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Polokwane Local Municipality (LIM354)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates752 387710 102593 067572 860528 180
Service charges2 388 7302 215 7591 966 7401 735 4621 815 516
Investment revenue86 33769 80648 17838 8159 641
Transfers recognised - operational1 789 4251 678 6541 538 7251 403 5491 215 946
Other own revenue620 7071 306 963298 131417 518461 346
Total Revenue (excluding capital transfers and contributions)5 637 5865 981 2844 444 8414 168 2054 030 630
Employee costs1 202 7331 094 9651 114 5361 072 0161 026 750
Remuneration of councillors67 84183 71143 87741 38439 349
Depreciation and amortisation1 004 919901 3251 192 608754 453784 230
Finance charges47 14252 06450 80857 83759 737
Inventory consumed and bulk purchases1 684 5491 472 0191 293 8991 082 4681 132 232
Transfers and subsidies71 83816 48015 4809 67145 240
Other expenditure2 172 2402 632 9101 647 5002 105 9501 914 296
Total Expenditure6 251 2646 253 4745 358 7085 123 7805 001 835
Surplus/(Deficit)(613 678)(272 190)(913 867)(955 575)(971 206)
Transfers and subsidies - capital (monetary allocations)600 152615 386770 125612 013655 398
Transfers and subsidies - capital (in-kind)21 14713 7815 185576-
Surplus/(Deficit) after capital transfers & contributions7 622356 977(138 558)(342 986)(315 807)
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 year7 622356 977(138 558)(342 986)(315 807)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure796 164791 402870 919625 278685 491
Transfers recognised - capital519 785536 998634 351517 418519 741
Borrowing-----
Internally generated funds255 189254 403236 568103 833165 299
Total sources of capital funds774 974791 402870 919621 251685 040
FINANCIAL POSITION
Total current assets2 223 2792 272 1281 673 2181 547 2831 576 111
Total non current assets17 259 56015 612 38615 658 78315 888 04613 823 638
Total current liabilities1 243 6451 172 117979 703874 2421 216 851
Total non current liabilities949 049872 326869 203866 679916 062
Community wealth/Equity17 290 14415 840 07115 483 09515 693 13513 360 488
CASH FLOWS
Net cash from (used) operating1 380 2061 398 9711 460 4023 349 8762 018 931
Net cash from (used) investing(825 096)(765 635)(910 977)(743 683)(831 503)
Net cash from (used) financing-----
Cash/cash equivalents at the year end1 263 587976 612733 7952 838 8621 488 583
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a234 479932 0591 040 5571 669 132
Irregular expendituren/a222 040432 463255 808167 257
Fruitless & wasteful expendituren/a32 3956 105-17 125
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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