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Walter Sisulu Local Municipality (EC145)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditAdverse audit
FINANCIAL PERFORMANCE
Property rates64 09864 14941 43050 35348 862
Service charges224 829229 538227 824180 364150 077
Investment revenue2 1751 6718631 621759
Transfers recognised - operational93 81294 736235 89681 15474 951
Other own revenue47 61742 01560 36140 050(41 600)
Total Revenue (excluding capital transfers and contributions)432 531432 109566 374353 543233 050
Employee costs126 369138 333130 275114 547104 359
Remuneration of councillors9 30610 4389 9469 2778 504
Depreciation and amortisation25 38630 47931 97634 49534 652
Finance charges17 51256 22058 14545 96635 855
Inventory consumed and bulk purchases181 222174 109154 670132 638128 609
Transfers and subsidies---54199
Other expenditure93 025179 709194 43172 438101 795
Total Expenditure452 820589 288579 444409 416413 972
Surplus/(Deficit)(20 289)(157 179)(13 070)(55 873)(180 922)
Transfers and subsidies - capital (monetary allocations)25 03526 51119 30033 17513 173
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions4 746(130 668)6 230(22 699)(167 749)
Income Tax---n/an/a
Surplus/(Deficit) after Income Tax4 746(130 668)6 230n/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year4 746(130 668)6 230(22 699)(167 749)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(36 017)59 032124 111100 66476 124
Transfers recognised - capital(31 130)57 011108 45791 95068 391
Borrowing-----
Internally generated funds(4 887)2 02115 6548 7147 732
Total sources of capital funds(36 017)59 032124 111100 66476 124
FINANCIAL POSITION
Total current assets34 977239 486160 134302 354224 474
Total non current assets14 738972 323961 260971 474918 971
Total current liabilities253 742636 299403 639734 353637 353
Total non current liabilities(45 444)409 720455 16543 40444 872
Community wealth/Equity(163 329)296 458256 363518 770628 970
CASH FLOWS
Net cash from (used) operating(253 432)(243 226)(260 726)(119 899)(128 772)
Net cash from (used) investing32 835-58 32826 8174
Net cash from (used) financing-----
Cash/cash equivalents at the year end(264 922)(240 421)(191 097)(80 775)(116 600)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a122 646173 34850 703156 719
Irregular expendituren/a116 71121 75310 68918 268
Fruitless & wasteful expendituren/a19 1108 45140 26634 146
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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