Elundini Local Municipality (EC141)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Adverse auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates17 50117 21814 58313 66113 357
Service charges25 41823 99220 80718 98119 140
Investment revenue4 7784 5393 6522 1011 592
Transfers recognised - operational168 566152 226157 496118 37895 237
Other own revenue14 6907 5307 04712 22011 679
Total Revenue (excluding capital transfers and contributions)230 953205 505203 586165 341141 005
Employee costs79 76470 48070 80361 67654 014
Remuneration of councillors12 02810 22910 7929 8149 483
Depreciation & asset impairment32 79326 95626 84330 83432 118
Finance charges1 3701 205907814687
Materials and bulk purchases33 50330 91424 23320 58218 880
Transfers and grants30 30420 20623 392-4 744
Other expenditure53 47564 29848 70054 10849 278
Total Expenditure243 237224 288205 670177 827169 203
Surplus/(Deficit)(12 284)(18 783)(2 085)(12 487)(28 198)
Transfers recognised - capital70 27641 38633 23440 84129 773
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions57 99222 60331 15028 3541 574
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year57 99222 60331 15028 3541 574
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure70 43256 06543 88447 58433 330
Transfers recognised - capital51 17331 96427 78724 141-
Public contributions & donations----33 330
Borrowing-----
Internally generated funds19 25924 10116 09723 443-
Total sources of capital funds70 43256 06543 88447 58433 330
FINANCIAL POSITION
Total current assets89 62357 05562 83446 86832 325
Total non current assets441 284404 142375 643359 397344 647
Total current liabilities42 84736 15836 17739 26743 189
Total non current liabilities21 04316 01415 87812 9949 966
Community wealth/Equity467 017409 026386 423354 005323 816
CASH FLOWS
Net cash from (used) operating79 09145 97658 84454 11434 781
Net cash from (used) investing(61 967)(55 625)(40 849)(44 364)(32 372)
Net cash from (used) financing185(135)(84)(178)(137)
Cash/cash equivalents at the year end59 24041 93251 71633 80624 233
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---2 9805 180
Irregular expenditure54 5316 646-48451
Fruitless & wasteful expenditure---87490
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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