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JB Marks Local Municipality (NW405)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates241 193221 714198 587188 182184 183
Service charges1 031 3921 081 262993 109894 342546 822
Investment revenue14 45591 61713 80219 53227 349
Transfers recognised - operational348 775305 335332 321263 034260 807
Other own revenue117 71575 93460 50138 164600 828
Total Revenue (excluding capital transfers and contributions)1 753 5301 775 8611 598 3211 403 2551 619 989
Employee costs550 239541 411521 171464 334425 265
Remuneration of councillors29 72427 57727 44028 11226 461
Depreciation and amortisation199 228205 742219 106220 371235 992
Finance charges5 9464 5567 64641 818
Inventory consumed and bulk purchases739 808713 959628 254558 609478 359
Transfers and subsidies5 6121 9866071 457755
Other expenditure617 324560 634460 175395 321575 066
Total Expenditure2 147 8812 055 8641 864 3981 668 2081 743 717
Surplus/(Deficit)(394 351)(280 003)(266 078)(264 953)(123 728)
Transfers and subsidies - capital (monetary allocations)157 56196 351145 774146 490107 593
Transfers and subsidies - capital (in-kind)--6563 157574
Surplus/(Deficit) after capital transfers & contributions(236 790)(183 651)(119 648)(115 307)(15 561)
Share of surplus/(deficit) of associate---99233
Surplus/(Deficit) for the year(236 790)(183 651)(119 648)(115 208)(15 329)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(14 214)(230 882)29 09448 926497 716
Transfers recognised - capital140 62287 235116 028103 6675 853
Borrowing-----
Internally generated funds(154 836)21 83745 57032 79510 177
Total sources of capital funds(14 214)109 072161 598136 46216 031
FINANCIAL POSITION
Total current assets940 7491 724 7031 555 9541 239 0501 237 588
Total non current assets3 596 8903 106 3353 312 7703 481 6643 590 622
Total current liabilities1 311 7791 266 6781 146 426733 362635 703
Total non current liabilities60 96160 17654 20557 08858 965
Community wealth/Equity3 164 9003 504 1843 787 7414 045 6714 149 336
CASH FLOWS
Net cash from (used) operating(2 005 854)(1 519 636)---
Net cash from (used) investing(320 089)(69 430)99 090(5 558)(5 288)
Net cash from (used) financing2 569---(2 119)
Cash/cash equivalents at the year end(1 853 233)(1 280 981)237 528230 532228 730
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure33 200865 2265423 5568 834
Irregular expenditure297 800278 558364 710344 781680 808
Fruitless & wasteful expenditure5 90083 4396177462 974
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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