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Umzimvubu Local Municipality (EC442)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates47 15150 08617 73316 72915 687
Service charges1 2631 2171 2101 0971 161
Investment revenue9 2414 3233 8827 3336 739
Transfers recognised - operational283 558247 598280 218223 551198 122
Other own revenue17 68214 82916 19822 45246 926
Total Revenue (excluding capital transfers and contributions)358 895318 051319 242271 161268 635
Employee costs89 82883 17679 53973 62066 269
Remuneration of councillors22 74320 74520 07718 00917 398
Depreciation & asset impairment77 69882 322119 335124 088153 268
Finance charges1 038724320-246
Materials and bulk purchases10 1296 8906 1347 4424 457
Transfers and grants24 54989 2285 5276 2701 267
Other expenditure174 424153 962118 636124 389130 795
Total Expenditure400 409437 046349 568353 818373 700
Surplus/(Deficit)(41 514)(118 996)(30 326)(82 657)(105 065)
Transfers recognised - capital75 46295 887103 62072 18379 393
Contributions recognised - capital & contributed assets---94-
Surplus/(Deficit) after capital transfers & contributions33 948(23 108)73 294(10 379)(25 673)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year33 948(23 108)73 294(10 379)(25 673)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure144 294148 259175 366115 462110 051
Transfers recognised - capital69 50429 73367 98268 39563 910
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds40 072102 52774 09839 39028 002
Total sources of capital funds109 576132 259142 080107 78591 912
FINANCIAL POSITION
Total current assets141 980147 723163 720133 197119 720
Total non current assets1 028 807968 131973 921926 0291 011 162
Total current liabilities70 32247 79352 63749 28954 935
Total non current liabilities8 3529 8968 1407 2945 728
Community wealth/Equity1 084 0621 058 6011 076 8641 013 0221 095 892
CASH FLOWS
Net cash from (used) operating144 404874 9271 111 375993 119838 113
Net cash from (used) investing(121 401)(155 529)(182 810)(116 615)(82 972)
Net cash from (used) financing----15
Cash/cash equivalents at the year end126 549808 928888 352930 483800 087
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---16 901
Irregular expendituren/a--18425 923
Fruitless & wasteful expendituren/a86461-2 161
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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