NC074 Kareeberg AFS 2019-20 unaudited

3.3 MB·

Kareeberg
MUNICIPALITY

[These financial statements have not been audited)

FINANCIAL STATEMENTS:
30 JUNE 2020
KAREEBERG LOCAL MUNICIPALITY

Index

General Information

Approval of the Financial Statements 2
Report of the Auditor General
Statement of Financial Position 3
‘Statement of Financial Performance 4
‘Statement of Changes In Net Assets 6
Cash Flow Statement @
Statement of comparison of budget and actual amounts - Statement
of Financial Postion 7-8
‘Statament of comparison of budget and actual amounts - Statement
of Financial Performance 9-10
‘Statement of comparison of budget and actual amounts « Cash
Flow statement wae
Acoounting Policies 18-49
Notes to the Financial Statements 50-87
APPENDICES - Unauilited
A. Segmental Statement of Financial Performance - Municipal Votes 8
5 Segmental Statement of Financial Performance ES)
G Disclosure of Grants and Subsidies In Terms of Section 123 of
MEMA, 56 of 2003 20
1D. National Treasury Appropriation Statements
Revenuc and Expenditure (Revenue by Source and Expenditura by Type) a
+ Revenue and Expengiture (Standard Classilication} we
- Revenue and Expenditure (Municipal Vote Classification) 93
+ Revenus and Expenciture (Revenue by Sourca and Expendiivia by Type) 4
- Capllal Fxpenciture hy Vote, Standard Classification and Funding 5
- Cachfions 98

Deviations - Section 36(2) - Supply Chain Management 97-98
KAREEBERG LOCAL MUNICIPALITY
FINANCIAL STATEMENTS FOR THE YEAR ENDED 90 JUNE 2020
GENERAL INFORMATION

annie Munky ee manne setsng ha eine ei ihe Cavin, (Aen 108. 666)

‘COUNTY OF ORIGIN AND LEGAL FORM
oun aftan Gaegeny 8 Munck (Lora Mripalty) ne uetned by a Muncpe Smetuos ASL (Act 17 of 8

AURISEICTION
“Tho tench Mriiaiy ee the anna peopaci arse
Canora

arnt

HS. en 9K

muvwoiras wanacen
(etre 2. warasna Se 2 de 2020 senna rm COGHSTA

‘CHEE FINANCIAL OFFICER,
(ae cera

eu sos

CaRNARON,

tice ft Auctor Caner Cy
hve ond.
Fey, 880)

Kagan & co Wat Mal oan Soeet Gxmann
(ater Pinan 163 Van Fitnachsmnon cr, Cook Aum East, EoRWURE, 1616

RELEVANT LeaieLaTioN
Murcia arcs Wager el Pl ne 58 01208)
Marip Susie ket{#et 0 “17 F195

arid Syn eo na 32 200.

rd Plouniag ana Pe fermaree Manemort Frdaions
{Watt Servoee Ao no Bet 1807)

Hava Aa iet no 10701982).

tape Pron Fates et et 9G 2304

Eley feito 1187).

‘Shi Development aviv cir 9 1696,

Eager Ey de (ec of 188)

Unerlaymert narra 0 0 965)

mic Corlionsel Ensleae thetn 7 01887)
‘cpp Chan anogaret Rags, 2005

Calesive Agecinete

‘SALE Lees Roguttona
KAREEBERG LOCAL MUNICIPALITY

MEMBERS OF THE KAREEBERG LOCAL MUNICIPALITY

waro ‘COUNCILLOR
: ME. Hore
2 MENS. van Ws
3 Mr GP an Louw
Hi MeBJE Slawboe
Propertnal ed or
Prepertional Ma. Sask
Propertanal MW.0. Home

APPROVAL OF FINANCIAL STATEMENTS.

1am rsaponsiie fr tha propastin of these amaual ancl Staloments yon one! 2 dune
2023 , which arose auton pages 1 99 in tara af Sect on 128 (1) of he Mural
Flnane Management act al nt | have signod.on bah of te unin

“The snnusl finaresl statements hove heen prepared in accordanes with Standards of
Gonrlly Reesgried Accourcing Practice (GAAP), Ieluglng any terpetatens, quienes
andl oocivos sare by the Accaurting Slandiards Ecard

‘The snrusl tence sistemas ava bated upon spproprstasccounting pola conaitetly
applod end eupparted by ressonatle and pret judgement ad astimains,

| aaknowledge that! am ultimate y respanabl forthe system af Intnl hail eo and
thal the sys ef intemal contcl powias reasonable assurance rat the thancll records
tan bere

| have revioned tha Muricipsliy’2ceah low forreaat or he year ta June 2021 anais
satisted tat Ine Municipalty can cont usin ogeaional existence far ha foreneeable ti.

