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Modimolle-Mookgophong Local Municipality (LIM368)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditAdverse auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates147 184160 883143 159117 570108 289
Service charges419 261541 304339 095317 130306 787
Investment revenue2 1691 4191 3053641 070
Transfers recognised - operational163 993153 212141 590128 255142 522
Other own revenue110 658668 244246 905135 356271 544
Total Revenue (excluding capital transfers and contributions)843 2641 525 063872 053698 674830 212
Employee costs262 722254 834245 750226 502228 442
Remuneration of councillors14 60214 66112 91311 62814 643
Depreciation and amortisation62 98785 32948 84940 55344 654
Finance charges72 92950 25686 07312 41932 136
Inventory consumed and bulk purchases304 066268 845213 236225 854206 465
Transfers and subsidies---1 2041 072
Other expenditure868 085512 563378 680217 179385 616
Total Expenditure1 585 3911 186 489985 502735 340913 028
Surplus/(Deficit)(742 127)338 574(113 448)(36 665)(82 816)
Transfers and subsidies - capital (monetary allocations)154 701171 18295 17747 63185 988
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(587 426)509 756(18 271)10 9663 173
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(587 426)509 756(18 271)10 9663 173
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure141 917204 428133 55465 03949 085
Transfers recognised - capital112 920165 00352 23334 1069 789
Borrowing-----
Internally generated funds12 99619 1578 477962-
Total sources of capital funds125 916184 16060 70935 0689 789
FINANCIAL POSITION
Total current assets566 235878 081767 574654 141538 968
Total non current assets2 299 9392 744 3941 970 3231 393 8221 382 585
Total current liabilities2 082 2621 721 0211 451 6421 283 6671 153 633
Total non current liabilities163 680139 553131 422121 131112 003
Community wealth/Equity975 4781 761 9001 149 657652 534706 387
CASH FLOWS
Net cash from (used) operating670 931905 431502 511605 597722 663
Net cash from (used) investing(108 085)(191 627)(79 022)(56 070)(89 308)
Net cash from (used) financing----433
Cash/cash equivalents at the year end585 0381 472 051445 771560 421374 115
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure670 99149 744132 948406 244131 632
Irregular expenditure19 27527 10778 06745 38033 042
Fruitless & wasteful expenditure61 36044 44284 56818 72930 720
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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