Tsolwana Local Municipality (EC132)

Tsolwana Local Municipality was disestablished and merged with Inkwanca 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 auditQualified auditFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates3 0832 2811 6621 5101 360
Service charges9 5726 5566 4209 7835 433
Investment revenue1 094772644300378
Transfers recognised - operational49 72039 95535 68431 72226 565
Other own revenue3 4084 47212 1569 1608 616
Total Revenue (excluding capital transfers and contributions)66 87654 03756 56652 47542 351
Employee costs19 36517 94918 21720 25217 434
Remuneration of councillors3 0882 7382 6372 3192 192
Depreciation & asset impairment1 0577 7007 5143 4635 704
Finance charges342-10654497
Materials and bulk purchases10 1478 7158 0827 7969 487
Transfers and grants18 157-7 1922 7684 269
Other expenditure12 82221 14523 85822 68018 772
Total Expenditure64 97858 24667 60659 33358 355
Surplus/(Deficit)1 899(4 209)(11 040)(6 858)(16 005)
Transfers recognised - capital8 41913 68915 43913 34710 875
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions10 3179 4804 4006 489(5 130)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year10 3179 4804 4006 489(5 130)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure27 84413 91914 36910 0169 865
Transfers recognised - capital27 65313 74713 7249 6449 626
Public contributions & donations-----
Borrowing-----
Internally generated funds191172645372239
Total sources of capital funds27 84413 91914 36910 0169 865
FINANCIAL POSITION
Total current assets31 35824 59720 55318 24317 675
Total non current assets119 57585 06078 44196 57191 897
Total current liabilities40 01316 94416 04914 74413 251
Total non current liabilities22 52722 36622 0784 5525 010
Community wealth/Equity88 39270 34760 86795 51891 312
CASH FLOWS
Net cash from (used) operating27 30915 55217 09111 7427 596
Net cash from (used) investing(27 838)(14 398)(14 360)(10 024)(9 850)
Net cash from (used) financing-(14)(39)(64)(46)
Cash/cash equivalents at the year end14 00315 67313 39310 0997 978
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure5222 0803 7365627 998
Irregular expenditure5 1621 0181144956 947
Fruitless & wasteful expenditure2394623350
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.