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Lekwa Local Municipality (MP305)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates243 152208 618190 214152 872170 255
Service charges746 491628 986566 100463 506508 037
Investment revenue3 3504 6844 1362 4841 788
Transfers recognised - operational196 001184 248173 957158 754139 953
Other own revenue201 343169 737341 94757 41679 074
Total Revenue (excluding capital transfers and contributions)1 390 3381 196 2731 276 354835 032899 108
Employee costs370 624341 128291 777283 203258 333
Remuneration of councillors16 61818 22214 74012 0867 517
Depreciation and amortisation72 75951 01063 21849 20757 047
Finance charges183 465133 626172 127151 56986 202
Inventory consumed and bulk purchases789 808703 616564 137496 444488 396
Transfers and subsidies--1 15610 311-
Other expenditure547 059418 400422 300412 831380 753
Total Expenditure1 980 3331 666 0021 529 4571 415 6531 278 248
Surplus/(Deficit)(589 995)(469 728)(253 103)(580 620)(379 140)
Transfers and subsidies - capital (monetary allocations)31 71260 09945 93969 26224 933
Transfers and subsidies - capital (in-kind)169 01023 434245 42488 0901 151
Surplus/(Deficit) after capital transfers & contributions(389 274)(386 195)38 260(423 268)(353 056)
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(389 274)(386 195)38 260(423 268)(353 056)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure55 03075 867144 53074 94835 119
Transfers recognised - capital53 00053 567129 72362 70320 646
Borrowing-----
Internally generated funds2 02928 68729 3265 73535 416
Total sources of capital funds55 03082 254159 04868 43856 062
FINANCIAL POSITION
Total current assets816 8511 753 8931 480 396804 934787 935
Total non current assets2 534 5972 382 3872 340 5912 066 0281 560 969
Total current liabilities4 849 2274 586 8273 894 3733 456 0413 020 717
Total non current liabilities140 796133 967124 936111 558256 606
Community wealth/Equity(1 402 749)(584 513)(198 322)(636 753)(928 418)
CASH FLOWS
Net cash from (used) operating779 646751 615394 123401 164508 269
Net cash from (used) investing(44 297)(76 535)(67 541)(54 930)(37 050)
Net cash from (used) financing-----
Cash/cash equivalents at the year end751 590690 078336 440356 991498 982
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a156 234354 022242 9941 486 001
Irregular expendituren/a873 94254 22361 815201 393
Fruitless & wasteful expendituren/a147 454189 924309 844566 355
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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