ADVERTISEMENT

Midvaal Local Municipality (GT422)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aClean auditClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates384 421351 320322 760296 169273 314
Service charges1 126 9941 008 283887 177802 894786 096
Investment revenue37 14944 00243 67832 67918 248
Transfers recognised - operational227 978202 091189 555172 219150 862
Other own revenue87 11996 12197 248117 70295 111
Total Revenue (excluding capital transfers and contributions)1 863 6621 701 8171 540 4191 421 6631 323 631
Employee costs426 627408 908368 364345 632322 148
Remuneration of councillors16 13515 45215 16814 36412 968
Depreciation and amortisation154 349118 100104 44098 891127 289
Finance charges29 53624 82814 62522 94630 123
Inventory consumed and bulk purchases732 189650 905613 962512 526516 403
Transfers and subsidies1 6921 7741 2781 4651 534
Other expenditure558 697553 361493 897376 239348 766
Total Expenditure1 919 2251 773 3301 611 7331 372 0641 359 229
Surplus/(Deficit)(55 564)(71 513)(71 314)49 598(35 598)
Transfers and subsidies - capital (monetary allocations)95 943134 767105 06798 94796 481
Transfers and subsidies - capital (in-kind)7 1841 300-10 191-
Surplus/(Deficit) after capital transfers & contributions47 56364 55433 753158 73660 883
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 year47 56364 55433 753158 73660 883
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure246 362250 723247 970168 766164 627
Transfers recognised - capital84 142123 324100 13993 54687 901
Borrowing70 91182 280108 95417 54636 518
Internally generated funds84 12543 81938 87847 48340 209
Total sources of capital funds239 179249 423247 970158 575164 627
FINANCIAL POSITION
Total current assets874 363951 254955 568921 746835 470
Total non current assets2 558 1262 445 0862 334 9442 202 0502 153 572
Total current liabilities357 042339 714351 376312 150319 583
Total non current liabilities407 500359 266306 330220 666237 215
Community wealth/Equity2 667 9472 697 3602 637 5322 584 5442 432 243
CASH FLOWS
Net cash from (used) operating592 04873 5063 437 847589 260827 613
Net cash from (used) investing(244 811)(242 924)(238 342)(167 085)(164 627)
Net cash from (used) financing14 50281 49898 063(16 473)(21 589)
Cash/cash equivalents at the year end825 740396 6133 793 281893 6651 092 702
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a4749412 585653
Fruitless & wasteful expendituren/a5 124937231 316
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.
ADVERTISEMENT
ADVERTISEMENT