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Rand West City Local Municipality (GT485)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates522 318379 963368 214350 906275 023
Service charges1 633 788985 1071 384 3401 277 1861 190 559
Investment revenue17 58820 05815 1153 9211 816
Transfers recognised - operational594 935512 000450 614388 902418 487
Other own revenue153 779947 66090 2276 084104 740
Total Revenue (excluding capital transfers and contributions)2 922 4092 844 7882 308 5102 027 0001 990 626
Employee costs678 063581 866549 945554 113562 308
Remuneration of councillors37 08134 80933 977(23 011)28 197
Depreciation and amortisation252 431278 796196 920376 183207 383
Finance charges174 65294 985135 57696 76966 769
Inventory consumed and bulk purchases1 530 1921 334 5671 124 6141 045 264926 988
Transfers and subsidies13 301720720720-
Other expenditure966 348867 238745 718656 371534 879
Total Expenditure3 652 0683 192 9812 787 4692 706 4082 326 524
Surplus/(Deficit)(729 660)(348 193)(478 960)(679 408)(335 898)
Transfers and subsidies - capital (monetary allocations)239 777322 301300 433265 669199 836
Transfers and subsidies - capital (in-kind)165 310----
Surplus/(Deficit) after capital transfers & contributions(324 573)(25 892)(178 526)(413 738)(136 062)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(324 573)(25 892)(178 526)(413 738)(136 062)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure414 2241 302 073461 422612 967182 180
Transfers recognised - capital179 70346 261187 3643 649(13 545)
Borrowing-----
Internally generated funds70 39813 954-1 2261 522
Total sources of capital funds250 10160 216187 3644 875(12 023)
FINANCIAL POSITION
Total current assets2 315 9561 979 6871 815 9801 470 0241 360 587
Total non current assets5 997 7875 506 7154 488 7504 226 3614 255 260
Total current liabilities4 766 8723 758 8933 581 7432 802 7702 572 197
Total non current liabilities290 674308 930316 869317 918352 675
Community wealth/Equity3 256 6813 418 5782 406 0492 546 0082 690 976
CASH FLOWS
Net cash from (used) operating650 6214 648 268567 703388 3772 168 023
Net cash from (used) investing(461 880)(313 543)(268 062)(268 436)(192 576)
Net cash from (used) financing----1 851
Cash/cash equivalents at the year end361 3364 585 213417 189210 9091 705 914
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure608 063465 174229 7142 023 026202 072
Irregular expenditure51 187210 81789 124106 917164 128
Fruitless & wasteful expenditure146 21671 055117 493295 40859 727
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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