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CITY OF TSHWANE METROPOLITAN MUNICIPALITY - CTMM: City of Tshwane Annual Financial Statements for the Year Ended 30 June 2024

Release Date: 01/09/2025 11:59
Code(s): COT02 COT03     PDF:  
Wrap Text
CTMM: City of Tshwane Annual Financial Statements for the Year Ended 30 June 2024

THE CITY OF TSHWANE METROPOLITAN MUNICIPALITY
(A municipality as described in section 2 of the Local Government Municipal Systems
Act, 2000, duly established in terms of Notice No. 6770, promulgated in the Provincial
Gazette Extraordinary of 1 October 2000 in terms of section 12(1) read with section
14(2) of the Local Government: Municipal Structures Act, 1998, as amended)
(Issuer code: CTMM)
("City of Tshwane" or the "Issuer")

City of Tshwane Annual Financial Statements for the Year Ended 30 June 2025

Noteholders are advised that the City of Tshwane Metropolitan Municipality has on 30
August 2025 submitted its unaudited annual financial statements for the year ended 30
June 2025 (AFS) to the Auditor General South Africa. The AFS comprises of the
separate statement of financial position as at 30 June 2025, the separate statement of
financial performance, statement of changes in net assets, cash flow statement and the
statement of comparison of budget and actual amounts for the year that ended on 30
June 2025, as well as the notes, compromising a summary of significant accounting
policies and other explanatory information.

The submitted AFS were prepared in accordance with the South African Standards of
Generally Recognized Accounting Practice (SA standards of GRAP), the requirements
of the Municipal Finance Management Act of South Africa, 2003 (Act No. 56 of 2003)
(MFMA) being Section 126 1(a) and (b), the Division of Revenue Act of South Africa,
2015 (Act No.1 of 2005) (DoRA), and for such internal control measures as the
Accounting Officer determines are necessary to enable the presentation of the separate
financial statements that are free from material misstatement, whether due to fraud or
error.

Noteholders are further advised that the City of Tshwane's Unaudited AFS, as
submitted to the Auditor General South Africa, are also available on the National
Treasury's website.

Noteholders will be advised as soon as the audited annual financial statements are
available.

01 September 2025
Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment banking division)

Date: 01-09-2025 11:59:00
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