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Ingquza Hill Local Municipality (EC153)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates30 98933 14132 89735 63622 399
Service charges1 3511 3771 3871 2521 237
Investment revenue15 4227 7456 44510 1708 533
Transfers recognised - operational322 884288 178330 955280 029231 332
Other own revenue9 2965 801101 1324 86911 104
Total Revenue (excluding capital transfers and contributions)379 943336 241472 817331 956274 605
Employee costs156 224159 314140 784131 163115 416
Remuneration of councillors24 36924 42522 62622 33722 596
Depreciation and amortisation47 104216 81874 38148 54547 759
Finance charges2 9972 2592 3753 715231
Inventory consumed and bulk purchases6 7482 7462 9204 7404 596
Transfers and subsidies1 6149 58210 397--
Other expenditure157 065149 290106 48198 24150 354
Total Expenditure396 121564 435359 964308 741240 951
Surplus/(Deficit)(16 178)(228 194)112 85323 21533 653
Transfers and subsidies - capital (monetary allocations)70 41466 16982 84444 98570 285
Transfers and subsidies - capital (in-kind)2 250----
Surplus/(Deficit) after capital transfers & contributions56 486(162 025)195 69768 200103 938
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year56 486(162 025)195 69768 200103 938
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure100 89796 482105 21490 514151 649
Transfers recognised - capital129 127-77 20853 81344 017
Borrowing-----
Internally generated funds(36 871)3 10627 25351 68043 818
Total sources of capital funds92 2563 106104 460105 49287 835
FINANCIAL POSITION
Total current assets286 096283 572289 632202 338200 690
Total non current assets1 278 1261 565 2261 715 1151 352 0361 048 961
Total current liabilities93 63594 15865 633115 96157 811
Total non current liabilities26 04524 27920 8186 78012 111
Community wealth/Equity1 464 9321 730 3601 908 4201 363 4321 075 791
CASH FLOWS
Net cash from (used) operating108 35356 832314 064377 988429 274
Net cash from (used) investing(109 344)(105 329)(126 235)(88 028)(63 419)
Net cash from (used) financing-----
Cash/cash equivalents at the year end207 742158 915(31 290)136 929306 587
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a8 3481 9071 5947 287
Fruitless & wasteful expendituren/a17---
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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