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Ngqushwa Local Municipality (EC126)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates21 08324 53025 79641 42340 411
Service charges1 8631 5541 5971 4251 477
Investment revenue6 9255 5692 6991 9011 896
Transfers recognised - operational124 850105 17198 409110 30689 343
Other own revenue7 58911 279(2 810)4 08613 250
Total Revenue (excluding capital transfers and contributions)162 311148 104125 691159 142146 378
Employee costs89 49679 10674 08871 10772 760
Remuneration of councillors9 6299 3288 8629 1169 444
Depreciation and amortisation18 33916 31917 13720 52749 163
Finance charges5455218157711 024
Inventory consumed and bulk purchases----2 386
Transfers and subsidies----50
Other expenditure76 63151 72752 93846 23445 887
Total Expenditure194 641157 000153 841147 755180 714
Surplus/(Deficit)(32 329)(8 896)(28 150)11 387(34 336)
Transfers and subsidies - capital (monetary allocations)30 47829 15326 44822 05618 183
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(1 852)20 257(1 702)33 443(16 153)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(1 852)20 257(1 702)33 443(16 153)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure660 069632 414634 221650 880582 790
Transfers recognised - capital16 01314 70223 08425 9645 478
Borrowing-----
Internally generated funds644 056617 71212 4458 7445 898
Total sources of capital funds660 069632 41435 52934 70711 377
FINANCIAL POSITION
Total current assets98 589110 22498 00197 79058 402
Total non current assets350 770339 952325 980339 636286 545
Total current liabilities38 92233 43023 52830 56824 808
Total non current liabilities17 71116 56815 89314 74813 970
Community wealth/Equity394 576379 922386 262358 666322 322
CASH FLOWS
Net cash from (used) operating(840 925)22 7594 3343 0632 607
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end(840 925)22 7594 3343 0632 607
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---18 3943 482
Irregular expenditure3 3843 4923272 5017 780
Fruitless & wasteful expenditure59940412 6411713
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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