King Sabata Dalindyebo Local Municipality (EC157)

Financial Results

All values: R'0002018/192017/182016/172015/162014/15
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates216 699216 427191 221180 579159 482
Service charges430 263399 067350 427316 132266 743
Investment revenue1 3061 6911 8343 3414 399
Transfers recognised - operational335 021293 882275 617264 689220 077
Other own revenue106 704154 943267 383216 081262 878
Total Revenue (excluding capital transfers and contributions)1 089 9931 066 0091 086 483980 822913 579
Employee costs434 210454 510360 610328 913310 827
Remuneration of councillors27 53826 47723 82022 68720 854
Depreciation & asset impairment160 077128 104151 119164 553245 600
Finance charges25 52121 05014 72814 28516 290
Materials and bulk purchases282 263256 243305 270258 531185 321
Transfers and grants3834 90855 87137 96929 618
Other expenditure272 169316 801158 107185 546280 728
Total Expenditure1 201 8151 238 0921 069 5241 012 4841 089 237
Surplus/(Deficit)(111 822)(172 083)16 958(31 662)(175 658)
Transfers recognised - capital105 403190 299199 953204 073164 242
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(6 419)18 216216 911172 411(11 416)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(6 419)18 216216 911172 411(11 416)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure202 707191 319365 189331 597157 901
Transfers recognised - capital183 680177 299184 388206 065149 188
Public contributions & donationsn/a13 000167 751108 911-
Borrowing-----
Internally generated funds1 1431 02013 04916 6228 713
Total sources of capital funds184 823191 319365 189331 597157 901
FINANCIAL POSITION
Total current assets323 355136 498120 98169 24187 125
Total non current assets2 771 3642 914 5362 798 1152 568 1832 384 555
Total current liabilities642 406466 581386 000318 805288 155
Total non current liabilities145 425103 41166 81269 62785 603
Community wealth/Equity2 313 3072 481 0422 466 2832 248 9922 097 922
CASH FLOWS
Net cash from (used) operating(328 695)197 525207 191212 726236 432
Net cash from (used) investing(993)(178 315)(196 975)(220 924)(156 042)
Net cash from (used) financing(4 014)(10 385)(4 177)(19 488)(168 684)
Cash/cash equivalents at the year end(535 005)27 36618 54112 50240 186
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure59 00398 99321 00512 776142 726
Irregular expenditure58 281297 531467 412101 521132 203
Fruitless & wasteful expenditure12 79017 59312 2375 2834 790
SOURCEAudited Outcome - C1 2020 Q3Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017

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