Entire Document - Chris Hani District Municipality

CHRIS HANI DISTRICT MUNICIPALITY ANNUAL REPORT 2011 / 2012FINANCIAL PERFORMANCERevenue from Non-exchange TransactionsGovernment Grants and Subsidies Received 785 506 723 - - 785 506 723 799 518 311 - 14 011 588 101,78 101,78Public Contributions and Donations - - - - 1 500 000 - 1 500 000 0.00 0.00Revenue from Exchange TransactionsService Charges - - - - - - - 0.00 0.00Rental of Facilities and Equipment 146 250 - - 146 250 97 192 - (49 058) 66,46 66,46Interest Earned - External Investments 23 453 500 - - 23 453 500 19 601 048 - (3 852 452) 83,57 83,57Interest Earned - Outstanding Debtors 12 000 - - 12 000 - - (12 000) 0.00 0.00Other Income 1 122 740 - - 1 122 740 55 551 261 - 54 428 521 4 947,83 4 947,83Gains on Disposal of Property, Plant and Equipment - - - - - - - 0.00 0.00Total Revenue 810 241 213 - - 810 241 213 876 267 813 - 66 026 600 108,15 108,15ExpenditureEmployee Related Costs 127 167 527 - - 127 167 527 110 318 975 - (16 848 552) 86,75 86,75Remuneration of Councillors 7 008 701 2 838 147 - 9 846 848 7 437 213 - (2 409 635) 75,53 106,11Collection Costs 344 833 - - 344 833 - - (344 833) 0.00 0.00Depreciation and Amortisation 3 008 480 - - 3 008 480 88 787 929 85 779 449 85 779 449 2 951,26 2 951,26Impairment Losses - - - - (9 046 605) - (9 046 605) 0.00 0.00Repairs and Maintenance 3 522 920 - - 3 522 920 1 540 027 - (1 982 893) 43,71 43,71Finance Costs 2 343 710 - - 2 343 710 384 647 - (1 959 063) 16,41 16,41Bulk Purchases 7 359 402 - - 7 359 402 6 678 620 - (680 782) 90,75 90,75Contracted Services 3 128 589 - - 3 128 589 528 894 - (2 599 695) 16,91 16,91Grants and Subsidies Paid 591 379 723 (4 153 347) - 587 226 376 391 739 771 - (195 486 605) 66,71 66,24General Expenses 66 292 528 - - 66 292 528 28 331 082 - (37 961 446) 42,74 42,74Loss on Disposal of Property, Plant and Equipment - - - - 40 217 40 217 40 217 0.00 0.00Total Expenditure 811 556 413 (1 315 200) - 810 241 213 626 740 770 85 819 666 (183 500 443) 77,35 77,23Surplus/(Deficit) (1 315 200) 1 315 200 - - 249 527 043 (85 819 666) 249 527 043 0.00 0.00Transfers Recognised - Capital - - - - - - - 0.00 0.00Surplus/(Deficit) after Capital Transfers and(1 315 200) 1 315 200 - - 249 527 043 (85 819 666) 249 527 043 0.00 0.00Surplus / (Deficit) from Discontinued Operations - - - - (703 580) - (703 580) 0.00 0.00Surplus/(Deficit for the Year (1 315 200) 1 315 200 - - 248 823 463 (85 819 666) 248 823 463 - -- -218