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eMadlangeni Local Municipality (KZN253)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates43 79037 40025 47122 63521 787
Service charges21 52317 29316 05617 57615 858
Investment revenue1 1121 454557576182
Transfers recognised - operational53 73145 30743 86650 58044 734
Other own revenue15 85112 0816 0338 7676 531
Total Revenue (excluding capital transfers and contributions)136 007113 53691 982100 13489 092
Employee costs52 80251 11646 13238 59338 210
Remuneration of councillors4 7944 6474 9283 9253 715
Depreciation and amortisation8 81818 61811 6289 5679 658
Finance charges1 1663071 9671 726161
Inventory consumed and bulk purchases28 07022 61620 11419 65816 852
Transfers and subsidies-----
Other expenditure76 39870 70438 27732 08231 171
Total Expenditure172 048168 008123 047105 55199 767
Surplus/(Deficit)(36 041)(54 472)(31 065)(5 417)(10 675)
Transfers and subsidies - capital (monetary allocations)52 93444 26623 8344 80714 310
Transfers and subsidies - capital (in-kind)3 449----
Surplus/(Deficit) after capital transfers & contributions20 342(10 205)(7 231)(610)3 635
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year20 342(10 205)(7 231)(610)3 635
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure41 351226 586111 247177 014154 391
Transfers recognised - capital36 80514 8549 04371 90654 492
Borrowing-----
Internally generated funds(2 993)211 732102 204105 10899 898
Total sources of capital funds33 812226 586111 247177 014154 391
FINANCIAL POSITION
Total current assets50 40359 98850 32823 95135 933
Total non current assets177 629148 275148 308208 367195 694
Total current liabilities92 05292 36872 79956 35854 439
Total non current liabilities1 4101 6361 6051 9892 171
Community wealth/Equity114 228124 464131 463174 582171 381
CASH FLOWS
Net cash from (used) operating92 57127 7474 6595 4786 852
Net cash from (used) investing(41 008)199--
Net cash from (used) financing22----
Cash/cash equivalents at the year end67 55021 9754 3175 1376 852
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure22 89016 03828 58138 63811 437
Irregular expenditure32 95747 29445 08813 77029 802
Fruitless & wasteful expenditure4371823691 114116
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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