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Vhembe District Municipality (DC34)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges321 115746 266515 0781 286 883191 210
Investment revenue----27 317
Transfers recognised - operational1 424 1041 312 3741 148 3671 257 4761 546 583
Other own revenue157 680113 07761 67219 45226 711
Total Revenue (excluding capital transfers and contributions)1 902 8982 171 7161 725 1172 563 8111 791 821
Employee costs779 426706 418672 593650 723607 053
Remuneration of councillors16 10014 69413 94014 42314 665
Depreciation and amortisation174 857193 542200 923199 788214 949
Finance charges-2 56693141348
Inventory consumed and bulk purchases217 628213 828114 851109 641105 726
Transfers and subsidies-400888--
Other expenditure981 2471 260 0001 002 0181 941 032924 086
Total Expenditure2 169 2592 391 4472 005 3062 915 7481 866 827
Surplus/(Deficit)(266 361)(219 731)(280 189)(351 937)(75 007)
Transfers and subsidies - capital (monetary allocations)636 000589 684570 390624 469-
Transfers and subsidies - capital (in-kind)4 358955---
Surplus/(Deficit) after capital transfers & contributions373 998370 908290 201272 532(75 007)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year373 998370 908290 201272 532(75 007)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure681 326683 073591 990651 271549 480
Transfers recognised - capital580 176613 481564 790576 831449 342
Borrowing-----
Internally generated funds101 34769 65127 09473 376112 776
Total sources of capital funds681 523683 132591 884650 207562 118
FINANCIAL POSITION
Total current assets873 994793 211550 390511 110605 043
Total non current assets6 502 6135 996 1435 506 6125 193 0284 754 735
Total current liabilities1 126 0191 133 233771 7891 998 0931 926 377
Total non current liabilities-----
Community wealth/Equity6 532 8715 660 9045 285 8613 706 0453 508 407
CASH FLOWS
Net cash from (used) operating1 237 2722 151 196927 8251 405 0952 230 831
Net cash from (used) investing(723 221)(723 157)(644 806)(672 323)(260 447)
Net cash from (used) financing--(43 011)--
Cash/cash equivalents at the year end644 7401 559 932246 306708 0231 752 453
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-190 013577 9651 430 909725 150
Irregular expenditure117 75092 749105 183223 58771 794
Fruitless & wasteful expenditure3062 5668415016 354
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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