Batho Pele City Municipality - Financial Statements Analysis
Explore the illustrative specimen annual financial statements presented at the mSCOA Reporting Reference Group Meeting in October 2019 by W.C. Voigt for Batho Pele City Municipality. The statements cover the financial position, performance, assets, liabilities, and more, offering insights into the municipality's financial health.
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Presentation Transcript
Illustrative Specimen Annual Financial Statements mSCOA Reporting Reference Group Meeting 4 October 2019 Presented by: W C Voigt
Content Statement of Financial Position Statement of Financial Performance 3 3
Specimen Annual Financial Statement - Approval The guideline specimen annual financial statements has been approved on 30 July 2019 for implementation 4 4
Statement of Financial Position Note 2018/2019 2017/2018 (R 000s) (R 000s) ASSETS Current Assets Cash and Cash Equivalents [A6] [1p.79(k)] Receivables From Exchange Transactions [A6] [1p.79(j)] Receivables From Non-exchange Transactions [1p.79(i)] Inventory [A6][1p.79(g)] Other Current Assets [A6] Total Current Assets 2 3 4 5 6 Non-Current Assets Long-term Receivables [A6][1p.79(e)] Investments [A6][1p.79(e)] Investment Property [A6][1p.79(b)] Investment in Associate / Joint Venture [A6][1p.79(f)] Property, Plant and Equipment [A6][1p.79(a)] Biological Assets [A6][1p.79(h)] Heritage Assets [1p.79(d)] Intangible Assets [A6] [1p.79(c)] Other Non-current Assets [A6] Total Non-current Assets TOTAL ASSETS 7 8 9 10 11 12 13 14
Statement of Financial Position LIABILITIES Current Liabilities Bank Overdraft [A6] 2 Financial Liabilities [A6][1p.79(p)] 15 Consumer Deposits [A6] 16 Trade and Other Payables [A6][1p.79(m)] 17 Unspent Transfers and Subsidies [1p.79(l)] 18 Provisions [A6][1p.79(n)] 19 Other Current Liabilities 20 Total Current Liabilities Non-current Liabilities Financial Liabilities [A6][1p.79(p)] 15 Provisions [A6][1p.79(n)] 19 Other Non-current Liabilities 20 Total Non-current Liabilities TOTAL LIABILITIES NET ASSETS [1p.79(r)] Accumulated Surplus / (Deficit) [A6][1p.87(b)] Reserves [A6][1p.79(c)] TOTAL NET ASSETS
Statement of Financial Performance Note 2018/2019 2017/2018 (R 000s) (R 000s) Revenue [1p.96(a)] Non-Exchange Revenue [23p.115] Property Rates [A4] Licences and Permits [A4*] Transfers and Subsidies Operational [A4] Fines, Penalties and Forfeits [A4] Interest on Receivables [A4] Exchange Revenue [1p.103, 9p.39(b)] Service Charges - Electricity [A4] Service Charges - Water [A4] Service Charges Waste Water Management [A4] Service Charges Waste Management [A4] Service Charges - Other [A4] Rental [A4] Interest on Investments [A4] Interest on Receivables [A4] Dividends [A4] Licences and Permits [A4*] Agency Services [A4] Operational Revenue [A4] 21 28.2 30 26 25 22 22 22 22 22 23 24 25 26 28.1 29 31 Total Revenue (excl. capital transfers and subsidies)
Statement of Financial Performance Expenditure [1p.104] Employee Related Costs [A4] 33 Remuneration of Councillors [A4] 34 Debt Impairment [A4] 3 & 4 Depreciation, Amortisation and Impairment [A4] 35 Finance Costs [A4] [1p.96(b)] 36 Bulk Purchases [A4] 37 Inventory Consumed [A4] [12p.47(d)] 38 Contracted Services [A4] 39 Transfers and Subsidies [A4] 40 Operational Costs [A4] 41 Total Expenditure
Statement of Financial Performance Note 2018/2019 2017/2018 (R 000s) (R 000s) Surplus/(Deficit) Gains/losses on disposal of assets 32 Transfers and Subsidies Capital [A4] [23p.115] 30 Surplus/(Deficit) After Capital Transfers and Contributions Taxation [A4] [1p.96(d)] 42 Surplus/(Deficit) After Taxation Share [A4] [1p.96(c)] of Surplus/(Deficit) of Associates / Joint Ventures Surplus/(Deficit) for the year [A4] [1p.96(f)]
Discussion 12 12
Thank you
