annual report 2010 - 2011 - Intsika Yethu Municipality

Intsika Yethu Municipality
Annual Financial Statements for the year ended 30 June 2011
Notes to the Annual Financial Statements
Figures in Rand 2011 2010
9. Trade and other payables from exchange transactions
Trade payables 11 517 964 5 768 199
10. Revenue
Property rates 3 402 286 1 617 990
Service charges 376 339 1 302 736
Rental of facilities & equipment 427 566 495 686
Income from agency services 113 025 70 910
Fines 1 256 813 667 617
Government grants & subsidies 99 032 765 81 044 468
Receipts - CHDM (WSP) 9 720 473 -
Interest earned - outstanding debtors 522 832 90 896
Interest earned - external investments 692 938 1 056 695
115 545 037 86 346 998
The amount included in revenue arising from exchanges of goods or services
are as follows:
Service charges 376 339 1 302 736
Rental of facilities & equipment 427 566 495 686
Income from agency services 113 025 70 910
Receipts 9 720 473 -
10 637 403 1 869 332
The amount included in revenue arising from non-exchange transactions is as
follows:
Taxation revenue
Property rates 3 402 286 1 617 990
Fines 1 256 813 667 617
Transfer revenue
Grants and Subsidies Received 99 032 765 81 044 468
Interest earned - outstanding receivables 522 832 90 896
Interest earned - external investments 692 938 1 056 695
11. Property rates
Rates received
104 907 634 84 477 666
Rates and taxes 3 402 286 1 617 990
12. Service charges
Refuse removal 376 339 459 713
Sale of water - 843 023
376 339 1 302 736
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