Inkwanca Local Municipality (EC133)

Inkwanca Local Municipality was disestablished and merged with Tsolwana Local Municipality and Lukhanji Local Municipality to establish Enoch Mgijima Local Municipality on 3 August 2016. All information displayed here is historical information relating to the municipality before being disestablished.

Financial Results

All values: R'0002015/162014/152013/142012/132011/12
AUDIT OUTCOME Disclaimer of auditDisclaimer of auditDisclaimer of auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates8 3095 1235 3584 8812 819
Service charges12 6947 23013 65413 69815 898
Investment revenue000460
Transfers recognised - operational23 04221 10939 53121 62732 095
Other own revenue1 9582 9554 02511 9624 045
Total Revenue (excluding capital transfers and contributions)46 00436 41762 56852 21454 857
Employee costs22 12914 98717 78719 00918 556
Remuneration of councillors2 6111 5792 0081 8721 859
Depreciation & asset impairment7 8387 9459 6439 97810 299
Finance charges-604217245169
Materials and bulk purchases4 9853 7648 7607 7145 927
Transfers and grants1 927----
Other expenditure7 7406 38831 96018 43629 651
Total Expenditure47 22935 26870 37457 25466 461
Surplus/(Deficit)(1 225)1 149(7 806)(5 040)(11 604)
Transfers recognised - capital---12 4452 778
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(1 225)1 149(7 806)7 405(8 825)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(1 225)1 149(7 806)7 405(8 825)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure50n/a11 65712 806-
Transfers recognised - capital50n/a11 65711 946-
Public contributions & donations-n/a---
Borrowing-n/a---
Internally generated funds-n/a-861-
Total sources of capital funds50n/a11 65712 806-
FINANCIAL POSITION
Total current assets27 20811 1105 1024 0479 158
Total non current assets142 184149 276157 221163 512126 091
Total current liabilities26 15919 67822 63918 81624 795
Total non current liabilities1 757152278233319
Community wealth/Equity141 477140 556139 407148 511110 136
CASH FLOWS
Net cash from (used) operating(4 191)(71)9 14412 9707 632
Net cash from (used) investing(50)-(9 224)(12 806)(8 882)
Net cash from (used) financing----236
Cash/cash equivalents at the year end5337614722763
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--6 28517 10031 614
Irregular expenditure1 5791941 67812 5002 645
Fruitless & wasteful expenditure240618462--
SOURCEAudited - C1 2017Audited Outcome - A1 2016Audited Outcome - A1 2016Audited Outcome - A1 2016S71 Audited

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.