King Sabata Dalindyebo Local Municipality (EC157)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Qualified auditQualified auditQualified auditFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates217 279216 699-191 735180 579
Service charges477 684430 263-350 427316 132
Investment revenue1 6081 306-1 8343 341
Transfers recognised - operational356 623335 021-275 617264 689
Other own revenue145 329106 704(125)266 280216 081
Total Revenue (excluding capital transfers and contributions)1 198 5231 089 993(125)1 085 894980 822
Employee costs460 755434 210-374 193328 913
Remuneration of councillors27 39327 538-23 82022 687
Depreciation & asset impairment211 031160 0774 005157 887164 553
Finance charges36 29625 5213 38515 54614 285
Materials and bulk purchases331 435282 263-305 270258 531
Transfers and grants1 39338-55 87137 969
Other expenditure327 255272 169-158 095185 546
Total Expenditure1 395 5581 201 8157 3891 090 6811 012 484
Surplus/(Deficit)(197 035)(111 822)(7 514)(4 788)(31 662)
Transfers recognised - capital158 414105 403-193 745204 073
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(38 622)(6 419)(7 514)188 958172 411
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(38 622)(6 419)(7 514)188 958172 411
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure196 248202 70720 280364 222331 597
Transfers recognised - capital160 462183 68020 280360 463314 975
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds18 9421 143-3 75916 622
Total sources of capital funds179 404184 82320 280364 222331 597
FINANCIAL POSITION
Total current assets528 942323 3554 453120 41769 241
Total non current assets2 295 5342 771 364(4 130)2 781 2582 568 183
Total current liabilities790 532642 4064 453441 161318 805
Total non current liabilities116 515145 4253 38551 96269 627
Community wealth/Equity1 956 0502 313 307-2 408 5522 248 992
CASH FLOWS
Net cash from (used) operating2 012 827(327 753)-225 473212 726
Net cash from (used) investing(1 030)(993)-(215 257)(220 924)
Net cash from (used) financing(3 062)18 275-(4 177)(19 488)
Cash/cash equivalents at the year end3 014 537(511 775)-18 54112 502
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a59 00398 99321 00512 776
Irregular expendituren/a58 281297 531467 412101 521
Fruitless & wasteful expendituren/a12 79017 59312 2375 283
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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