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Emfuleni Local Municipality (GT421)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates1 148 1201 016 800936 972896 097856 165
Service charges4 394 5634 348 2614 128 1673 906 3383 605 450
Investment revenue5 8873 7456 40612 83010 168
Transfers recognised - operational1 046 857974 4551 349 993830 740847 854
Other own revenue631 367349 393310 976417 963408 081
Total Revenue (excluding capital transfers and contributions)7 226 7966 692 6536 732 5146 063 9685 727 718
Employee costs1 251 4241 207 2081 157 7581 061 6091 054 164
Remuneration of councillors63 54256 82856 64556 59066 194
Depreciation and amortisation617 171635 189585 838351 537368 807
Finance charges603 554366 914195 757232 128365 979
Inventory consumed and bulk purchases4 173 5123 594 2883 247 6123 042 8402 542 542
Transfers and subsidies2 0031 4543 0321 4481 479
Other expenditure2 419 0552 724 8502 611 8802 819 3582 096 783
Total Expenditure9 130 2608 586 7327 858 5207 565 5106 495 948
Surplus/(Deficit)(1 903 464)(1 894 079)(1 126 007)(1 501 542)(768 230)
Transfers and subsidies - capital (monetary allocations)120 76161 09742 30734 926159 624
Transfers and subsidies - capital (in-kind)43 816273 5961 188 36862 01916 035
Surplus/(Deficit) after capital transfers & contributions(1 738 887)(1 559 386)104 668(1 404 597)(592 571)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(1 738 887)(1 559 386)104 668(1 404 597)(592 571)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure371 958548 6421 316 687173 230231 415
Transfers recognised - capital148 799330 6581 212 24074 008176 877
Borrowing---1 558-
Internally generated funds222 593217 984104 44797 66554 538
Total sources of capital funds371 392548 6421 316 687173 230231 415
FINANCIAL POSITION
Total current assets2 835 0362 290 8212 433 9651 369 5591 538 621
Total non current assets12 233 91211 693 13911 707 13911 080 17911 327 588
Total current liabilities9 827 0347 848 7336 407 2524 896 5683 866 060
Total non current liabilities387 091346 980395 234344 382361 780
Community wealth/Equity7 247 6187 979 2647 338 6189 925 53410 470 800
CASH FLOWS
Net cash from (used) operating(640 808)(1 117 353)1 042 258--
Net cash from (used) investing(371 393)(548 640)(1 312 111)5(2)
Net cash from (used) financing----1 219
Cash/cash equivalents at the year end(882 798)(1 396 513)(29 515)217 51468 669
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure2 214 0917 513 5341 152 4851 653 1511 001 895
Irregular expenditure92 324232 30680 090309 610365 726
Fruitless & wasteful expenditure598 1021 730 580399 626225 183357 568
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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