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Elundini Local Municipality (EC141)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates30 99229 50927 90926 48231 392
Service charges55 29150 41937 61640 48637 631
Investment revenue4 3806 2676 3674 7864 821
Transfers recognised - operational212 279201 946188 146174 338204 645
Other own revenue28 36427 82621 73119 29516 764
Total Revenue (excluding capital transfers and contributions)331 306315 967281 770265 387295 253
Employee costs143 658135 629124 528114 782106 167
Remuneration of councillors14 43613 41813 41312 67912 601
Depreciation and amortisation44 88055 96549 18047 57429 817
Finance charges7 4776 6884 1772 1651 630
Inventory consumed and bulk purchases37 69332 68028 74728 71225 368
Transfers and subsidies6 0205 4961 0859171 092
Other expenditure151 595138 820132 849121 200119 143
Total Expenditure405 758388 695353 980328 030295 818
Surplus/(Deficit)(74 452)(72 728)(72 210)(62 643)(564)
Transfers and subsidies - capital (monetary allocations)53 03548 68156 80153 72763 094
Transfers and subsidies - capital (in-kind)2 054-2 552--
Surplus/(Deficit) after capital transfers & contributions(19 364)(24 047)(12 857)(8 916)62 530
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(19 364)(24 047)(12 857)(8 916)62 530
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure54 15271 37568 67669 09071 341
Transfers recognised - capital45 01443 57253 45924 44246 863
Borrowing2 8315 139(455)--
Internally generated funds6 30721 8304 79126 38921 402
Total sources of capital funds54 15270 54157 79650 83168 265
FINANCIAL POSITION
Total current assets40 02687 65684 101119 688143 142
Total non current assets657 033641 903600 273584 854556 162
Total current liabilities91 96189 52678 03294 13086 890
Total non current liabilities73 59364 29726 54316 15316 317
Community wealth/Equity529 471554 074576 872584 563596 096
CASH FLOWS
Net cash from (used) operating181 805156 861138 765114 325215 959
Net cash from (used) investing(73 476)(92 794)(72 267)(65 089)(61 486)
Net cash from (used) financing(13 473)39 607---
Cash/cash equivalents at the year end144 582149 427143 811159 766333 927
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---86-
Irregular expenditure22 435--1 12612 940
Fruitless & wasteful expenditure54-11037
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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