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Rand West City Local Municipality (GT485)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates564 124522 318379 963368 214350 906
Service charges1 801 3081 633 788985 1071 384 3401 277 186
Investment revenue9 32517 58820 05815 1153 921
Transfers recognised - operational570 509594 935512 000450 614388 902
Other own revenue429 586153 779947 66090 2276 084
Total Revenue (excluding capital transfers and contributions)3 374 8512 922 4092 844 7882 308 5102 027 000
Employee costs743 505678 063581 866549 945554 113
Remuneration of councillors38 64037 08134 80933 977(23 011)
Depreciation and amortisation201 526252 431278 796196 920376 183
Finance charges261 584174 65294 985135 57696 769
Inventory consumed and bulk purchases1 706 9051 530 1921 334 5671 124 6141 045 264
Transfers and subsidies14 82013 301720720720
Other expenditure1 103 501966 348867 238745 718656 371
Total Expenditure4 070 4813 652 0683 192 9812 787 4692 706 408
Surplus/(Deficit)(695 629)(729 660)(348 193)(478 960)(679 408)
Transfers and subsidies - capital (monetary allocations)214 371239 777322 301300 433265 669
Transfers and subsidies - capital (in-kind)83 704165 310---
Surplus/(Deficit) after capital transfers & contributions(397 555)(324 573)(25 892)(178 526)(413 738)
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(397 555)(324 573)(25 892)(178 526)(413 738)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure310 060414 2241 302 073461 422612 967
Transfers recognised - capital18 666179 70346 261187 3643 649
Borrowing-----
Internally generated funds-70 39813 954-1 226
Total sources of capital funds18 666250 10160 216187 3644 875
FINANCIAL POSITION
Total current assets2 334 1922 315 9561 979 6871 815 9801 470 024
Total non current assets6 222 1775 997 7875 506 7154 488 7504 226 361
Total current liabilities5 467 9974 766 8723 758 8933 581 7432 802 770
Total non current liabilities364 480290 674308 930316 869317 918
Community wealth/Equity2 723 8923 256 6813 418 5782 406 0492 546 008
CASH FLOWS
Net cash from (used) operating740 827650 6214 648 268567 703388 377
Net cash from (used) investing(282 157)(461 880)(313 543)(268 062)(268 436)
Net cash from (used) financing-----
Cash/cash equivalents at the year end542 165361 3364 585 213417 189210 909
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a608 063465 174229 7142 023 026
Irregular expendituren/a51 187210 81789 124106 917
Fruitless & wasteful expendituren/a146 21671 055117 493295 408
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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