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Umzimvubu Local Municipality (EC442)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates46 52247 15150 08617 73316 729
Service charges1 2971 2631 2171 2101 097
Investment revenue10 1269 2414 3233 8827 333
Transfers recognised - operational284 562283 558247 598280 218223 551
Other own revenue32 30620 03548 49716 19822 452
Total Revenue (excluding capital transfers and contributions)374 812361 248351 719319 242271 161
Employee costs91 90989 97783 17679 53973 620
Remuneration of councillors23 55822 74320 74520 07718 009
Depreciation and amortisation110 33277 45682 322119 335124 088
Finance charges1 1141 038724320-
Inventory consumed and bulk purchases6 50110 1296 8906 1347 442
Transfers and subsidies18 70025 00711 7875 5276 270
Other expenditure197 048176 204183 474118 636124 389
Total Expenditure449 162402 554389 118349 568353 818
Surplus/(Deficit)(74 350)(41 306)(37 399)(30 326)(82 657)
Transfers and subsidies - capital (monetary allocations)77 43473 10962 219103 62072 183
Transfers and subsidies - capital (in-kind)12 560---94
Surplus/(Deficit) after capital transfers & contributions15 64431 80324 82173 294(10 379)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year15 64431 80324 82173 294(10 379)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure161 863142 088196 188175 366115 462
Transfers recognised - capital71 53676 34077 66267 98268 395
Borrowing-----
Internally generated funds43 74431 030102 52774 09839 390
Total sources of capital funds115 280107 369180 188142 080107 785
FINANCIAL POSITION
Total current assets118 306141 980147 723163 720133 197
Total non current assets1 072 2921 006 416947 737973 921926 029
Total current liabilities95 54069 67147 01152 63749 289
Total non current liabilities11 6549 15210 6788 1407 294
Community wealth/Equity1 121 5091 071 719990 2781 076 8641 013 022
CASH FLOWS
Net cash from (used) operating(138 647)142 051874 9271 111 375993 119
Net cash from (used) investing(179 265)(121 401)(155 529)(182 810)(116 615)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(238 807)124 196808 928888 352930 483
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a11 030---
Irregular expendituren/a26 841--184
Fruitless & wasteful expendituren/a-86461-
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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