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Prince Albert Local Municipality (WC052)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates7 2385 9415 7545 0734 380
Service charges38 24431 40433 31131 76830 552
Investment revenue3 6605 4126 1834 0712 347
Transfers recognised - operational38 16635 76032 71434 80432 272
Other own revenue13 94823 82620 01911 60111 650
Total Revenue (excluding capital transfers and contributions)101 256102 34397 98187 31881 202
Employee costs42 70636 84934 38529 46023 570
Remuneration of councillors3 6563 5253 3243 0183 142
Depreciation and amortisation1 3015 1827 4437 0945 363
Finance charges2 2433 2243 2512 0971 940
Inventory consumed and bulk purchases25 33420 66118 01016 62516 361
Transfers and subsidies218760277490390
Other expenditure32 43338 97638 05136 19029 611
Total Expenditure107 890109 176104 74194 97580 377
Surplus/(Deficit)(6 634)(6 833)(6 760)(7 657)825
Transfers and subsidies - capital (monetary allocations)10 56123 33923 0466 83112 746
Transfers and subsidies - capital (in-kind)-1 5411 6881 465-
Surplus/(Deficit) after capital transfers & contributions3 92818 04717 97463913 571
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 year3 92818 04717 97463913 571
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure25 67132 173(0)-(0)
Transfers recognised - capital9 97921 041(3 966)(2 390)(1 862)
Borrowing-----
Internally generated funds15 69211 1323 9662 3901 862
Total sources of capital funds25 67132 173(0)-(0)
FINANCIAL POSITION
Total current assets43 88864 70470 67263 86555 096
Total non current assets262 239238 184213 722195 337191 156
Total current liabilities35 35933 36534 86447 54535 473
Total non current liabilities34 82935 29531 7745 8015 937
Community wealth/Equity235 939234 228217 756205 855204 842
CASH FLOWS
Net cash from (used) operating10 028138 841275 717203 410232 830
Net cash from (used) investing(17 598)(24 851)(22 434)(9 742)(12 781)
Net cash from (used) financing-----
Cash/cash equivalents at the year end43 496172 258311 551246 063265 909
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a67219 1357 7274 721
Irregular expendituren/a8435 1241 69476
Fruitless & wasteful expendituren/a5945-107
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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