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Umzimvubu Local Municipality (EC442)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Clean auditClean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates64 66546 52246 98250 08617 733
Service charges1 3601 2971 2631 2171 210
Investment revenue10 50810 1269 2414 3233 882
Transfers recognised - operational298 217284 562283 558247 598280 218
Other own revenue78 84056 48920 09648 49716 198
Total Revenue (excluding capital transfers and contributions)453 591398 995361 140351 719319 242
Employee costs98 66791 90989 97783 17679 539
Remuneration of councillors24 53923 55822 74320 74520 077
Depreciation and amortisation90 409110 31477 50082 322119 335
Finance charges2 1192 3101 038724320
Inventory consumed and bulk purchases6 4726 50110 0166 8906 134
Transfers and subsidies22 45518 70025 00711 7875 527
Other expenditure220 610236 243176 071183 474118 636
Total Expenditure465 271489 536402 352389 118349 568
Surplus/(Deficit)(11 680)(90 541)(41 212)(37 399)(30 326)
Transfers and subsidies - capital (monetary allocations)90 77477 43473 10962 219103 620
Transfers and subsidies - capital (in-kind)-12 560---
Surplus/(Deficit) after capital transfers & contributions79 094(547)31 89724 82173 294
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year79 094(547)31 89724 82173 294
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure126 310162 560142 238196 188175 366
Transfers recognised - capital80 41967 67176 34077 66267 982
Borrowing-----
Internally generated funds45 53248 30631 180102 52774 098
Total sources of capital funds125 951115 977107 519180 188142 080
FINANCIAL POSITION
Total current assets157 657120 205134 745147 723163 720
Total non current assets1 079 8751 054 7231 007 823947 737973 921
Total current liabilities92 472109 79465 65747 01152 637
Total non current liabilities12 43011 6549 15210 6788 140
Community wealth/Equity1 132 6291 069 7041 067 621990 2781 076 864
CASH FLOWS
Net cash from (used) operating335 844(141 266)142 051874 9271 111 375
Net cash from (used) investing(151 250)(179 265)(121 401)(155 529)(182 810)
Net cash from (used) financing-----
Cash/cash equivalents at the year end250 807(241 426)124 196808 928888 352
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-62411 030--
Irregular expenditure7 21724 32326 841--
Fruitless & wasteful expenditure5 864451-86461
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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