ADVERTISEMENT

Sekhukhune District Municipality (DC47)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges104 34294 21385 34094 84186 095
Investment revenue56 99621 51715 0039 8902 264
Transfers recognised - operational1 037 8801 002 7431 074 694859 1891 194 613
Other own revenue25 86317 32895 92718 65536 754
Total Revenue (excluding capital transfers and contributions)1 225 0811 135 8011 270 964982 5741 319 726
Employee costs385 277401 063413 179395 223373 155
Remuneration of councillors17 64915 63115 04315 46716 598
Depreciation and amortisation129 807116 36794 331122 230101 040
Finance charges1 435---347
Inventory consumed and bulk purchases227 243181 904190 724145 531238 504
Transfers and subsidies-3 2192 5563 4977 416
Other expenditure433 484430 736381 701376 167376 707
Total Expenditure1 194 8951 148 9211 097 5351 058 1151 113 765
Surplus/(Deficit)30 186(13 120)173 430(75 541)205 961
Transfers and subsidies - capital (monetary allocations)241 443345 117448 733443 917125 779
Transfers and subsidies - capital (in-kind)2 7431 5981 202708697
Surplus/(Deficit) after capital transfers & contributions274 372333 596623 364369 085332 437
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year274 372333 596623 364369 085332 437
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure261 633351 037421 394390 198457 493
Transfers recognised - capital208 626306 763398 319386 878449 104
Borrowing-----
Internally generated funds52 36643 26323 0753 3208 741
Total sources of capital funds260 992350 026421 394390 198457 844
FINANCIAL POSITION
Total current assets1 056 582433 176723 331446 711242 686
Total non current assets4 718 8474 857 3983 871 9453 552 7643 417 918
Total current liabilities898 394644 716564 187518 008489 443
Total non current liabilities33 82561 10262 79453 50853 030
Community wealth/Equity5 110 6204 825 9443 949 2563 522 8643 059 568
CASH FLOWS
Net cash from (used) operating(8 025)(1 817 020)(652 261)--
Net cash from (used) investing(21 066)(718 595)(337 382)177 16126 261
Net cash from (used) financing----400
Cash/cash equivalents at the year end369 067(2 169 569)(808 946)189 32244 911
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-410 59111 782149 399194 745
Irregular expenditure100 43376 787214 237167 63675 235
Fruitless & wasteful expenditure15 69256 73434440 344705
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.
ADVERTISEMENT
ADVERTISEMENT

Powered by Creative 8 | Version: 2.10.24 / PHP Version: 8.2.26