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Ingquza Hill Local Municipality (EC153)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates39 80331 22230 98933 14132 897
Service charges1 3941 0961 3511 3771 387
Investment revenue24 12624 81215 4227 7456 445
Transfers recognised - operational367 753346 768322 884288 178330 955
Other own revenue63 93156 446816 2535 801101 132
Total Revenue (excluding capital transfers and contributions)497 008460 3441 186 900336 241472 817
Employee costs163 510148 630150 359159 314140 784
Remuneration of councillors29 15426 34624 36924 42522 626
Depreciation and amortisation56 76551 50448 815216 81874 381
Finance charges4 1373 6713 0232 2592 375
Inventory consumed and bulk purchases---2 7462 920
Transfers and subsidies5 0967 82010 0049 58210 397
Other expenditure213 810200 078925 829149 290106 481
Total Expenditure472 471438 0501 162 400564 435359 964
Surplus/(Deficit)24 53722 29424 500(228 194)112 853
Transfers and subsidies - capital (monetary allocations)79 40458 77770 41466 16982 844
Transfers and subsidies - capital (in-kind)--2 250--
Surplus/(Deficit) after capital transfers & contributions103 94181 07197 164(162 025)195 697
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year103 94181 07197 164(162 025)195 697
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure132 37288 90084 16996 482105 214
Transfers recognised - capital78 32757 99248 175-77 208
Borrowing-----
Internally generated funds50 44222 73435 9713 10627 253
Total sources of capital funds128 76980 72684 1453 106104 460
FINANCIAL POSITION
Total current assets341 544312 971279 560283 572289 632
Total non current assets1 624 7251 531 0311 490 0661 565 2261 715 115
Total current liabilities96 60578 45972 66594 15865 633
Total non current liabilities29 78629 02526 04524 27920 818
Community wealth/Equity1 839 8791 736 9921 630 2741 730 3601 908 420
CASH FLOWS
Net cash from (used) operating275 730211 858108 35356 832314 064
Net cash from (used) investing(127 862)(81 893)(109 344)(105 329)(126 235)
Net cash from (used) financing-----
Cash/cash equivalents at the year end415 690355 622207 742158 915(31 290)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure-8 8553 4148 3481 907
Fruitless & wasteful expenditure1 460471 07217-
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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