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wo Sarah Baartman DISTRICT MUNICIPALITY Province of the Eastern Cape progress throwgh development SARAH BAARTMAN DISTRICT MUNICIPALITY Group Annual Financial Statements for the year ended 30 June 2020 SARAH BAARTMAN DISTRICT MUNICIPALITY Stovs Arma Fhuncis Statements orth yaar ned 9 sure 2020 General Information 1m of et Diet: Muricpaly (C0) Sarah Baertnan Oise a 2 nd principal acting unig services Jalon governing the 7 fons Local Cover Muna Finance Management At Ae 0.58 of 508) {sea Govern unilpal Sytem Act (Act 2 of 2000) {bea Gaver ont Waricipl Sucre Ret A 117 of TW) CConsiuten atthe Repuoicct Soom Aiea is 109 91988) [Moria opery Rates fat (hes of 2000), [gina ef Revers ket (1 of 207) Mayoral commites Executive Mayor KE Ketan Speak HEN ada Pertoi Councit Finance Ys Sturman Partie Councior Corperate Services P Fest iAgported 12 Ju 2099) fe Couns: naesucure Deselosment and foie Counalr Planning sr-conarve Devlopront Portola Councller Specs Prjects ZFurizelo ‘Acting Aezourting Office daniels ‘chiet Financia! offieer (CFO) abana ogistero otiee se.Gormn West Ave ‘Sti Bank Bula Par elszet eee PosiaLacdrese Fo Box3te Pot elaaton 000 Bonkers BSA Berk Line ucttors fut Generel South tes Preparer ‘he group anual Fnac staererts were intemal como hy ik aersname SARAH BAARTMAN DISTRICT MUNICIPALITY ‘Serup Annual Fnereinl Serer forte yan endee 0 June 2020 Index “The rears and stlement stout below corpse the arn tnencal statements presented tthe VunspalCeurel Page Ascountng Ofice”s Responsibiia and Approvs 4 ‘Saterent af nancial Postion 5 taterent af Fanci Peiormance 6 ‘Staterant af Shanges in Net Assets 2 7 (ceah Flow Strert 8 tater of Comparison of Budget and Actus! Arreunts eseuring Pies Noles othe Annas Financial Saree 2686 pen Append Anas of Propet, Prt end Eaulement 8c Apron: Sagmana Araya of Proper, Plrt and Eouoment 62 Aopen Segment! Statement of Financial Fefenrance e -Asoerdx Ith Busgeted Finercal Fvtomance(fevense an expenditure by sianderd 85 ‘assiteston! Appenl 342): Budgetet Finan! Partomancn(musru and aperture by municna vote) 88 Append 2) 9sdgeed Financia Performance (reverut 2nd expendie) o Ascendix Dis): Budgeted Capital xpendire ty vote, andar claslfeation ene fundies 6 Append: D5: Budgeted Cash Flows 88 SARAH BAARTMAN DISTRICT MUNICIPALITY {oun Anna! Financial Siaraments forts year ended 39 de 2020 Index ‘coo caved Dctict Development Acomey ore Divion of Revenue Ac: enw pandas Pub Wore Programme Fue Finance Manasement Grant rap ‘vera Recasnis Assountng Practce 4s Iovrnatona| Ascouning Standard: FWA, ural nance Managers Act ws trial Inout Grat (Previously CH) ORE hunicgel Diastr Ret Gert SARS South Aican Revonve Services 0M ‘Sarah Boatman Dstt Miniiplty var Value Adéed Tox SARAH BAARTMAN DISTRICT MUNICIPALITY {Gloup Artuel Fnarcial Statement forthe year ended 3 Je 2020| Accounting Officer's Responsibilities and Approval “The Accounting Officer is eavie Sy I Munieal Finance Wnsgenent Ack (Act 6 of 2002), te eal assouste Grooming reconde and = eaponsibia “or the cons: ane iegrty fe groupe Franch stiemens and ested Grangal infomation reluded hs topo: Irs he eeapansoity of tha Seasitng Cher “o ensure atthe areup anal Thanet stems fly bese he te of afar che Municosly 2s ale a of the traneal yest arc the results of toes nd cosh fewe: the povos hn er, Ie eteral ator re nngaged te exzose an independent epi eo fie goup annual fone siemens ene wate ion divested access a3) Trarcial sods and oatod da The groups anc sta:erents have ben prepared asonfance ih Slardarés of Gansaly Recognised Accounting Proskce ERAPY ecluting any Perpretatioe, gains and drectves sued oy the Aroowlng Standards Board The grup annus fancialstatoments ee based upon appropriate accountng gelsie concen applied and suppoted by regeZnabe and pet gererts ane estates ‘Te dongutng CFser aanoweigns tat she fs utiatelyfesponciis fr ho ster a smal scl cone! estes shes Bp she micas ave. paces considerable inpetance on aaining ¢ akong conel anavermont. To enable te ctSealytolneet nese veopenstities, ne Acoeuring Ofc sels slerdars for rena coal amed at edusing Be rk seer dane r a set elecbve manner The slandarde inlide the proper deegaton ef vespensbities thin cea hined farework elec acoo.ring procedures ard sequal segregation of dues to ens.rs an secoyiale lve fst. Piece cengols ars nonited hreughout be “nares year and al empoyens are fecuied fo meclain he higrest ales Tundorde ft sreuig.ie ecialy's ovainess Is oohaasea fh 2 manrer ‘hl al ‘2asonae cicumearas fs above Meinash Tha faces 3k neragementin the rurispaly ‘sen serving. vesssing, snsging and manteri'g a kun meee ak aan hw speci Pine oooing cakeannot be ly nna, he muniebe ty endeavo. o minmss ty eine tha appeprite. iashuchre, comas, eyetms and’ steal behavior sve appied and ranages wit rstutnmined proceoutes ara eons “The Accounting Oise of ne apinion, based on the ination and explanations ger by managerent tha ihe sytem of ses sented pew dee teseoncee assasnae Matte fran foctee my be veled or the preperston ofthe oup cer francis sclcmone:lineesen sy syler of trial ana’ conte can reeds only oasanabl, 6 rot asl, osuranes age mel misstatement or dec “The Accountng Offer has review the munspaly®eaan slow ovcast othe year o $9 June 2021 ann te nt oF is TESA sare thence sesty she fe saised that tho Municpsiy nas has aes to adequate resource to ominueleoperatone exstnes io the oreosso. tae “Tne municipal‘ whally dependent onthe unigeaiy for eenioued funding of operations. The gfoup ancl tac Fearne ret Gee bes bt she munity © 2 going concer and fa the muntcpay has nto the inert Ete noe ecco or cura marly the sate of he munity. “Te group annual foncil steers eet ou on page &~ 88, wien have been prepared athe going oncem Hele, ete Epproved iy ine Aozountrg Ores on 20 Noverber 2020 / TDaniis Deting Aecounting Ofcer SARAH BAARTMAN DISTRICT MUNICIPALITY Group Annual Franca atoms for he year enced 29 June 2020 ‘Statement of Financial Position as at 30 June 2020 ‘gwen Rand Teta —_ 2028 FEE] current Assets FReostabls rom exchange tsacions 8 tae ye2 1490 080 Recowablos van rop-aucergeUsnssctons 2 srazse 82088 Var recess 5 42m 2105 404 Depoats psd 3 “aio 18470 Shortern iwesirers 7 serancco i85cce 000, ‘Cash and cach ony vaients 2 _‘seaane61 _4oses ene 751 646 58729 65076 Non-CurrentAssot= Invoainanterocery| 8 izrarz resa7a2 Proper, plan and scion je zhosgeeo 18480275, Innes asets w tos 06a 64 erage acts " apereon 18212500 Longe ceelsses 8 $20 700182 196 weerzari 4402907 Total Asscts zoo ave 729775042 7H Lunbives current Lables Payable orn eeehange nancectons ue araon me9n1 788 UUssrent sonora nts 23 reins 45 soeaosos 572 Enployee bens iste pa0Tecz 5487 200 ieee? sata TTS Non-Current Liaitios Frpleyee berets 13 _ sequen _sosss ee Total Lisbilties 702 600708 65869 020 Net Aseats “a7 77628 195072968 curated suas as yar 77e 629 162.072 362 U SARAH BAARTMAN DISTRICT MUNICIPALITY cal Slalom fer the year encod 29 ure 2020 (Group Armual ‘Statement of Financial Performance Tigo in Rana Tomy 20am ESE Revenue from exchango transactions Rental el ea toe and culpa rigets 1358088 Irene rm ayency senicas 4072 4831 Intec rosived nce reo9s 76a 16050 355, Gan on sporaio' assets 213470 “otal revenue frm exehange wansactions Tease ate 76985 360, Revenue from non-exchange transactions {Achiae gain an pos enployren mei! ben “6 saree ‘Govemors &subSce se eetue3e2 92582000 Ober everue Baar aia 1769781 “Tolalrovonue from non-exchange wansacions saris oer a 661 764 Total revenue reseseos 1123181 Expenditure Inerens In sroviin fo debt mein 2, gaeda) —_er08st) Depreciation wo qrer3ags) «18887301 smotestion 1 i628) ‘Actin! fea en post enploymant mesial bene 16. DBiaounts ef past enployimen medical bene"! 