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Ngqushwa Local Municipality (EC126)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates24 53025 79641 42340 41131 240
Service charges1 5541 5971 4251 477806
Investment revenue5 5692 6991 9011 8961 212
Transfers recognised - operational105 17198 409110 30689 34395 065
Other own revenue6 642(2 810)4 08613 2505 661
Total Revenue (excluding capital transfers and contributions)143 467125 691159 142146 378133 984
Employee costs79 10674 08871 10772 76066 713
Remuneration of councillors9 3288 8629 1169 4448 575
Depreciation and amortisation16 29517 13720 52749 16325 408
Finance charges5218157711 024788
Inventory consumed and bulk purchases---2 3862 740
Transfers and subsidies---5050
Other expenditure51 72752 93846 23445 88749 823
Total Expenditure156 976153 841147 755180 714154 097
Surplus/(Deficit)(13 509)(28 150)11 387(34 336)(20 113)
Transfers and subsidies - capital (monetary allocations)29 15326 44822 05618 18331 816
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions15 643(1 702)33 443(16 153)11 702
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year15 643(1 702)33 443(16 153)11 702
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure632 414634 221650 880582 790424 773
Transfers recognised - capital14 70223 08425 9645 47810 289
Borrowing-----
Internally generated funds617 71212 4458 7445 8983 005
Total sources of capital funds632 41435 52934 70711 37713 294
FINANCIAL POSITION
Total current assets110 22498 00197 79058 40239 597
Total non current assets339 976325 980339 636286 545294 279
Total current liabilities33 43023 52830 56824 80823 841
Total non current liabilities16 56815 89314 74813 97013 382
Community wealth/Equity384 560386 262358 666322 322284 950
CASH FLOWS
Net cash from (used) operating4 0714 3343 0632 6073 453
Net cash from (used) investing-----
Net cash from (used) financing----(3)
Cash/cash equivalents at the year end4 0714 3343 0632 6073 451
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--18 3943 4826 955
Irregular expenditure3 4923272 5017 78023 369
Fruitless & wasteful expenditure40412 6411713102
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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