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King Sabata Dalindyebo Local Municipality (EC157)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates289 509270 756276 613244 824217 279
Service charges674 919577 216562 781498 028482 705
Investment revenue5 0734 3051 0631 3611 532
Transfers recognised - operational456 978428 066383 773459 594353 434
Other own revenue168 232151 318221 880111 883146 197
Total Revenue (excluding capital transfers and contributions)1 594 7111 431 6601 446 1101 315 6891 201 147
Employee costs594 561555 487541 016511 375478 499
Remuneration of councillors31 63529 65728 61328 25227 393
Depreciation and amortisation266 834262 144160 799164 83670 493
Finance charges17 83113 58418 91229 14222 247
Inventory consumed and bulk purchases525 382427 289418 135332 150330 708
Transfers and subsidies-25 18344 461826488
Other expenditure315 361306 602309 845253 919202 238
Total Expenditure1 751 6051 619 9451 521 7811 320 5001 132 067
Surplus/(Deficit)(156 894)(188 285)(75 671)(4 811)69 080
Transfers and subsidies - capital (monetary allocations)153 038119 178106 642109 873118 387
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(3 856)(69 107)30 971105 062187 466
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(3 856)(69 107)30 971105 062187 466
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure177 760103 46027 02993 233205 362
Transfers recognised - capital161 850101 05124 25676 466186 568
Borrowing-----
Internally generated funds12 8092 1492 660(1 049)18 673
Total sources of capital funds174 659103 20026 91675 417205 242
FINANCIAL POSITION
Total current assets615 540399 567338 332271 677745 734
Total non current assets2 292 6392 250 4202 596 1773 834 5062 540 022
Total current liabilities649 264491 425492 966421 088819 128
Total non current liabilities51 97660 57666 59592 704117 633
Community wealth/Equity2 210 7952 163 2942 343 9773 487 3302 161 529
CASH FLOWS
Net cash from (used) operating57 544(161 186)(644 679)206 2521 066 635
Net cash from (used) investing(196 579)(125 254)(105 212)(39)(1 030)
Net cash from (used) financing-----
Cash/cash equivalents at the year end(57 504)(215 586)(644 005)284 3821 088 248
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure39 308197 723165 5213 646144 823
Irregular expenditure25 4048 8681 309 8719 28523 505
Fruitless & wasteful expenditure17 2168 2364 60119 56323 638
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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