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Walter Sisulu Local Municipality (EC145)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditAdverse auditDisclaimer of auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates50 35348 86243 38631 22723 114
Service charges180 364150 298145 467146 941114 001
Investment revenue1 6217593411 3481 098
Transfers recognised - operational81 15475 55281 04871 02460 088
Other own revenue40 05030 78526 67024 57423 147
Total Revenue (excluding capital transfers and contributions)353 543306 258296 913275 113221 447
Employee costs114 547105 66398 82089 42683 938
Remuneration of councillors9 2778 5048 3078 3728 039
Depreciation and amortisation34 49525 66447 54829 957-
Finance charges45 96635 8538 8223 94622 899
Inventory consumed and bulk purchases132 638128 240106 59999 77889 104
Transfers and subsidies54199(420)18 49950
Other expenditure72 43854 371106 379112 41745 803
Total Expenditure409 416358 493376 054362 394249 834
Surplus/(Deficit)(55 873)(52 235)(79 142)(87 280)(28 387)
Transfers and subsidies - capital (monetary allocations)33 17513 17313 24720 2144 689
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(22 699)(39 062)(65 895)(67 067)(23 698)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(22 699)(39 062)(65 895)(67 067)(23 698)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure100 66489 88248 14544 60313 786
Transfers recognised - capital91 95081 07454 96341 365-
Borrowing-----
Internally generated funds8 7148 808(5 356)3 238-
Total sources of capital funds100 66489 88249 60644 603-
FINANCIAL POSITION
Total current assets302 354334 842185 20460 476109 222
Total non current assets971 4741 334 446698 671740 605665 345
Total current liabilities734 353651 379431 375365 625308 033
Total non current liabilities43 40444 87235 41233 26661 195
Community wealth/Equity518 770973 038492 112469 257429 038
CASH FLOWS
Net cash from (used) operating(144 557)(128 646)(95 649)--
Net cash from (used) investing26 817417 170(8 375)(118)
Net cash from (used) financing----114
Cash/cash equivalents at the year end(105 433)(116 474)(66 159)3 81113 590
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure50 703156 719116 30676 75878 391
Irregular expenditure10 68918 26825 25152 97919 384
Fruitless & wasteful expenditure40 26634 14624123 23623 252
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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