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King Sabata Dalindyebo Local Municipality (EC157)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates270 756276 613244 824217 279216 699
Service charges577 216562 781498 028482 705430 263
Investment revenue4 3051 0631 3611 5321 306
Transfers recognised - operational428 066383 773459 594353 434335 021
Other own revenue151 589220 869111 883146 197153 954
Total Revenue (excluding capital transfers and contributions)1 431 9321 445 0991 315 6891 201 1471 137 243
Employee costs555 487541 016511 375478 499436 754
Remuneration of councillors29 65728 61328 25227 39327 538
Depreciation & asset impairment262 144160 799164 83670 493180 619
Finance charges13 58418 91229 14222 24725 521
Materials and bulk purchases427 289418 135332 150330 708282 263
Transfers and grants32 61944 46182648851 908
Other expenditure306 602309 845253 919202 238272 526
Total Expenditure1 627 3811 521 7811 320 5001 132 0671 277 127
Surplus/(Deficit)(195 449)(76 682)(4 811)69 080(139 885)
Transfers recognised - capital134 014112 858109 873118 387105 403
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(61 436)36 176105 062187 466(34 481)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(61 436)36 176105 062187 466(34 481)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure117 07633 24593 233205 362131 069
Transfers recognised - capital114 66630 47376 466186 568112 042
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds2 1492 660(1 049)18 6731 143
Total sources of capital funds116 81533 13375 417205 242113 185
FINANCIAL POSITION
Total current assets398 827337 322271 677745 734375 759
Total non current assets2 264 0362 602 3933 834 5062 540 0222 430 760
Total current liabilities491 425492 966421 088819 128652 153
Total non current liabilities60 57666 59592 704117 633145 425
Community wealth/Equity2 168 4992 343 9773 487 3302 161 5292 043 422
CASH FLOWS
Net cash from (used) operating(161 186)(644 679)206 2521 066 635626 325
Net cash from (used) investing(125 254)(105 212)(39)(1 030)(435)
Net cash from (used) financing----20 006
Cash/cash equivalents at the year end(215 586)(644 005)284 3821 088 248327 233
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a165 5213 646144 82359 003
Irregular expendituren/a1 309 8719 28523 50558 281
Fruitless & wasteful expendituren/a4 60119 56323 63812 790
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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