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Nelson Mandela Bay Metropolitan Municipality (NMA)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates3 041 0992 875 6002 731 1732 661 4532 661 453
Service charges9 602 5279 112 15510 035 6988 062 9908 064 067
Investment revenue336 969365 421331 113182 208182 208
Transfers recognised - operational1 791 7591 711 0241 554 4321 322 1182 023 365
Other own revenue2 673 5862 263 3751 898 1111 464 343762 797
Total Revenue (excluding capital transfers and contributions)17 445 94016 327 57416 550 52613 693 11213 693 890
Employee costs4 110 9563 889 7733 672 7823 584 5153 633 482
Remuneration of councillors85 93382 05384 99375 90075 900
Depreciation and amortisation948 840885 798992 6701 000 4521 000 452
Finance charges65 701110 394131 488125 550125 554
Inventory consumed and bulk purchases6 875 0516 152 5604 823 0284 503 7634 496 490
Transfers and subsidies232 341211 079105 654121 062114 880
Other expenditure6 700 3385 603 2415 961 3694 836 2363 227 298
Total Expenditure19 019 16116 934 89815 771 98314 247 47812 674 056
Surplus/(Deficit)(1 573 220)(607 324)778 544(554 366)1 019 834
Transfers and subsidies - capital (monetary allocations)998 1981 081 0051 057 362818 115818 115
Transfers and subsidies - capital (in-kind)45 27051 898421 43411 41711 417
Surplus/(Deficit) after capital transfers & contributions(529 752)525 5782 257 340275 1661 849 366
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(529 752)525 5782 257 340275 1661 849 366
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 337 3971 486 6631 892 53130 099 22230 098 166
Transfers recognised - capital68 92121 862121 5111 566 5031 566 328
Borrowing-----
Internally generated funds-2 07410019 64319 643
Total sources of capital funds68 92123 936121 6101 586 1461 585 971
FINANCIAL POSITION
Total current assets10 790 52611 096 43310 816 2619 029 08610 596 634
Total non current assets20 493 98119 994 84019 322 93518 614 78118 613 742
Total current liabilities6 463 2786 018 2376 487 2564 824 4104 816 886
Total non current liabilities3 751 9143 473 1052 578 9603 806 3373 806 337
Community wealth/Equity21 069 31621 599 93121 072 98019 012 97320 587 480
CASH FLOWS
Net cash from (used) operating(58 838)(1 138 057)1 342 211859532
Net cash from (used) investing(10 507)(14 615)14 721(135 689)(45 492)
Net cash from (used) financing-----
Cash/cash equivalents at the year end4 272 0323 598 3906 055 905(134 830)(44 959)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure1 649 2351 441 69465 2808 895847 087
Irregular expenditure2 078 6191 951 2141 401 3631 380 6521 389 805
Fruitless & wasteful expenditure4 71617 07946 136676 2121 000
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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