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Swartland Local Municipality (WC015)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aClean auditClean auditClean auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates152 117141 486133 192125 025115 715
Service charges523 091522 402468 607454 719406 226
Investment revenue58 93935 48936 43845 64940 151
Transfers recognised - operational173 875173 492138 068126 219130 618
Other own revenue88 60174 57770 87359 19561 892
Total Revenue (excluding capital transfers and contributions)996 623947 446847 177810 806754 602
Employee costs291 892265 587247 048219 470193 002
Remuneration of councillors11 24010 92910 85710 89110 369
Depreciation and amortisation92 87897 55093 43388 46585 908
Finance charges15 65515 73813 95414 45314 479
Inventory consumed and bulk purchases341 642332 320284 045255 339220 249
Transfers and subsidies4 2463 7742 9893 8792 565
Other expenditure176 978186 385128 122153 599160 307
Total Expenditure934 531912 284780 449746 095686 879
Surplus/(Deficit)62 09235 16266 72864 71167 724
Transfers and subsidies - capital (monetary allocations)69 97647 16175 05860 24045 838
Transfers and subsidies - capital (in-kind)6 143--3 5601 215
Surplus/(Deficit) after capital transfers & contributions138 21282 323141 786128 511114 777
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year138 21282 323141 786128 511114 777
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure163 977174 902241 351121 29788 176
Transfers recognised - capital69 84146 90675 84162 10646 088
Borrowing-----
Internally generated funds118 792418 350142 24658 83640 564
Total sources of capital funds188 633465 256218 087120 94286 652
FINANCIAL POSITION
Total current assets861 367794 751751 363737 940647 888
Total non current assets2 234 4372 184 1642 104 6401 988 4511 968 338
Total current liabilities121 941132 06799 162115 087112 234
Total non current liabilities228 053224 232221 271217 521228 192
Community wealth/Equity2 745 8102 622 6162 535 5692 393 7832 275 800
CASH FLOWS
Net cash from (used) operating1 006 794299 485566 6311 114 715(269)
Net cash from (used) investing(134 895)(125 864)(15 848)3 064(1 258)
Net cash from (used) financing(14 012)(9 654)(1 086)-991
Cash/cash equivalents at the year end1 522 976804 1711 075 0241 643 107460 264
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a11 71713 2581 1079 667
Irregular expendituren/a-15 40732 8619 053
Fruitless & wasteful expendituren/a-11225
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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