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Letsemeng Local Municipality (FS161)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates29 24928 14626 33425 10125 826
Service charges71 11969 83960 74859 39260 350
Investment revenue--91102164
Transfers recognised - operational104 169114 794109 88091 13888 909
Other own revenue52 84842 64050 46236 98918 103
Total Revenue (excluding capital transfers and contributions)257 386255 419247 513212 723193 352
Employee costs84 58775 21883 43373 69769 762
Remuneration of councillors5 8774 6725 5635 3694 764
Depreciation and amortisation24 01439 74129 24444 694(44)
Finance charges47 85849 31822 27816 41711 008
Inventory consumed and bulk purchases57 91880 72251 907(443 474)47 218
Transfers and subsidies---3 500-
Other expenditure161 984118 28294 33048 549117 405
Total Expenditure382 237367 952286 754(251 248)250 112
Surplus/(Deficit)(124 851)(112 533)(39 241)463 971(56 760)
Transfers and subsidies - capital (monetary allocations)15 4458 55711 63236 24921 767
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(109 406)(103 976)(27 609)500 220(34 994)
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(109 406)(103 976)(27 609)500 220(34 994)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(1 170 854)265 0571 469 1051 481 2031 452 306
Transfers recognised - capital(137 026)69 724201 349185 144149 007
Borrowing-----
Internally generated funds(1 040 938)195 3341 267 7561 296 0591 303 299
Total sources of capital funds(1 177 964)265 0571 469 1051 481 2031 452 306
FINANCIAL POSITION
Total current assets(106 823)169 518358 264301 823208 543
Total non current assets312 6761 067 408739 287754 991752 309
Total current liabilities302 931545 016438 103373 246302 898
Total non current liabilities72 82180 8447 3897 1017 607
Community wealth/Equity(60 492)715 042679 668176 247685 340
CASH FLOWS
Net cash from (used) operating64 660232 594232 51351 71115 554
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end64 660232 593232 51251 71115 554
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a196 385127 263224 025901 155
Irregular expendituren/a7 16741 02982 213-
Fruitless & wasteful expendituren/a38 73124 34714 13230 149
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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