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Richtersveld Local Municipality (NC061)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates33 38219 79618 69314 56118 008
Service charges35 02736 04221 01717 02224 443
Investment revenue326281512339260
Transfers recognised - operational33 75732 50634 16031 47622 966
Other own revenue42 29912 98617 12813 90413 552
Total Revenue (excluding capital transfers and contributions)144 792101 61191 50977 30279 229
Employee costs48 50243 16639 40535 31831 628
Remuneration of councillors5 4275 3475 3024 7033 819
Depreciation and amortisation15 46613 76513 04611 86211 031
Finance charges14 9898 3849 13610 8228 120
Inventory consumed and bulk purchases23 12224 21420 89918 48520 924
Transfers and subsidies-----
Other expenditure66 57927 41540 38923 71924 722
Total Expenditure174 084122 291128 177104 909100 244
Surplus/(Deficit)(29 292)(20 681)(36 668)(27 607)(21 016)
Transfers and subsidies - capital (monetary allocations)16 90418 00413 56517 69727 401
Transfers and subsidies - capital (in-kind)--14666-
Surplus/(Deficit) after capital transfers & contributions(12 388)(2 677)(22 957)(9 844)6 386
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(12 388)(2 677)(22 957)(9 844)6 386
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure23 36317 71118 7011737
Transfers recognised - capital12 92615 3105 831814-
Borrowing-----
Internally generated funds10 4372 345823-7
Total sources of capital funds23 36317 6556 6548147
FINANCIAL POSITION
Total current assets76 78439 374(896)(326)14 192
Total non current assets237 476219 477211 081213 651203 227
Total current liabilities117 67771 59185 86468 41362 762
Total non current liabilities116 248100 06559 41051 70341 525
Community wealth/Equity92 72389 87287 868103 053106 745
CASH FLOWS
Net cash from (used) operating202 769144 431(68 883)(64 226)(21 185)
Net cash from (used) investing(16 795)-(44)--
Net cash from (used) financing-----
Cash/cash equivalents at the year end185 995144 693(47 101)(13 991)(13 379)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a45 46614 83023 098161 974
Irregular expendituren/a6084 0498 16639 130
Fruitless & wasteful expendituren/a1 3543 2306 3175 100
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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