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Umzimkhulu Local Municipality (KZN435)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates9 4069 4039 4849 8207 301
Service charges3 0982 9842 8912 6922 811
Investment revenue13 3859 3738 71513 02814 016
Transfers recognised - operational238 677222 444248 651195 788174 950
Other own revenue5 2984 3675 1884 5385 618
Total Revenue (excluding capital transfers and contributions)269 863248 571274 928225 867204 696
Employee costs122 094113 996109 618100 89490 975
Remuneration of councillors17 43617 51616 26715 96413 997
Depreciation and amortisation33 29744 87553 04937 86346 668
Finance charges13 8472 2658387731 699
Inventory consumed and bulk purchases3 6171 5731 9061 4941 684
Transfers and subsidies-1666142544 585
Other expenditure115 35993 98977 31069 04281 475
Total Expenditure305 650274 380259 603226 284241 084
Surplus/(Deficit)(35 787)(25 809)15 326(417)(36 387)
Transfers and subsidies - capital (monetary allocations)49 28156 67278 61843 41352 702
Transfers and subsidies - capital (in-kind)2 986----
Surplus/(Deficit) after capital transfers & contributions16 48030 86393 94442 99616 315
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year16 48030 86393 94442 99616 315
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure151 79775 166104 89252 98747 953
Transfers recognised - capital98 96350 55465 87036 10128 110
Borrowing-----
Internally generated funds52 83424 61239 02216 86019 756
Total sources of capital funds151 79775 166104 89252 96147 866
FINANCIAL POSITION
Total current assets188 974183 941213 303245 089180 182
Total non current assets633 450640 141570 202475 480467 240
Total current liabilities42 92962 26212 15359 41627 731
Total non current liabilities5 1964 9699 5007 8086 293
Community wealth/Equity774 299752 991761 875610 349597 083
CASH FLOWS
Net cash from (used) operating297 451257 297294 540138 71277 635
Net cash from (used) investing(104 960)(120 159)(136 074)(57 833)(73 570)
Net cash from (used) financing----23
Cash/cash equivalents at the year end375 216347 622747 193558 997351 139
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a25 85821 3865 47140 499
Fruitless & wasteful expendituren/a247---
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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