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Ngqushwa Local Municipality (EC126)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates22 75121 08324 53025 79641 423
Service charges1 9551 8631 5541 5971 425
Investment revenue5 1496 9255 5692 6991 901
Transfers recognised - operational143 095124 850105 17198 409110 306
Other own revenue13 3397 50811 279(2 810)4 086
Total Revenue (excluding capital transfers and contributions)186 290162 230148 104125 691159 142
Employee costs98 92889 49679 10674 08871 107
Remuneration of councillors10 0079 6299 3288 8629 116
Depreciation and amortisation24 63318 33916 31917 13720 527
Finance charges474545521815771
Inventory consumed and bulk purchases119----
Transfers and subsidies-----
Other expenditure101 39877 39751 97352 93846 234
Total Expenditure235 559195 406157 246153 841147 755
Surplus/(Deficit)(49 269)(33 176)(9 142)(28 150)11 387
Transfers and subsidies - capital (monetary allocations)30 93030 08629 15326 44822 056
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(18 338)(3 089)20 011(1 702)33 443
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(18 338)(3 089)20 011(1 702)33 443
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure683 886660 217629 983634 221650 880
Transfers recognised - capital20 83016 16112 19823 08425 964
Borrowing-----
Internally generated funds663 040644 056617 78512 4458 744
Total sources of capital funds683 869660 217629 98335 52934 707
FINANCIAL POSITION
Total current assets65 72697 878110 16698 00197 790
Total non current assets355 628350 918337 520325 980339 636
Total current liabilities30 02340 07836 54323 52830 568
Total non current liabilities18 58217 71116 56815 89314 748
Community wealth/Equity391 086394 095374 566386 262358 666
CASH FLOWS
Net cash from (used) operating(1 021 448)(840 925)16 5594 3343 063
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end(1 021 448)(840 925)16 5594 3343 063
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure3 551---18 394
Irregular expenditure1 8123 3843 4923272 501
Fruitless & wasteful expenditure4859940412 64117
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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