Analyse and interpret Your municipalitys financial statements for the year ended 30 June 2019 and determine and comment on its performance by making use of ratio Analysis.

Prepare your analysis in terms of : Statement of Financial Performance

Format View Help 21 . Title Subtitle Subt 1 Normal * No Spac... Heading 1 Heading 2 Styles 14. 1.15.1 agraph 19. 10. 11. 112 1 13. 1 2. 314 51. 6 17 18 Mbizana Local Municipality Audited Annual Financial Statements for the year ended 30 June 2019 Statement of Financial Performance Note(s) 2019 2018 Restated Figures in Rand Revenue 21 25 26 Revenue from exchange transactions Service charges Rental of facilities and equipment Agency services Commissions received Recoveries Other income Interest received Fair value adjustments Total revenue from exchange transactions 35 884 754 2 223 563 1 270 965 114 067 284 365 963 291 12 819 533 19 023 579 30 831 422 665 942 1 150 355 114 787 7 295 085 755 503 11 142 942 337 930 23 52 72 384 117 52 283 966 Revenue from non-exchange transactions Taxation revenue Property rates Licences and Permits (Non-exchange) 20 18 966 665 2 256 590 19 596 870 2 296 218 Transfer revenue Government grants & subsidies Fines, Penalties and Forfeits Total revenue from non-exchange transactions 22 27 321 149 385 1 037 884 313 815 633 1 646 015 343 410 524 337 354 736 Total revenue 19 415 794 641 389 638 702 30 31 33 53 34 Expenditure Employee related costs Remuneration of councillors Depreciation and amortisation impairments Finance costs Lease rentals on operating lease Debt impairment Bulk purchases Contracted services Transfers and Subsidies Loss on disposal of assets and liabilities General Expenses 32 37 54 36 29 28 (107 255 019) (85 788 414) (23 223 492) (22 484 811) (39 505 641) (38 840 962) 12 384 829) (65 518) (834 346) (3 381 422) (2 558 538) (4 266 040) (1 456 031) (30 025 433) (27 780 875) (49 076 945) (63 540 795) (702 066) (738 095) (7 462 689) (41 798 282) (54 625 636) (51 638 959) (321 974 730) (337 440 108) 93 819 911 52 198 594 Total expenditure Surplus for year