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King Sabata Dalindyebo Local Municipality (EC157)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates308 846290 508267 055276 613244 824
Service charges727 806676 118573 046562 781498 028
Investment revenue7 2284 7884 4661 0631 361
Transfers recognised - operational478 310453 868428 334383 773459 594
Other own revenue152 971169 728160 331221 880111 883
Total Revenue (excluding capital transfers and contributions)1 675 1601 595 0101 433 2311 446 1101 315 689
Employee costs633 615595 830551 265541 016511 375
Remuneration of councillors32 91031 60129 39428 61328 252
Depreciation and amortisation121 768242 642126 350160 799164 836
Finance charges36 53622 38812 80318 91229 142
Inventory consumed and bulk purchases608 744526 066406 228418 135332 150
Transfers and subsidies1 55737 1419 71544 461826
Other expenditure381 202415 701270 108309 845253 919
Total Expenditure1 816 3321 871 3691 405 8631 521 7811 320 500
Surplus/(Deficit)(141 171)(276 359)27 368(75 671)(4 811)
Transfers and subsidies - capital (monetary allocations)166 577179 098130 273106 642109 873
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions25 406(97 261)157 64230 971105 062
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year25 406(97 261)157 64230 971105 062
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure180 242234 249239 65427 02993 233
Transfers recognised - capital108 99669 438234 84124 25676 466
Borrowing-----
Internally generated funds8 0212 2234 4522 660(1 049)
Total sources of capital funds117 01871 661239 29326 91675 417
FINANCIAL POSITION
Total current assets706 202523 170402 297338 332271 677
Total non current assets2 335 7552 294 2062 425 7612 596 1773 834 506
Total current liabilities796 750627 308472 997492 966421 088
Total non current liabilities56 75458 88939 82066 59592 704
Community wealth/Equity2 163 0472 228 4392 157 5992 343 9773 487 330
CASH FLOWS
Net cash from (used) operating1 077 30857 044(151 620)(644 679)206 252
Net cash from (used) investing(909 041)(196 579)(125 254)(105 212)(39)
Net cash from (used) financing(2 082)----
Cash/cash equivalents at the year end227 414(58 004)(206 021)(644 005)284 382
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure86 49339 308197 723165 5213 646
Irregular expenditure50 53125 4048 8681 309 8719 285
Fruitless & wasteful expenditure37 09017 2168 2364 60119 563
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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