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Mbhashe Local Municipality (EC121)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates21 09920 43219 99116 24211 637
Service charges3 8943 7303 4912 6383 491
Investment revenue45 35440 17226 19811 6155 717
Transfers recognised - operational382 941363 246328 241281 001332 729
Other own revenue16 60613 51310 29311 67510 554
Total Revenue (excluding capital transfers and contributions)469 893441 094388 214323 171364 129
Employee costs149 248139 164126 011131 226141 540
Remuneration of councillors24 07623 22723 49213 1957 449
Depreciation and amortisation67 76556 68857 73364 93755 743
Finance charges1821982205
Inventory consumed and bulk purchases--1(162)143
Transfers and subsidies---5-
Other expenditure164 298183 931136 629104 067105 665
Total Expenditure405 405403 032343 874313 350310 745
Surplus/(Deficit)64 48838 06244 3399 82153 384
Transfers and subsidies - capital (monetary allocations)79 34485 236103 22548 15158 065
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions143 833123 298147 56457 972111 449
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year143 833123 298147 56457 972111 449
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 390 6301 312 6471 207 3761 116 2751 072 988
Transfers recognised - capital109 789134 265100 38537 10347 012
Borrowing-----
Internally generated funds1 279 7001 176 4631 106 9911 079 03244 775
Total sources of capital funds1 389 4881 310 7291 207 3761 116 13591 787
FINANCIAL POSITION
Total current assets499 411422 582324 675183 449232 857
Total non current assets762 157696 755668 819656 108664 862
Total current liabilities19 66121 21111 2034 733108 142
Total non current liabilities-----
Community wealth/Equity1 098 074974 829834 728776 852566 679
CASH FLOWS
Net cash from (used) operating50 62939 28031 24844 67010 280
Net cash from (used) investing55----
Net cash from (used) financing-----
Cash/cash equivalents at the year end72 12460 67752 64444 66810 278
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure21 9712 33212 7966 04321 120
Fruitless & wasteful expenditure218240910 995205
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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