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Matzikama Local Municipality (WC011)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditClean auditFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates52 47651 34149 55050 99652 730
Service charges293 991249 179211 021208 745183 739
Investment revenue2 0681 7291 419794285
Transfers recognised - operational104 13099 09090 12385 08882 298
Other own revenue105 40668 84448 68227 19635 135
Total Revenue (excluding capital transfers and contributions)558 072470 183400 795372 819354 187
Employee costs181 460173 059171 536170 134166 637
Remuneration of councillors8 2138 2387 5617 3547 264
Depreciation and amortisation24 73023 86125 80330 97219 639
Finance charges22 08328 97028 16617 83910 659
Inventory consumed and bulk purchases169 693148 792138 837145 662122 631
Transfers and subsidies2 1332 0021 7471 8881 614
Other expenditure118 52997 30686 12977 91658 764
Total Expenditure526 840482 229459 779451 763387 208
Surplus/(Deficit)31 232(12 046)(58 985)(78 945)(33 021)
Transfers and subsidies - capital (monetary allocations)86 05345 80639 33268 60353 140
Transfers and subsidies - capital (in-kind)4311 9592 1691 954-
Surplus/(Deficit) after capital transfers & contributions117 32745 719(17 483)(8 387)20 119
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year117 32745 719(17 483)(8 387)20 119
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure89 605(0)48 549-(0)
Transfers recognised - capital39 1211 66239 332322(336)
Borrowing--1 201--
Internally generated funds50 4411 8195 846(1 295)336
Total sources of capital funds89 5623 48246 379(973)(0)
FINANCIAL POSITION
Total current assets184 523141 11294 43266 41050 041
Total non current assets1 031 774946 779922 537881 270827 992
Total current liabilities246 276217 810190 668193 077(345 278)
Total non current liabilities167 902184 164180 639109 731106 204
Community wealth/Equity802 118685 917645 662644 872639 766
CASH FLOWS
Net cash from (used) operating(149 839)495 20673 274197 152(19 888)
Net cash from (used) investing(86 475)(42 305)(43 253)(68 439)(39 050)
Net cash from (used) financing(1 246)----
Cash/cash equivalents at the year end(235 134)455 32750 360149 052(43 681)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure345--14 4806 000
Irregular expenditure129 00259 82585 18761 57330 019
Fruitless & wasteful expenditure-6 31614 6847 2261 808
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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