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Vhembe District Municipality (DC34)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges388 006507 491344 516746 266515 078
Investment revenue-----
Transfers recognised - operational1 611 6571 532 0771 424 1041 312 3741 148 367
Other own revenue176 299163 212158 441113 07761 672
Total Revenue (excluding capital transfers and contributions)2 175 9622 202 7801 927 0622 171 7161 725 117
Employee costs809 993804 605779 426706 418672 593
Remuneration of councillors16 36716 14716 10014 69413 940
Depreciation and amortisation242 230263 012174 857193 542200 923
Finance charges--3062 56693
Inventory consumed and bulk purchases284 599456 461237 019213 828114 851
Transfers and subsidies---400888
Other expenditure881 216974 396978 9291 260 0001 002 018
Total Expenditure2 234 4052 514 6202 186 6382 391 4472 005 306
Surplus/(Deficit)(58 443)(311 840)(259 576)(219 731)(280 189)
Transfers and subsidies - capital (monetary allocations)686 711676 863649 900589 684570 390
Transfers and subsidies - capital (in-kind)2 1014 9394 358955-
Surplus/(Deficit) after capital transfers & contributions630 370369 962394 682370 908290 201
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 year630 370369 962394 682370 908290 201
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure806 701743 205692 899683 073591 990
Transfers recognised - capital598 152626 889593 388613 481564 790
Borrowing-----
Internally generated funds208 550115 75699 70869 65127 094
Total sources of capital funds806 701742 645693 096683 132591 884
FINANCIAL POSITION
Total current assets924 797845 111873 888977 585550 390
Total non current assets7 687 1787 140 7046 665 0775 996 1435 506 612
Total current liabilities1 100 4421 159 5031 146 0241 097 139771 789
Total non current liabilities37 2357 909---
Community wealth/Equity7 976 5876 779 4656 392 9415 876 5905 285 861
CASH FLOWS
Net cash from (used) operating1 649 1201 584 4311 235 3872 142 390927 825
Net cash from (used) investing(831 833)(756 461)(723 221)(723 157)(644 806)
Net cash from (used) financing----(43 011)
Cash/cash equivalents at the year end884 5311 341 320642 8541 551 126246 306
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a631 132-190 013577 965
Irregular expendituren/a105 387117 75092 749105 183
Fruitless & wasteful expendituren/a-3062 56684
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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