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Ingquza Hill Local Municipality (EC153)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates31 22230 98933 14132 89735 636
Service charges1 0961 3511 3771 3871 252
Investment revenue24 81215 4227 7456 44510 170
Transfers recognised - operational346 768322 884288 178330 955280 029
Other own revenue54 2069 2965 801101 1324 869
Total Revenue (excluding capital transfers and contributions)458 104379 943336 241472 817331 956
Employee costs148 630156 224159 314140 784131 163
Remuneration of councillors26 34624 36924 42522 62622 337
Depreciation and amortisation49 63947 104216 81874 38148 545
Finance charges3 6712 9972 2592 3753 715
Inventory consumed and bulk purchases--2 7462 9204 740
Transfers and subsidies7 8201 6149 58210 397-
Other expenditure200 372163 813149 290106 48198 241
Total Expenditure436 479396 121564 435359 964308 741
Surplus/(Deficit)21 625(16 178)(228 194)112 85323 215
Transfers and subsidies - capital (monetary allocations)61 39570 41466 16982 84444 985
Transfers and subsidies - capital (in-kind)-2 250---
Surplus/(Deficit) after capital transfers & contributions83 02056 486(162 025)195 69768 200
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year83 02056 486(162 025)195 69768 200
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure88 840100 89796 482105 21490 514
Transfers recognised - capital57 933129 127-77 20853 813
Borrowing-----
Internally generated funds22 734(36 871)3 10627 25351 680
Total sources of capital funds80 66792 2563 106104 460105 492
FINANCIAL POSITION
Total current assets312 971286 096283 572289 632202 338
Total non current assets1 548 0481 278 1261 565 2261 715 1151 352 036
Total current liabilities78 05893 63594 15865 633115 961
Total non current liabilities29 02526 04524 27920 8186 780
Community wealth/Equity1 736 0771 444 5421 730 3601 908 4201 363 432
CASH FLOWS
Net cash from (used) operating211 858108 35356 832314 064377 988
Net cash from (used) investing(81 893)(109 344)(105 329)(126 235)(88 028)
Net cash from (used) financing-----
Cash/cash equivalents at the year end355 622207 742158 915(31 290)136 929
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure8 8553 4148 3481 9071 594
Fruitless & wasteful expenditure471 07217--
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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