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Ingquza Hill Local Municipality (EC153)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME n/aDisclaimer of auditDisclaimer of auditQualified auditClean audit
FINANCIAL PERFORMANCE
Property rates32 89735 63822 39921 54121 368
Service charges1 3871 2521 2371 1351 119
Investment revenue6 51010 1698 5337 8167 953
Transfers recognised - operational330 955278 873231 332215 652200 211
Other own revenue7 59318 04811 104(33 884)7 676
Total Revenue (excluding capital transfers and contributions)379 343343 981274 605212 260238 327
Employee costs138 872127 895115 416107 85291 911
Remuneration of councillors22 62622 33722 59621 16518 984
Depreciation & asset impairment56 22353 30447 75941 56940 333
Finance charges3 506414231583388
Materials and bulk purchases2 9204 7404 5962 71417 644
Transfers and grants7 996----
Other expenditure103 42782 13550 35467 01579 520
Total Expenditure335 570290 825240 951240 899248 781
Surplus/(Deficit)43 77253 15633 653(28 639)(10 453)
Transfers recognised - capital82 84444 98570 28567 44761 832
Contributions recognised - capital & contributed assets-9 795-103-
Surplus/(Deficit) after capital transfers & contributions126 617107 936103 93838 91151 379
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year126 617107 936103 93838 91151 379
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure94 24189 441151 64999 07299 688
Transfers recognised - capital72 35819 12044 01733 29799 688
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds21 75411 02343 818--
Total sources of capital funds94 11130 14387 83533 29799 688
FINANCIAL POSITION
Total current assets317 956286 599200 690138 807125 540
Total non current assets1 403 2441 090 7171 048 9611 005 340994 204
Total current liabilities101 87780 21757 81155 90837 253
Total non current liabilities4 6586 78012 11111 60811 444
Community wealth/Equity1 576 8821 182 3831 075 7911 037 7201 071 047
CASH FLOWS
Net cash from (used) operating314 058376 354429 274312 04447 977
Net cash from (used) investing(126 235)(94 503)(63 419)(71 342)(69 281)
Net cash from (used) financing----(292)
Cash/cash equivalents at the year end(31 848)128 820306 587292 26151 559
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a1 5947 287--
Fruitless & wasteful expendituren/a--190-
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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