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Saldanha Bay Local Municipality (WC014)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates356 498327 316296 888260 793244 188
Service charges949 569854 622776 854741 275668 290
Investment revenue79 75576 85858 80535 90529 331
Transfers recognised - operational155 456151 967133 788128 507125 086
Other own revenue157 252150 339147 71486 75377 186
Total Revenue (excluding capital transfers and contributions)1 698 5291 561 1011 414 0481 253 2321 144 081
Employee costs524 082501 290467 046437 924425 232
Remuneration of councillors14 39513 99112 87412 69012 307
Depreciation and amortisation176 567166 693145 030137 493156 242
Finance charges19 79421 07621 71320 09917 848
Inventory consumed and bulk purchases587 272518 989454 073415 017356 922
Transfers and subsidies6001 4851 5171 3413 053
Other expenditure318 020270 752253 552205 137146 507
Total Expenditure1 640 7301 494 2761 355 8041 229 7001 118 112
Surplus/(Deficit)57 79966 82658 24423 53225 970
Transfers and subsidies - capital (monetary allocations)48 70243 19136 45939 78929 971
Transfers and subsidies - capital (in-kind)64 93220 50412 3023 66723 337
Surplus/(Deficit) after capital transfers & contributions171 434130 521107 00566 98879 278
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year171 434130 521107 00566 98879 278
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure284 015239 346217 429146 592221 551
Transfers recognised - capital44 48339 77033 05436 27850 431
Borrowing1 1023 8459 4028 2662 332
Internally generated funds173 497175 227162 69998 381168 789
Total sources of capital funds219 083218 842205 155142 925221 551
FINANCIAL POSITION
Total current assets1 222 5561 093 065979 825959 066835 015
Total non current assets3 114 3113 004 7742 940 6272 879 6842 895 731
Total current liabilities356 790302 941243 112243 286237 077
Total non current liabilities306 407292 660300 631320 280293 996
Community wealth/Equity3 673 6703 502 2373 376 7093 272 4083 199 673
CASH FLOWS
Net cash from (used) operating154 676240 031115 625161 7071 082 268
Net cash from (used) investing(197 455)(218 963)(191 408)(139 246)(183 383)
Net cash from (used) financing(9 057)(8 230)(7 255)17 750(12 153)
Cash/cash equivalents at the year end796 229794 484686 595705 134368 198
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-2 568---
Irregular expenditure-34 1171 1501 145428
Fruitless & wasteful expenditure1921-25
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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