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Walter Sisulu Local Municipality (EC145)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditAdverse auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates41 43050 35348 86243 38631 227
Service charges227 824180 364150 077145 467146 941
Investment revenue8631 6217593411 348
Transfers recognised - operational85 62481 15474 95181 04871 024
Other own revenue46 36640 050(41 600)26 67024 574
Total Revenue (excluding capital transfers and contributions)402 106353 543233 050296 913275 113
Employee costs130 275114 547104 35998 82089 426
Remuneration of councillors9 9469 2778 5048 3078 372
Depreciation and amortisation31 97634 49534 65247 54829 957
Finance charges16 68545 96635 8558 8223 946
Inventory consumed and bulk purchases154 670132 638128 609106 59999 778
Transfers and subsidies-54199(420)18 499
Other expenditure194 43372 438101 795106 379112 417
Total Expenditure537 985409 416413 972376 054362 394
Surplus/(Deficit)(135 880)(55 873)(180 922)(79 142)(87 280)
Transfers and subsidies - capital (monetary allocations)19 30033 17513 17313 24720 214
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(116 579)(22 699)(167 749)(65 895)(67 067)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(116 579)(22 699)(167 749)(65 895)(67 067)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure124 111100 66476 12448 14544 603
Transfers recognised - capital108 45791 95068 39154 96341 365
Borrowing-----
Internally generated funds15 6548 7147 732(5 356)3 238
Total sources of capital funds124 111100 66476 12449 60644 603
FINANCIAL POSITION
Total current assets160 134302 354224 474185 20460 476
Total non current assets961 260971 474918 971698 671740 605
Total current liabilities879 801734 353637 353431 375365 625
Total non current liabilities47 07143 40444 87235 41233 266
Community wealth/Equity311 103518 770628 970492 112469 257
CASH FLOWS
Net cash from (used) operating(234 877)(139 800)(128 772)(95 649)-
Net cash from (used) investing58 32826 817417 170(8 375)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(165 248)(100 676)(116 600)(66 159)3 811
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure99 44750 703156 719116 30676 758
Irregular expenditure21 75310 68918 26825 25152 979
Fruitless & wasteful expenditure8 45140 26634 14624123 236
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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