ADVERTISEMENT

Ezinqoleni Local Municipality (KZN215)

Ezinqoleni Local Municipality was disestablished and merged into Ray Nkonyeni Local Municipality on 3 August 2016. All information displayed here is historical information relating to the municipality before being disestablished.

Financial Results

All values: R'0002015/162014/152013/142012/132011/12
AUDIT OUTCOME Financially unqualifiedClean auditClean auditFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates2 2632 1572 667769672
Service charges-----
Investment revenue2 9372 2191 7021 020-
Transfers recognised - operational50 28339 08633 11031 20629 772
Other own revenue1 3161 3888805041 775
Total Revenue (excluding capital transfers and contributions)56 79944 85038 35933 49832 220
Employee costs15 17412 67511 54410 2018 055
Remuneration of councillors3 5703 2933 0102 8142 445
Depreciation and amortisation10 076-9 75411 4783 733
Finance charges--11532
Inventory consumed and bulk purchases-----
Transfers and subsidies-724993585 057
Other expenditure26 47727 61612 87411 8035 880
Total Expenditure55 29844 30738 17636 36825 202
Surplus/(Deficit)1 501543183(2 870)7 018
Transfers and subsidies - capital (monetary allocations)13 76214 19415 75014 54812 983
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions15 26314 73715 93311 67720 001
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year15 26314 73715 93311 67720 001
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure32 09918 13315 56312 74214 482
Transfers recognised - capital12 00713 75614 42412 19611 125
Borrowing-----
Internally generated funds20 0924 3771 1395453 357
Total sources of capital funds32 09918 13315 56312 74214 482
FINANCIAL POSITION
Total current assets40 09645 41438 52728 89822 754
Total non current assets107 85785 70277 51871 58456 257
Total current liabilities6 2174 3704 6875 4937 668
Total non current liabilities2 6452 1571 4971 465251
Community wealth/Equity139 091124 589109 86193 52471 092
CASH FLOWS
Net cash from (used) operating24 00323 11523 61621 44215 898
Net cash from (used) investing(31 876)(18 031)(14 835)(12 742)(14 483)
Net cash from (used) financing--(18)(597)-
Cash/cash equivalents at the year end33 10141 70836 62527 86219 759
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---8 4553 138
Irregular expenditure20 773--31831
Fruitless & wasteful expenditure-62---
SOURCEAudited - C1 2017Audited Outcome - A1 2016Audited Outcome - A1 2016Audited Outcome - A1 2016S71 Audited

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.
ADVERTISEMENT
ADVERTISEMENT