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Greater Kokstad Local Municipality (KZN433)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates152 376150 626132 158129 591124 301
Service charges225 187219 190192 468193 791152 237
Investment revenue12 27210 9217 4373 6113 948
Transfers recognised - operational113 68293 84785 86479 57984 889
Other own revenue25 04725 91438 64221 89018 041
Total Revenue (excluding capital transfers and contributions)528 565500 497456 569428 462383 416
Employee costs177 342162 057146 661146 330146 749
Remuneration of councillors8 7248 3038 1037 6077 601
Depreciation and amortisation37 03241 84238 65041 42035 954
Finance charges9488281 4761 232-
Inventory consumed and bulk purchases189 906165 506146 791126 379116 649
Transfers and subsidies5 2784 515115--
Other expenditure119 093128 906101 801105 785107 705
Total Expenditure538 322511 958443 597428 752414 659
Surplus/(Deficit)(9 757)(11 461)12 972(290)(31 243)
Transfers and subsidies - capital (monetary allocations)63 60373 61476 88889 90746 254
Transfers and subsidies - capital (in-kind)-12 497---
Surplus/(Deficit) after capital transfers & contributions53 84574 65089 86089 61715 011
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year53 84574 65089 86089 61715 011
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure93 767109 717140 25781 159120 236
Transfers recognised - capital55 572116 671107 11880 07545 996
Borrowing-----
Internally generated funds29 009(19 452)43 1941 08474 309
Total sources of capital funds84 58197 220150 31281 159120 305
FINANCIAL POSITION
Total current assets384 163406 513402 398335 877320 336
Total non current assets1 010 224949 099907 609854 025788 444
Total current liabilities292 322305 856323 979286 249304 675
Total non current liabilities23 40023 40021 31725 11023 546
Community wealth/Equity1 078 6651 039 307964 707880 932780 558
CASH FLOWS
Net cash from (used) operating304 109231 167293 186246 635397 590
Net cash from (used) investing(104 715)(114 429)(81 714)(130 096)(124 663)
Net cash from (used) financing-----
Cash/cash equivalents at the year end310 427248 920282 459167 114484 666
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure27 69634 147---
Irregular expenditure7144 5699 91321 90749 713
Fruitless & wasteful expenditure-1 328-832-
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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