City of Cape Town Metropolitan Municipality (CPT)

Financial Results

All values: R'0002018/192017/182016/172015/162014/15
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedClean auditClean audit
FINANCIAL PERFORMANCE
Property rates9 542 0118 468 2488 100 3226 739 7876 013 891
Service charges18 929 23318 164 11818 815 94117 552 07015 374 112
Investment revenue1 136 550905 415800 331680 150575 783
Transfers recognised - operational4 487 3576 428 9585 864 4455 679 4683 264 270
Other own revenue6 180 3963 780 2262 801 5982 437 4704 256 753
Total Revenue (excluding capital transfers and contributions)40 275 54837 746 96536 382 63733 088 94429 484 808
Employee costs12 413 81810 948 6499 728 8869 415 8898 177 925
Remuneration of councillors161 297155 579138 951135 095128 767
Depreciation & asset impairment2 886 1353 088 2752 340 8172 145 8171 941 951
Finance charges788 635782 905732 913748 479776 228
Materials and bulk purchases9 992 3048 127 3788 937 9438 399 4237 455 971
Transfers and grants336 816141 855111 829148 246136 504
Other expenditure9 585 33410 875 97011 032 2939 854 5518 888 418
Total Expenditure36 164 33834 120 61033 023 63130 847 50027 505 764
Surplus/(Deficit)4 111 2103 626 3543 359 0062 241 4431 979 044
Transfers recognised - capital2 078 0601 733 4662 005 2972 131 5372 467 397
Contributions recognised - capital & contributed assets225 755-16 5161004 953
Surplus/(Deficit) after capital transfers & contributions6 415 0255 359 8205 380 8184 373 0814 451 395
Share of surplus/(deficit) of associate-89 825--(0)
Surplus/(Deficit) for the year6 415 0255 449 6455 380 8184 373 0814 451 395
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 493 7215 698 5156 272 5575 870 1405 338 941
Transfers recognised - capital1 048 9481 732 8822 055 5072 187 4252 473 313
Public contributions & donationsn/a72 53271 88261 48844 219
Borrowing1 867 4832 533 1552 739 1962 441 4232 152 377
Internally generated funds-1 359 9451 405 9731 179 805669 032
Total sources of capital funds2 916 4315 698 5156 272 5575 870 1405 338 941
FINANCIAL POSITION
Total current assets17 848 39415 308 77912 587 63812 216 49311 275 314
Total non current assets52 765 07049 799 55146 956 44242 343 85238 493 874
Total current liabilities7 873 3488 994 0788 848 5789 005 5508 729 038
Total non current liabilities13 327 43412 726 40311 909 15012 165 08512 053 513
Community wealth/Equity42 997 65743 387 84938 786 35233 389 71128 986 637
CASH FLOWS
Net cash from (used) operating(31 651 455)7 528 5196 658 0196 458 2426 138 455
Net cash from (used) investing(624 940)(6 226 551)(6 309 132)(6 272 662)(4 630 401)
Net cash from (used) financing(182 154)731 280(379 235)(174 391)(368 093)
Cash/cash equivalents at the year end(24 765 861)5 806 8243 773 5763 803 9243 792 735
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure950 370236 01947 0372997
Fruitless & wasteful expenditure19 80230924--
SOURCEAudited Outcome - C1 2020 Q3Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017

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