CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY - Delay to availability of the Annual Financial Statements for the year ended 30 June 2021 - BIJHB

Delay to availability of the Annual Financial Statements for the year ended 30 June 2021 - BIJHB

CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY
(a municipality as described in section 2 of the Local Government Municipal Systems Act,
2000, duly established in terms of Notice No. 6766, promulgated in the Provincial Gazette
Extraordinary of 1 October 2000 in terms of section 12(1) read with section 1 4(2) of the Local
Government : Municipal Structures Act, 1998, as amended)
Issuer Bond Code: BIJHB

DELAY IN THE RELEASE OF FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE
2021


Noteholders are advised that City of Johannesburg’s (“the Issuer”) Annual Financial
Statements for the year ended 30 June 2021 have been delayed. This is due to the delayed
finalization of the audit by the Auditor General. The City’s Audit report was finalized on the
25th January 2022 by the Auditor General.

A report providing reasons for the delayed submission of the Integrated Annual Report was
tabled to the Mayoral Committee and Council on the 27 th January 2022 in compliance with
section 133 of the Municipal Finance Management Act.

The Annual Financial Statements together with the Annual Report will be tabled at the next
Council meeting for approval by Council. Noteholders will be updated further regarding the
publication of these in due course.


Johannesburg
01 February 2022

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment banking division)

Date: 01-02-2022 10:30:00
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