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Nelson Mandela Bay Metropolitan Municipality (NMA)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates2 742 9852 661 4532 661 4532 154 9092 127 308
Service charges10 151 9178 062 9908 064 0675 237 2575 237 257
Investment revenue236 780182 208182 208208 830208 830
Transfers recognised - operational1 401 5762 023 6912 023 3651 205 0671 234 116
Other own revenue1 849 675762 770762 7971 294 5111 293 077
Total Revenue (excluding capital transfers and contributions)16 382 93413 693 11213 693 89010 100 57610 100 589
Employee costs3 588 9123 584 5153 633 4823 243 6393 243 639
Remuneration of councillors81 90375 90075 90074 22974 229
Depreciation and amortisation788 6691 000 4521 000 452973 225973 224
Finance charges93 271125 550125 554139 540139 540
Inventory consumed and bulk purchases4 284 2634 503 7634 496 4903 387 9063 387 906
Transfers and subsidies173 496121 062114 88088 77388 773
Other expenditure4 248 9354 836 2363 227 2982 271 6022 271 616
Total Expenditure13 259 45114 247 47812 674 05610 178 91310 178 926
Surplus/(Deficit)3 123 483(554 366)1 019 834(78 337)(78 337)
Transfers and subsidies - capital (monetary allocations)169 968818 115818 1151 224 7861 224 786
Transfers and subsidies - capital (in-kind)-11 41711 41740 40640 406
Surplus/(Deficit) after capital transfers & contributions3 293 451275 1661 849 3661 186 8551 186 855
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year3 293 451275 1661 849 3661 186 8551 186 855
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure31 183 80830 099 22230 098 16626 915 03926 915 039
Transfers recognised - capital1 600 7081 566 5031 566 328702 212702 212
Borrowing-----
Internally generated funds18 98819 64319 6431 653 5931 653 593
Total sources of capital funds1 619 6961 586 1461 585 9712 355 8052 355 805
FINANCIAL POSITION
Total current assets12 094 7939 029 08610 596 6346 316 4416 316 441
Total non current assets18 892 26418 614 78118 613 74218 274 80518 274 805
Total current liabilities4 610 1084 824 4104 816 8863 723 3833 723 383
Total non current liabilities4 122 0393 806 3373 806 3373 639 3453 639 345
Community wealth/Equity18 961 45919 012 97320 587 48017 228 51817 228 518
CASH FLOWS
Net cash from (used) operating4 502 005859532n/a-
Net cash from (used) investing18 451(0)(45 492)n/a(12 592)
Net cash from (used) financing---n/a4 737
Cash/cash equivalents at the year end4 520 457859(44 959)n/a(7 855)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure65 2808 895847 08730 061247 964
Irregular expenditure1 401 3631 380 6521 389 8051 372 2154 165 513
Fruitless & wasteful expenditure46 136676 2121 00090 90115 630
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.
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