13 @220955, Femunetaion of erslov 21 asaee 757) Remunorater of exes zz (7387857) Repars end marienance 2 eset) DOtnr gran sn suis ple 24 ar aazasa) (19875 737 Soncttors fant exoorare za“ up763) ane 001 Gener Cicero 25 ar sveseiy (33 52% 602) Dontacted evces 2 “gsrersn az88 478) Fines ena penatios 28 420) (30057) Tose of ance of sets 651950) iipament of asets 27 waszass) —goatay ‘otal expenaiture Surplus {defi forthe yoar (ater eat) (rar son ars 689 (2055386) ean SARAH BAARTMAN DISTRICT MUNICIPALITY oun Anal aca stevie for he year ended 20 Jane 2020 Statement of Changes in Net Assets Fowumisied Totlnel Furs in Rand supe assete ‘Oooning balance a previous raperd yer 284 a0 187 29 8 Aaleatments Serie for he year e7esers — e7an 75, Inatructr eves tanslened to accu uste supa Vee“ BIz8ra Pest yas’ adusireri ear oreo <2 (665616) 600 515) Balance at 01 July 2018 as restated” 498 192.68 195 192350 Shangesn nei sees Uber rhe ear as eslated osecee) (2088 505) “eralehanes (2069 366) CSE S95) Restated" Balance st 01 July 2018 7350072968 1e5072 966 Chgset asses Surptis'o = y=" 4705009 4705656 Toll changes “4705059 A TOs EEE Terraces Tar 7re ee Balance at 30 June 2020 ua SARAH BAARTMAN DISTRICT MUNICIPALITY {Group aru Financ Stamens for he year ended 30 une 2520 Cash Flow Statement gues nen Tees) 20 Er) ‘cosh ows trom operating activities Receipts rams agszno7e 32-82. 000 Inlet income ‘enas7ea 15064 256 Ofori s4iasea 2802 700 az tas 723207 122 Payments Enployos cot 2ere-11a sosace:) Sahipad fe surplers (53240 920) 5 14104") ‘he payrents (gar7 75) 21 711802) 116386 000) Net cashflows from operating activtos ‘cash lows from inveeing aetviios Purchase of prety plant and equips! Proceeds om Sale of property, plan and saupmen Purenaseof her tani sess Reels rom long vr reoswables Net eas flows frm investing actives Cash flows trom financing activities Payerante of sor tm imastments Repayment oer nan laise Net eah flows fom financing aetit Not ineressei(dacraase) in cash and cash equivalents Dat and cash es- valent atthe Bazining chs yar ‘cath and orsh equivalents at the end ofthe year 2a arsess20 8 10 ¢ons106) azesser) 0 bast Za8617 1 got ses) 0076672 (ssa725) 19579208) (@ox0000) (28000600) 228 488) (2-000 008) (38 928485) zisat 197 (29329999) spapees 6A ASISAT 5) azatoas1 «0320 668 uw w ososoL 659.901 F 595099 6595098 LG __ swoon ce ee we ‘Ga wav zo.) is WG Bev oaser ‘Goo e0s to) woz %oIz folcera) (ouees6 8 cooore D Bee ieee ean ‘ape soe) 25 ze mca u80 u98 198 ‘0900 9) (ezasee 0) pu Heo ie weowe Gar eae tha 836.9) tbvers 19) sn sat. {suonnqunue> tere 09 was 091 62) 90g c08 o14 cob t97 58 sehhrL5o} 002 coeus ose emp st Soe we oioed oriisse — ecrooses ‘ere09 63 COC EUR AD RZ EPL SF see 06 savece 3 non coe 26 ‘oop e998 > m0 228 98 Soo, 5¢s01 far sepat 600 108 s+ tio iorst fn tee st ozo ro 7a reuse ioyod totes owe fomse ano ice __s6pnq pure gz oluomne irypuodse awe younos-ort) “ov spun) queugenipe siustmanipe 4061 remay soueuen pachonmeug —eMy TeHpnqieury — woUBNIA yo SUNS Teta ope eNO peau son Oz0z oun o¢ papud 180k sy 10) SJuNOUrY |eMDy pue yebpn_ Jo UOsWeduIOD Jo uauIoreIS ‘or eunr ob eeu wean suas ene NEY 8 ALMWdISINNIN LORHLSIG NVWLVY HVEYS