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Vhembe District Municipality (DC34)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges507 491344 516746 266515 0781 286 883
Investment revenue-----
Transfers recognised - operational1 532 0771 424 1041 312 3741 148 3671 257 476
Other own revenue163 212158 441113 07761 67219 452
Total Revenue (excluding capital transfers and contributions)2 202 7801 927 0622 171 7161 725 1172 563 811
Employee costs804 605779 426706 418672 593650 723
Remuneration of councillors16 14716 10014 69413 94014 423
Depreciation and amortisation263 012174 857193 542200 923199 788
Finance charges-3062 56693141
Inventory consumed and bulk purchases456 461237 019213 828114 851109 641
Transfers and subsidies--400888-
Other expenditure974 396978 9291 260 0001 002 0181 941 032
Total Expenditure2 514 6202 186 6382 391 4472 005 3062 915 748
Surplus/(Deficit)(311 840)(259 576)(219 731)(280 189)(351 937)
Transfers and subsidies - capital (monetary allocations)676 863649 900589 684570 390624 469
Transfers and subsidies - capital (in-kind)4 9394 358955--
Surplus/(Deficit) after capital transfers & contributions369 962394 682370 908290 201272 532
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year369 962394 682370 908290 201272 532
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure743 205692 899683 073591 990651 271
Transfers recognised - capital626 889593 388613 481564 790576 831
Borrowing-----
Internally generated funds115 75699 70869 65127 09473 376
Total sources of capital funds742 645693 096683 132591 884650 207
FINANCIAL POSITION
Total current assets845 111873 888977 585550 390511 110
Total non current assets7 140 7046 665 0775 996 1435 506 6125 193 028
Total current liabilities1 159 5031 146 0241 097 139771 7891 998 093
Total non current liabilities7 909----
Community wealth/Equity6 779 4656 392 9415 876 5905 285 8613 706 045
CASH FLOWS
Net cash from (used) operating1 584 4311 235 3872 142 390927 8251 405 095
Net cash from (used) investing(756 461)(723 221)(723 157)(644 806)(672 323)
Net cash from (used) financing---(43 011)-
Cash/cash equivalents at the year end1 341 320642 8541 551 126246 306708 023
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure631 132-190 013577 9651 430 909
Irregular expenditure105 387117 75092 749105 183223 587
Fruitless & wasteful expenditure-3062 56684150
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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