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Mogale City Local Municipality (GT481)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates915 341731 733623 811577 378548 628
Service charges2 781 5302 600 9352 404 0461 980 7871 925 204
Investment revenue15 91623 00116 9617 2062 418
Transfers recognised - operational820 160751 803640 494576 299519 375
Other own revenue381 083383 190453 614299 178233 000
Total Revenue (excluding capital transfers and contributions)4 914 0304 490 6634 138 9273 440 8473 228 624
Employee costs1 178 9811 055 1211 023 956900 115850 483
Remuneration of councillors42 59139 77939 48838 76033 922
Depreciation and amortisation311 333325 230266 047276 986255 792
Finance charges21 67418 48722 96649 66327 495
Inventory consumed and bulk purchases2 175 5181 826 1061 630 6511 408 1721 313 765
Transfers and subsidies3 1982 9372 1401 0431 886
Other expenditure1 434 2591 293 1741 120 986909 0601 017 737
Total Expenditure5 167 5544 560 8354 106 2333 583 8003 501 081
Surplus/(Deficit)(253 524)(70 172)32 694(142 953)(272 457)
Transfers and subsidies - capital (monetary allocations)294 871315 566291 237215 959291 788
Transfers and subsidies - capital (in-kind)--143 03786 702-
Surplus/(Deficit) after capital transfers & contributions41 347245 394466 968159 70819 331
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 year41 347245 394466 968159 70819 331
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure101 683393 127301 068(25 989)330 907
Transfers recognised - capital38 257276 507270 732(31 791)295 423
Borrowing-----
Internally generated funds71 918116 62030 335-35 369
Total sources of capital funds110 174393 127301 068(31 791)330 791
FINANCIAL POSITION
Total current assets856 9871 455 1531 027 5301 114 838(132 044)
Total non current assets6 909 9686 755 0806 851 7276 585 089360 367
Total current liabilities1 170 4151 242 6221 127 7271 374 016242 734
Total non current liabilities629 119645 091685 647525 991(33 742)
Community wealth/Equity6 362 1706 322 5196 159 2155 799 920-
CASH FLOWS
Net cash from (used) operating429 390543 394351 770-35 591
Net cash from (used) investing(487 672)(391 226)(265 609)(12 676)(67 266)
Net cash from (used) financing(45 565)(47 204)(16 031)--
Cash/cash equivalents at the year end17 12354 26380 3991 031(53 053)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---232 520
Irregular expendituren/a234 339615 539467 784181 082
Fruitless & wasteful expendituren/a--41 51756 712
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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