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Modimolle-Mookgophong Local Municipality (LIM368)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Adverse auditQualified auditQualified auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates130 808117 570108 28995 70073 998
Service charges336 952317 130306 787316 846254 963
Investment revenue1 3553641 0701 109-
Transfers recognised - operational141 590128 255142 522114 339175 166
Other own revenue103 274248 099271 54450 07548 659
Total Revenue (excluding capital transfers and contributions)713 977811 418830 212578 069552 786
Employee costs248 890226 429228 442206 371207 955
Remuneration of councillors12 91311 63514 64312 95612 154
Depreciation and amortisation48 62038 52744 65467 23367 308
Finance charges85 01013 61732 13657 96248 841
Inventory consumed and bulk purchases213 236225 854206 465192 354172 553
Transfers and subsidies-1 2041 072--
Other expenditure248 236321 333385 616149 696180 997
Total Expenditure856 906838 600913 028686 573689 808
Surplus/(Deficit)(142 929)(27 182)(82 816)(108 504)(137 021)
Transfers and subsidies - capital (monetary allocations)95 17747 63185 98840 72643 921
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(47 752)20 4503 173(67 778)(93 100)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(47 752)20 4503 173(67 778)(93 100)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure142 07330 20649 08586 07588 153
Transfers recognised - capital81 08509 78985 27228 283
Borrowing-----
Internally generated funds5 956962---
Total sources of capital funds87 0419629 78985 27228 283
FINANCIAL POSITION
Total current assets829 751662 780538 968746 736563 969
Total non current assets1 428 4451 378 6671 382 5851 344 4111 375 656
Total current liabilities1 529 5351 275 3761 153 633998 645748 509
Total non current liabilities133 23989 848112 003102 681139 890
Community wealth/Equity920 454677 190706 3871 057 5991 144 325
CASH FLOWS
Net cash from (used) operating573 143603 283722 663622 473870 770
Net cash from (used) investing(79 022)(56 070)(89 308)(34 163)(51 021)
Net cash from (used) financing(477)(11 947)433-1 218
Cash/cash equivalents at the year end516 671546 159374 115416 401654 968
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure132 948406 244131 63294 159141 408
Irregular expenditure78 06745 38033 04248 37522 251
Fruitless & wasteful expenditure84 56818 72930 72055 58447 533
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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