ADVERTISEMENT

Joe Morolong Local Municipality (NC451)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates43 61448 65946 85934 02434 024
Service charges29 27727 20019 57849 08549 085
Investment revenue1 8674 7557 8426 2346 234
Transfers recognised - operational210 377200 982210 567181 475181 714
Other own revenue44 31154 88860 89715 45415 454
Total Revenue (excluding capital transfers and contributions)329 446336 485345 743286 272286 511
Employee costs133 205122 365116 12789 95690 031
Remuneration of councillors15 57814 97315 93413 63613 636
Depreciation and amortisation77 414133 412138 760122 519122 519
Finance charges1 224603538745760
Inventory consumed and bulk purchases48 00547 67146 07823 46823 468
Transfers and subsidies18 0239 0599 9531 405443
Other expenditure127 926126 291174 22590 115137 897
Total Expenditure421 374454 374501 615341 843388 754
Surplus/(Deficit)(91 928)(117 890)(155 872)(55 571)(102 243)
Transfers and subsidies - capital (monetary allocations)121 419121 344127 888114 306121 534
Transfers and subsidies - capital (in-kind)50 42596 632829292
Surplus/(Deficit) after capital transfers & contributions79 916100 087(27 902)58 82719 383
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 year79 916100 087(27 902)58 82719 383
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure234 678352 204182 145115 822116 194
Transfers recognised - capital161 722164 90395 180104 858105 230
Borrowing-----
Internally generated funds72 956187 30210 81810 96410 964
Total sources of capital funds234 678352 204105 998115 822116 194
FINANCIAL POSITION
Total current assets227 948295 921217 086470 307199 541
Total non current assets1 107 3531 060 699892 7341 371 3061 367 317
Total current liabilities141 366101 14666 00273 38867 706
Total non current liabilities19 85716 09013 70612 2757 042
Community wealth/Equity1 094 1621 139 2961 058 0141 697 1221 472 727
CASH FLOWS
Net cash from (used) operating(31 223)(59 016)(274 957)(454 588)731 477
Net cash from (used) investing(111 531)-(2 561)(14 573)(14 573)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(138 379)(41 142)(242 562)(412 492)773 574
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a236 63068 26515 501592 447
Irregular expendituren/a10 522138 84211 646167 088
Fruitless & wasteful expendituren/a15 0414846364 936
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