Table Of Content

Beaufort West MUNICIPALITY ANNUAL FINANCIAL STATEMENTS 30 JUNE 2019 [Thacs financial sttements have nol bean aude) BEAUFORT WEST LOCAL MUNICIPALITY Index Ganeral Information 1 Approval of the Hrencial Statements Statement of Financial Position SStalemant of Changes In Net Assets Cash Flow Statement Statement of Comparison of Budgel and Actual Amounts - Statement of Financial Postion ? Statement ot Comparison of Budge! and Actual Amounts - Statement of Financial Performance a 2 3 Statement of Financial Performance 4 8 8 Staloment of Compariscm of Budget and Actual Amaunts - Cash Flow Statement e Accounting Policies 10-49 Notes ta the Financial Staments 50-105 APPENDICES. A Schedule of Exlemel Loan 106-107 Segmental Statament of Financial Performance -GFS Classifications 108 Segmental Statement af Financial Performance - Munic;pal Votes 109 ‘Seumental Analysis of Property, Plant and Equipment - GFS D Classifications a0 Disclosure of Grarte and Subsléias In Tens of Sextion 123 of MFMA, E56 of 2003 mt 29 We 2g BEAUFORT WES LOCAL MUNICIPALITY APPROVAL OF FINANCIAL STATEMENTS | am respcesis forthe preparation ot these annual Grands! satements year nda 30 ‘June 2018, wich ae cet OW on poges 1 1 117 in tem of Seaton 125 (1) of the Munleipl Fieance Manogament act ard wach have sighed on beh ofthe MAniciaby, ‘Tho annul fancial stakes have boon prepared in accortance wih Standards of Goneraly Recegneed Accautng Practice (GRAP), Including an intrpretatars, (guidlines and drectvesiseved by he Aczouning Slandatds Boars, ‘The ennwal fren! stetement fe baxed upon apprprste aucounng policies ondisenly pped and supported by roasonabe ad prudart judgements and estates. 1 aeknowdadge that am utimstlyragperabe far hs eyeter of ital fnareal satel fd that to system of ineral CouTo!prawdcs reasonable esewance thet he Francis records can ba rtd on. ‘have reviewed the Municpaty's aah low fccns! or te yar to 39 June 2020 and at tateied tat tha Minpaly can cunlewe operon misence for Me fereseeebie fine. ‘Tho estenalaudtors are cespansila for indopendenty reviewing 2nd reporing on the ‘Msepetn’s franca steers. | oath e ramuncation of Councilors ang hk boneAts ae hin th upper nits ofthe ramenonenveaped in Saclon 219 of he Gunstion. ead with ihe Remaneraion OF Punge Oner oores Act ad the Minister of Provincial and Local Gewoenment's detenninaon 1 aceoréenoa wae Act ‘re annual frercial statamenss Were prepared on the acing concen basic and the rmuriegsly hoe refer fe ination not the need te aqua or ural material the cals tthe muna kata tof 2o/y2019 TK Hearbai oe Municipal Manage BEAUFORT WES LOCAL MUNICIPALITY STATEMENT OF FINANGIAL PERFORMANCE FOR THE YEAR ENDED 38 JUNE 2018 ravens Ror Neneschange Iain eggs m5 amet ‘ertng Suerte Yaar segmaes sens (sr aeoniMevenal loonie hat » . Fossa Perit Leziirpanrel Lorn Hees a igor sae) ease 7H) ru Forder & ‘earar cand ET SURPLUSADEREM FOR THE YEA TEAVFORT WES LOCAL MUMEPALITY “STAYEIENT OF CHANGES W WET ASSETS FOR THE YEARENDED 30 JUNE 23 expt Hea pected gain pnts: amu “Ean sant) Jott sees uoenan—eneaae mtn anes aru toes BEAUFORT WES LOCAL MUNICIPALITY CASH FLOW STATEMENT FOR THE YEAR ENDED 20 JUNE 2079 GASH FLOW FROM OPERATING ACTIVITIES sah resis Raloroyers and others Gevernmont eres aah paymovs Supplies aoa Employers Friaace Chartos Not Gash tram Operating Actives GASH FLOW FROM INVESTING ACTIVITIES ‘Purcnate ot Propet, Pi an =quipmnt Proveads on Diasal af Feed Aswele Purchase af InsngibirAszets [Cosreaeaihneaae in Olner Nor-Carant Reclvsten ot Cash from Invasting Activiios ‘CASH FLOW FROM FINANCING ACTIVITIES Repeyirens of borawingt Net Gash tram Financing Actes NETINGREASEN(DECREASE) IN CASH AND CASH EQUNALENTS Luash and Gasn Zqulvlens ol he beginning of he venr Cash and Cash Equivalents at hs ond ofthe yea NETINCREASEKDECREASE) IN CASH AND CASH EQUIVALENTS Page a a 2019 tapgee raz 110.742.508, 482278 rons) cnsiezen 13205, 088 casercon (97888) 3031, ages (at.a08,a87) 14.280.901) 1a288,391) ar.365.05, souigst mpaanzta 7.395.828) tasgagg7e sana see 4a S o3es.2681 (978208) s1araaTr tragesa-t (9am Grr astast8) .96saR, (.984,585) 4,892,996) eer 4? Aaa (1,602,900)