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Greater Kokstad Local Municipality (KZN433)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates124 301120 243129 80994 60280 711
Service charges152 237139 122133 252118 934127 062
Investment revenue3 9488 5218 8779 7777 896
Transfers recognised - operational84 88970 20560 93955 55055 835
Other own revenue18 04120 25921 69817 49133 316
Total Revenue (excluding capital transfers and contributions)383 416358 350354 574296 354304 820
Employee costs146 749135 028127 61997 88698 295
Remuneration of councillors7 6017 5827 2026 9706 038
Depreciation & asset impairment35 95436 36659 60034 89338 665
Finance charges--623498
Materials and bulk purchases116 649104 16891 65088 40780 967
Transfers and grants-1 000-4-
Other expenditure107 69899 80484 10074 76169 390
Total Expenditure414 651383 947370 176302 944293 853
Surplus/(Deficit)(31 236)(25 598)(15 601)(6 590)10 967
Transfers recognised - capital46 25436 22963 68244 04427 544
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions15 01810 63248 08137 45338 512
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year15 01810 63248 08137 45338 512
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure120 23689 74371 40176 06937 338
Transfers recognised - capital45 99654 57237 13640 05327 544
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds74 30934 66421 234-9 793
Total sources of capital funds120 30589 23658 37040 05337 338
FINANCIAL POSITION
Total current assets320 379354 886391 689342 801173 042
Total non current assets788 444701 539619 773584 872547 560
Total current liabilities304 022280 128267 967232 36361 233
Total non current liabilities23 54618 36615 01615 01613 720
Community wealth/Equity802 262747 293680 399642 842645 649
CASH FLOWS
Net cash from (used) operating397 590590 749567 220301 20376 677
Net cash from (used) investing(124 663)(99 298)(84 068)(33 612)(37 338)
Net cash from (used) financing(300)572505 305(2 421)
Cash/cash equivalents at the year end484 366673 883640 162398 169125 285
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a35 739225 96828 62810 916
Fruitless & wasteful expendituren/a-1616208
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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