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Mnquma Local Municipality (EC122)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Clean auditClean auditClean auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates67 92362 31168 89260 38462 907
Service charges8 6326 3635 4675 0665 163
Investment revenue21 21314 9217 0194 0245 167
Transfers recognised - operational335 158318 549290 184334 711266 957
Other own revenue41 92437 22540 61434 05329 557
Total Revenue (excluding capital transfers and contributions)474 850439 369412 175438 238369 752
Employee costs216 744204 362190 241187 010182 527
Remuneration of councillors26 89924 43624 48224 00123 823
Depreciation and amortisation349 603186 209109 667122 816117 510
Finance charges1 8941 7171 4871 0811 361
Inventory consumed and bulk purchases4 7543 3184 0702 3071 720
Transfers and subsidies7 96715 76317 12026 31112 986
Other expenditure205 909158 465121 904108 255134 621
Total Expenditure813 769594 270468 970471 781474 547
Surplus/(Deficit)(338 919)(154 901)(56 795)(33 543)(104 795)
Transfers and subsidies - capital (monetary allocations)109 80495 02982 49876 06860 629
Transfers and subsidies - capital (in-kind)---26 042-
Surplus/(Deficit) after capital transfers & contributions(229 115)(59 872)25 70368 567(44 166)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(229 115)(59 872)25 70368 567(44 166)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure305 405159 885203 072123 369168
Transfers recognised - capital192 455106 539(5 009)88 09922
Borrowing-----
Internally generated funds112 62154 56053 37431 328146
Total sources of capital funds305 077161 09948 364119 427168
FINANCIAL POSITION
Total current assets234 660236 574213 891181 60980 515
Total non current assets1 734 1422 066 368917 379911 997935 252
Total current liabilities61 56166 39859 67977 19167 313
Total non current liabilities4112 14938--
Community wealth/Equity2 135 9452 294 2681 045 850947 847992 620
CASH FLOWS
Net cash from (used) operating(441 215)2 667 5692 553 882466 418167 918
Net cash from (used) investing(34 060)(51 931)(29 593)(109 533)(52 707)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(281 035)2 776 0732 651 978407 167131 810
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure649--1 45127 303
Fruitless & wasteful expenditure---3105
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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