 9494 483
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-26 06214 10814 254-
Irregular expenditure4 3412 3332401 4518 201
Fruitless & wasteful expenditure--27-1
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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