‘Tho extoral ausitora ra responsible for inependety review ng al aposing on Ne
niepartys financial stators.

| oertty that th ramuneraion of Councilors and indi benef are wn the veer iis oF
the amen orvteagod in Savion 219 of ha Cenattsion. road with the Rerunersan ot
Pu Ofte Bearers Act ana ee Mlnsir ol Comparative Goversance cetarmnalion in
‘cordance witha Ao,

Ine anual naellsatanents te prepared on fh gcing conca’n base andthe
rmunicizety has nether the Interton note hid Ya hla oot enatrilytheeoaleo
the municipality

91 August 2020
(ein) Wt ZP. Nandana (Since 29 June 2020 saccndnent Rati COGHSTA)
Municipal Manager Date
KAREEERG LOCAL MUNICIPALITY

(STATEMENT OF FINANGIAL POSTION AT 30 JUNE 2020,

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ot (neta
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NET ASSETS AND LIABELTES

et Aesate rovcsste 195574507
ail Repteomant Recarve 2 807812 oor
arcng tewlopren ond A ‘i72t “eae
cumin Supe ase7260 77763
on-Gurent labios 77989521 ‘an80027
Enplayee bene a 793.000 1.955650
Non-Gunen Prove 4 swasasat sso
‘curent Unites 5598,720 Tez
‘concur depots 5 Ean wre
‘Sura! Feglayes tents 3 arate 2688, 170
‘rade and Other Pyle rer schaploneadione 7 tase toseace
Uneport Trarsara ard bos 3 Fotaoe Bem)
“ols Ne seta ona Listen 714898058 2u A708

Non-Carant. Assos seas 006
rapa, Pant and Equpmen: 0 e678. 059
tree Pty 1 “eeacces
Isnt Asset @ wee
erage haces 3 1400
Cp soratn Gt “

{ong Term Pores % cd
‘curent Assets oan 8
owen ° cory
“Fee eri am enange rerescone v sa18.5%
har Repeal en merece Warcatore % 209.56
Unpaid Goratinel Govermen Gran: ara Rese ° aires
‘Speiing Lesa nase * Be
‘Short Peron of Lnenn Raean % S00
‘Gash and Gash Eales 2 ggus768
“otal aseote re)
beetasuues
SUeav IG OReeaseAL ILE ZeO rox eune o¢ w a2ueqeg,

n Bupa

ais ‘wear s9}suedL

soars : yeayaniding oN

soevewreo, ——seztaui'zt—eehe't, zoe 610g Ainr | ye eouete peNeIEOHL

- - ‘re SieR 90g — 01 1 UEDA

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levvewec, = zigtenc'n beta 81a2 Aine + aouea,
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wo poemunsay ——eydag, Buon

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AUTvelomNnW W901 DHaaITEY
KAREEBERG LOCAL MUMICIPALITY

(CASH FLOW STATEMENT FOR THE YEAR ENDED 20 JUNE 2020

2000 ae
Actua
Hoteo R a
(CASH FLOW FROM OPERATING ACTWITIES
Aecelata
Propaty Ratse 6047268 759002
Senza Chargee 10 566,058 sisoisa0
Other Reeenue parame 430.178
Government - Operating 15497001 ero60n0
Gorewament Capa! "Boma ga0 25019,000
ee 2a7esso 358.072
Payments
Supple and amproye (65033490) ‘sogigsam
Fence charge a fe (1636818)
‘Net Caan from Operating Anite % “11620.569) 728.266605
(CASHFLOW FROM INVESTING ACTIVITIES
Purchaes of Property Pan! and Esp 6.46200, 28,116.43)
Provoed on Dleeeal of lied Asacte 550, Eacd
Purchase of Iangible Aaate (ores) cen

Noe Caan from investing Activities (s.965 900)

CCABH FLOW PRON FINANGING ACTIMITIES

(trons Moerensain Longtenr Resehbles 487 ass
Inctoasenoecreast I Gengurmer Dopsis Zor pes
eundng 1 @
"Net Coan rem Financing Active 7088 7106

NET INGREAREADECAEASE) IN CASH AND CASH

EQUIVALENTS
‘Gath end Ces Equivalents et ne begining ot the yer 49.408,88 sgpunsa7
(Gach ane Ceah Equllon atthe and of me year 38 2assas.8 4220098

NET INCREASEADECAERSE}IN CASH AND CASH
EQUIVALENTS 7790390) 920606)