Magalies Water - Financial

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2024/25	2023/24	2022/23	2021/22	2020/21

AUDIT OUTCOME	Financially Unqualified	Financially Unqualified	Financially Unqualified	Clean Audit	Clean Audit

Current Assets	4 192 874	3 763 141	2 430 626	1 068 622	854 816
Non-Current Assets	5 477 087	4 435 168	3 469 684	3 041 527	2 989 309
Total Assets	9 669 961	8 198 309	5 900 310	4 110 149	3 844 125
Current Liabilities	3 206 306	2 806 558	1 072 215	481 588	386 137
Non-Current Liabilities	839 942	879 318	823 629	803 036	744 029
Total Liabilities	4 046 248	3 685 876	1 895 844	1 284 624	1 130 166
Total Net Assets	5 623 713	4 512 433	4 004 466	2 825 525	2 713 959

FINANCIAL PERFORMANCE
Total Revenue	3 437 524	2 508 243	1 943 390	936 860	808 682
Revenue from Exchange Transactions	2 360 003	2 434 933	1 611 319	845 842	782 587
Revenue from Non-Exchange Transactions	1 077 521	73 310	332 071	91 018	26 095
Total Expenditure	(255 633)	(437 541)	(1 609 201)	(825 294)	(719 973)
Employee Related costs	(266 876)	(182 197)	(244 397)	(160 798)	(100 597)
Surplus/(Deficit) for Year	1 111 280	463 131	334 189	127 042	84 795

CASH FLOW
Net Cash Flows from Operating Activities	1 937 802	2 146 790	277 827	204 357	360 854
Net Cash Flows from Investing Activities	(1 175 399)	(1 096 915)	(387 999)	(160 475)	(116 777)
Cash & Cash Equivalents at End of Year	2 167 313	1 404 909	355 034	465 206	421 324

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	80 276	61 435	13 992	10 701	76
Fruitless & Wasteful Expenditure	3 431	2 372	78 491	-	-

HUMAN RESOURCES
Posts Approved	n/a	n/a	n/a	n/a	n/a
Posts Filled	678	n/a	n/a	n/a	n/a

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report
Note

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.