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Mbhashe Local Municipality (EC121)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates20 43019 99116 24211 63712 760
Service charges3 7303 4912 6383 491309
Investment revenue40 17226 19811 6155 7175 743
Transfers recognised - operational365 733328 241281 001332 729262 714
Other own revenue13 46210 29311 67510 55414 712
Total Revenue (excluding capital transfers and contributions)443 527388 214323 171364 129296 239
Employee costs139 220126 011131 226141 540150 710
Remuneration of councillors23 22723 49213 1957 449-
Depreciation and amortisation54 44557 73364 93755 7437 430
Finance charges219822052 091
Inventory consumed and bulk purchases-1(162)143-
Transfers and subsidies--5--
Other expenditure156 624136 629104 067105 66583 159
Total Expenditure373 537343 874313 350310 745243 390
Surplus/(Deficit)69 99044 3399 82153 38452 848
Transfers and subsidies - capital (monetary allocations)85 236103 22548 15158 06559 993
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions155 226147 56457 972111 449112 841
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year155 226147 56457 972111 449112 841
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 311 2071 207 3761 116 2751 072 988993 159
Transfers recognised - capital135 937100 38537 10347 01245 292
Borrowing-----
Internally generated funds1 174 9881 106 9911 079 03244 77520 558
Total sources of capital funds1 310 9251 207 3761 116 13591 78765 849
FINANCIAL POSITION
Total current assets427 472324 675183 449232 857152 809
Total non current assets723 398668 819656 108664 862635 977
Total current liabilities19 07111 2034 733108 142114 589
Total non current liabilities-----
Community wealth/Equity976 573834 728776 852566 679561 356
CASH FLOWS
Net cash from (used) operating39 55431 24844 67010 2805 280
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end60 95152 64444 66810 2785 280
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure2 33212 7966 04321 12041 455
Fruitless & wasteful expenditure240910 99520531
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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