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Elundini Local Municipality (EC141)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedClean auditClean auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates27 90926 48231 39230 28128 822
Service charges37 61640 48637 63133 77130 951
Investment revenue6 3674 7864 8215 4195 515
Transfers recognised - operational188 146174 338204 645162 589147 878
Other own revenue20 83719 53616 76419 22118 586
Total Revenue (excluding capital transfers and contributions)280 875265 628295 253251 282231 752
Employee costs124 666114 825106 167107 48998 709
Remuneration of councillors13 41312 67912 60112 56212 028
Depreciation and amortisation49 75655 88129 81730 06735 521
Finance charges4 3412 1651 6301 9711 816
Inventory consumed and bulk purchases28 74730 08725 36822 71821 783
Transfers and subsidies1 085-1 0921 553304
Other expenditure134 004122 331119 143121 035125 701
Total Expenditure356 013337 969295 818297 396295 861
Surplus/(Deficit)(75 137)(72 341)(564)(46 114)(64 109)
Transfers and subsidies - capital (monetary allocations)56 80153 72763 09480 82985 798
Transfers and subsidies - capital (in-kind)2 552----
Surplus/(Deficit) after capital transfers & contributions(15 784)(18 614)62 53034 71621 689
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(15 784)(18 614)62 53034 71621 689
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure68 83169 58971 34172 26597 112
Transfers recognised - capital53 61327 06646 86353 44860 060
Borrowing(455)----
Internally generated funds4 79122 10521 40210 163-
Total sources of capital funds57 95049 17168 26563 61160 060
FINANCIAL POSITION
Total current assets84 028120 125143 142118 862110 245
Total non current assets599 272569 813556 162514 151466 758
Total current liabilities80 84194 49086 89084 04875 968
Total non current liabilities26 54316 15316 31715 08413 362
Community wealth/Equity642 874579 296596 096499 165465 985
CASH FLOWS
Net cash from (used) operating138 765114 535215 959353 058477 557
Net cash from (used) investing(72 227)(65 089)(61 486)(80 529)(53 894)
Net cash from (used) financing----100
Cash/cash equivalents at the year end143 851159 976333 927374 519468 266
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a86-20 370-
Irregular expendituren/a1 12612 94031 02250 576
Fruitless & wasteful expendituren/a1037628-
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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