Regional explorer (ReX) Latest updates and new developments

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1 Regional explorer (ReX) Latest updates and new developments November 2017 Evan Burger Spatial Economist IHS IHS Markit. All Rights All Rights Reserved. Reserved.

2 & are now A merger of global information leaders

3 3 Where do we fit in? Economic Analysis Process: E Explore A Analyse T Transform Final Product Planning & Gathering Regional explorer (ReX) Data Wrangling Report Writing & Presentation ReX Publisher

4 What is ReX? 4

5 A consolidated platform of various integrated data sources that provides accurate and up-to-date statistics down to municipal level

6 Updated ReX Interface A new panel 6 Information Options Change Orientation Extract Data

7 What is ReX Publisher? 7

8 8 Web-based

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12 Much more than just a data solution Quality Custome r Delight Insight

13 13 New ReX Fiscal Module

14 Overview Description Preliminary Results 14

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22 Overview Description Preliminary Results 22

23 23 Description Compiled from Administrative Data. Main Data Sources: National Treasury StatsSA Data Publications: Annual MTREF (NT) Quarterly Section 71 Reports (NT) P9114: Survey of Municipalities (StatsSA) Consolidated Income & Expenditure statements Consolidated Statement of Position.

24 24 Description Years (year ending June) : 2011/ /2016 Spatial Standarisation Depending on your subscription, the Fiscal Module is available for the following demarcations: Slight difference in how totals add up across municipalities. National & Provincial totals include A, B & C munics. District Municipalities are not the sum of their locals.

25 Overview Description Preliminary Results 25

26 26 Preliminary Results Statement of Performance Statement of Position Taxes on property, 13% Fines, 17% Income & Expenditure R 389 billion in 2015/16 Total Income Total Expenditure Service charges, 37% Grants and subsidies recieved, 26% Bulk purchase s, 22% Ratios Employee related costs, 20% Surplus, 21%

27 27 Preliminary Results Statement of Performance Statement of Position Ratios 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Rates & General Services Housing and trading Services Total Metros (Cat A) LMs (Cat B) DMs (Cat C)

28 28 Preliminary Results Total Balance sheet: 2015/16 Statement of Performance 1-Net assets 2-Outside shareholders' interest 3-Non-current liabilities 4-Current liabilities Statement of Position 5-Liabilities not reflected elsewhere 6-Total net assets and liabilities 7-Non-current assets 8-Current assets Ratios 9-Assets not reflected elsewhere 10-Total assets R - R 400 R 800 Billions

29 29 Preliminary Results Statement of Performance Current Ratio Acid test Ratio Debt Ratio Statement of Position Ratios

30 Debt Ratio Ranking 30 Which Provinces are most in Debt? Statement of Performance Statement of Position Ratios GP WC FS KN NW NC MP LP EC / / / / /16

31 31 Preliminary Results Statement of Performance Current Ratio Acid test Ratio Debt Ratio Municipal debt was R211 billion in (includes non-current and current liabilities) Statement of Position Ratios Total assets was worth R737 billion This translates to a debt ratio of 29%. In other words, 29c of every rand used to finance municipal operations was in the form of debt.

32 32 Preliminary Results Statement of Performance Statement of Position Ratios Most are DMs 24 out of 257 Municipalities are above 0.45 Code Name 2016 Pop JC19 DC19 Thabo Mofutsanyane JC07 DC07 Pixley ka Seme JC08 DC08 ZF Mgcawu (Siyanda) JC40 DC40 Dr Kenneth Kaunda JC05 DC05 Central Karoo JC03 DC03 Overberg JC48 DC48 West Rand JC37 DC37 Bojanala Platinum J203 FS203 Ngwathe JC42 DC42 Sedibeng JC16 DC16 Xhariep JC32 DC32 Ehlanzeni JC06 DC06 Namakwa J392 NW392 Naledi J223 KZN223 Mpofana J341 LIM341 Musina J064 NC064 Kamiesberg J006 TSH City of Tshwane J184 FS184 Matjhabeng J194 FS194 Maluti-a-Phofung J383 NW383 Mahikeng J396 NW396 Lekwa-Teemane J004 JHB City of Johannesburg J045 WC045 Oudtshoorn J205 FS205 Mafube J093 NC093 Magareng

33 33 Preliminary Results Statement of Performance Statement of Position Ratios Factors to consider with the debt ratio: Powers and functions Regulatory environment Accessibility to finances Cash flows Larger municipalities are perceived to be more stable financially and thus should carry a smaller risk of defaulting on loans. District Municipalities are almost completely dependent on National and Provincial Grants and tend to have high debt ratios.

34 34 District Income Break Down Grants and subsidies recieved Income Categories Fines Service charges Dividends recieved Other 0% 10% 20% 30% 40% 50% 60% 70%

35 35 District Income Break Down Housing and trading Services 31% Total Income Only 8% of Total Local Government Income R 31 Billion Rates & General Services 69%

36 36 District Income Break Down Income Functions: Housing & Trading Services Water Road transport Waste, water management 31% Total Income Environmental protection Electricity Other 0% 20% 40% 60% 80% 100%

37 THANK YOU! ReX Fiscal Module Available from our next quarterly release (early 2018) Please contact Johan Boshoff for more information: To gain early access, please contact me: