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Mahikeng Local Municipality (NW383)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates180 289256 911349 070389 752332 899
Service charges212 973255 831244 298253 097246 164
Investment revenue10 47818 9068 51110 8374 588
Transfers recognised - operational504 005464 756409 703460 661309 050
Other own revenue498 175301 474165 753130 809163 064
Total Revenue (excluding capital transfers and contributions)1 405 9201 297 8781 177 3361 245 1551 055 765
Employee costs437 516387 731354 397390 754346 709
Remuneration of councillors33 75433 64827 79130 30228 590
Depreciation and amortisation83 65689 733-64 75178 916
Finance charges2042 3741701 8022 368
Inventory consumed and bulk purchases186 543229 00177 303115 955102 216
Transfers and subsidies2614 8184 5314 0236 499
Other expenditure598 173360 349191 184621 956438 118
Total Expenditure1 340 1071 107 655655 3751 229 5431 003 416
Surplus/(Deficit)65 813190 222521 96115 61352 350
Transfers and subsidies - capital (monetary allocations)10 10018 7022 753-84 679
Transfers and subsidies - capital (in-kind)---3 802-
Surplus/(Deficit) after capital transfers & contributions75 913208 924524 71419 415137 029
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 year75 913208 924524 71419 415137 029
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure163 965137 11795 264123 898103 353
Transfers recognised - capital104 247115 30070 517109 17684 871
Borrowing-----
Internally generated funds53 6087 00224 5019 38114 112
Total sources of capital funds157 855122 30395 019118 55798 983
FINANCIAL POSITION
Total current assets562 463741 0571 294 489708 612697 887
Total non current assets2 333 8602 325 0922 106 3472 011 1121 996 817
Total current liabilities501 711998 8141 135 408985 473828 531
Total non current liabilities324 961260 394368 525362 062503 401
Community wealth/Equity1 730 0331 806 9411 896 7061 365 1691 380 480
CASH FLOWS
Net cash from (used) operating508 785945 328981 2581 065 747778 481
Net cash from (used) investing(142 319)(140 224)(104 588)(147 461)(101 576)
Net cash from (used) financing-----
Cash/cash equivalents at the year end520 576999 8011 071 6711 017 933795 345
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a185 192140 938163 9921 484 450
Irregular expendituren/a331 206311 179225 957222 843
Fruitless & wasteful expendituren/a17214 85822837 696
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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