Quarterly Overview of Local Government in Malta

 
Financial Situation Indicator 
Q1 as at end of March 2018​
FINAN​​CIAL SITUATION INDICATOR (FSI)​
50%
 

​​​​Statement of Comprehensive Income

DESCRIPTION

​MAR 2018

​€​

Income

Funds received from Central Government

7,893,168

Income raised from Bye-Laws

476,086

Income raised from LES

​79,659​

Investment Income

724

Other Income

172,627

TOTAL

8,622,264

 

Expenditure

 

 

Personal Emoluments

1,488,525​

Operations and Maintenance

 3,887,283

Administration

 624,196

Finance Cost

 14,423

Other Expenditure

 1,673,366

TOTAL

 7,687,793

 

Surplus / Deficit

 934,471

 

 

 

 

Statement of Financial Position

 

 

DESCRIPTION

MAR 2018

Non-current Assets

 

Property, Plant and Equipment

41,821,270

 

Current Assets

 

Inventories

98,062

Receivables

 3,639,200

Cash and Cash Equivalents

 21,893,954

 

Total Current Assets

25,631,216

 

Current Liabilities

 

Payables

11,848,879


 

 

Total Current Liabilities

 11,848,879

 

Net Current Assets

 13,782,337

 

Non-current liabilities

7,217,619

 

Net Assets

 48,385,989

 

Reserves

 

Retained Funds

48,385,989

 

Financial Situation Indicator​

DESCRIPTION

Current Assets

25,631,216

Current Liabilities

 11,848,879

​Working Capital

13,782,337

Government Allocation

27,341,003

FSI

 50%

​​​​​​
* This information excludes those Local Councils who did not submit their reports till the 17 August 2018.

 
05 Bormla, 23 L-Għarb, 27 Il-Ħamrun, 29 Il-Kalkara, 30 Ta' Kerċem, 37 Il-Mellieħa, 38 L-Imġarr, 40 L-Imqabba, 44 In-Naxxar, 53 San Ġwann, 60 Is-Swieqi, 65 Ix-Xgħajra​

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