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Mangaung Metropolitan Municipality (MAN)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates1 792 3551 448 1591 508 8451 387 7951 190 391
Service charges5 984 7395 256 2854 784 0654 486 8554 108 928
Investment revenue99 11879 38662 16318 21418 891
Transfers recognised - operational1 280 2331 235 678986 537877 6041 235 834
Other own revenue1 544 2721 435 7251 044 089934 530362 757
Total Revenue (excluding capital transfers and contributions)10 700 7179 455 2338 385 6997 704 9986 916 801
Employee costs2 664 5572 461 9792 223 6322 244 5822 263 827
Remuneration of councillors77 81874 55269 43467 89565 531
Depreciation and amortisation891 827853 274885 335906 729915 748
Finance charges(87 290)141 329178 458115 415104 164
Inventory consumed and bulk purchases4 097 3744 077 5933 132 4432 811 8802 743 744
Transfers and subsidies-4 992-7 2449 431
Other expenditure4 210 3833 173 8762 899 7523 428 1531 874 557
Total Expenditure11 854 66810 787 5959 389 0549 581 8987 977 002
Surplus/(Deficit)(1 153 951)(1 332 362)(1 003 355)(1 876 900)(1 060 201)
Transfers and subsidies - capital (monetary allocations)671 391606 718825 524915 188841 148
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(482 560)(725 643)(177 831)(961 713)(219 053)
Share of surplus/(deficit) of associate---209 529193 808
Surplus/(Deficit) for the year(482 560)(725 643)(177 831)(752 184)(25 245)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure761 497574 971695 210853 607826 814
Transfers recognised - capital545 325480 038572 820667 471610 988
Borrowing--12 22037 22574 964
Internally generated funds216 17394 933110 170148 911140 862
Total sources of capital funds761 497574 971695 210853 607826 814
FINANCIAL POSITION
Total current assets8 577 3178 168 2378 529 2839 137 7988 196 070
Total non current assets21 180 12321 864 50121 749 14522 394 89622 689 367
Total current liabilities10 959 31710 969 78210 748 17811 149 1229 562 642
Total non current liabilities2 590 9312 606 6272 480 9882 602 0822 740 820
Community wealth/Equity16 207 19216 835 69617 191 11917 781 48918 581 976
CASH FLOWS
Net cash from (used) operating10 679 8027 434 3564 685 9214 316 1131 692 616
Net cash from (used) investing(743 431)(525 894)(691 950)(853 605)(482 650)
Net cash from (used) financing(230 997)(164 607)(206 337)(63 259)-
Cash/cash equivalents at the year end9 535 1967 454 9994 528 1683 860 6441 637 591
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure1 125 8021 343 1421 195 2155 257 879570 025
Irregular expenditure260 761277 156198 151185 428190 845
Fruitless & wasteful expenditure27 644122 520140 688185 29919 695
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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