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Swartland Local Municipality (WC015)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates200 765163 175152 117141 486133 192
Service charges714 148630 655523 091522 402468 607
Investment revenue95 89984 76458 93935 48936 438
Transfers recognised - operational169 683171 662173 875173 492138 068
Other own revenue107 382128 78888 60174 57770 873
Total Revenue (excluding capital transfers and contributions)1 287 8781 179 044996 623947 446847 177
Employee costs339 021315 709291 892265 587247 048
Remuneration of councillors12 59812 00511 24010 92910 857
Depreciation and amortisation103 497111 90392 87897 55093 433
Finance charges9 90312 33515 65515 73813 954
Inventory consumed and bulk purchases468 421395 466341 642332 320284 045
Transfers and subsidies3 4864 4244 2463 7742 989
Other expenditure172 283177 876176 978186 385128 122
Total Expenditure1 109 2091 029 718934 531912 284780 449
Surplus/(Deficit)178 669149 32562 09235 16266 728
Transfers and subsidies - capital (monetary allocations)232 022113 47069 97647 16175 058
Transfers and subsidies - capital (in-kind)-3076 143--
Surplus/(Deficit) after capital transfers & contributions410 692263 102138 21282 323141 786
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year410 692263 102138 21282 323141 786
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure520 804314 058163 977174 902241 351
Transfers recognised - capital218 403113 48669 84146 90675 841
Borrowing-----
Internally generated funds116 468115 417118 792418 350142 246
Total sources of capital funds334 871228 902188 633465 256218 087
FINANCIAL POSITION
Total current assets990 846633 236861 367794 751751 363
Total non current assets2 912 4602 683 4832 234 4372 184 1642 104 640
Total current liabilities287 101130 320121 941132 06799 162
Total non current liabilities199 419180 345228 053224 232221 271
Community wealth/Equity3 416 7873 006 0552 745 8102 622 6162 535 569
CASH FLOWS
Net cash from (used) operating1 920 291982 0471 006 794299 485566 631
Net cash from (used) investing(297 852)(513 135)(134 931)(125 821)(15 848)
Net cash from (used) financing(3 489)(49 318)(14 012)(8 463)(1 086)
Cash/cash equivalents at the year end2 089 4411 141 6121 522 940805 4051 075 024
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--5 55611 71713 258
Irregular expenditure9 84913 870436-15 407
Fruitless & wasteful expenditure----11
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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