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Namakwa District Municipality (DC6)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Clean auditClean auditClean auditClean auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates-----
Service charges-----
Investment revenue2 0861 165616543934
Transfers recognised - operational68 89565 08760 40860 63157 152
Other own revenue3 7397 8124 6353 22811 008
Total Revenue (excluding capital transfers and contributions)74 72074 06565 65964 40269 094
Employee costs44 82943 41339 67043 09835 401
Remuneration of councillors4 8294 4653 9723 5973 202
Depreciation and amortisation1 3961 1611 4381 5801 626
Finance charges4166682346
Inventory consumed and bulk purchases506301137289728
Transfers and subsidies786840436706307
Other expenditure17 45520 03019 63118 47626 519
Total Expenditure69 84370 27665 35267 77067 828
Surplus/(Deficit)4 8773 788308(3 368)1 266
Transfers and subsidies - capital (monetary allocations)-211---
Transfers and subsidies - capital (in-kind)-728---
Surplus/(Deficit) after capital transfers & contributions4 8774 727308(3 368)1 266
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year4 8774 727308(3 368)1 266
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 2641 4666091 095249
Transfers recognised - capital27818358--
Borrowing-332---
Internally generated funds2 9862225511 095249
Total sources of capital funds3 2647386091 095249
FINANCIAL POSITION
Total current assets17 33913 99610 4289 8919 961
Total non current assets13 3456 2816 1146 9457 326
Total current liabilities6 8457 2857 4254 7406 460
Total non current liabilities21 09420 06820 56523 74619 837
Community wealth/Equity729(13 719)(13 298)(11 910)(9 010)
CASH FLOWS
Net cash from (used) operating46 46428 56540 35795 032-
Net cash from (used) investing(3 264)(1 466)(609)(1 095)-
Net cash from (used) financing248332-86-
Cash/cash equivalents at the year end52 75036 57844 56098 2117 537
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure5283712 0436 294-
Irregular expenditure1 9372 3641132337
Fruitless & wasteful expenditure70-816
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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