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Ray Nkonyeni Local Municipality (KZN216)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates561 030532 725507 017486 256464 477
Service charges316 561258 644250 437213 390214 942
Investment revenue3 17911 06811 61410 8455 182
Transfers recognised - operational335 426356 798390 199285 417257 076
Other own revenue134 215158 331176 565131 835149 734
Total Revenue (excluding capital transfers and contributions)1 350 4121 317 5661 335 8311 127 7431 091 411
Employee costs569 294589 975480 606455 419438 981
Remuneration of councillors38 26736 95840 27529 56726 249
Depreciation and amortisation102 944118 013126 98394 90194 081
Finance charges36 17831 13523 73424 06220 742
Inventory consumed and bulk purchases214 807191 019155 651119 244136 545
Transfers and subsidies16 96918 97618 39416 07911 906
Other expenditure536 231506 571490 471443 149357 027
Total Expenditure1 514 6901 492 6461 336 1141 182 4231 085 531
Surplus/(Deficit)(164 278)(175 080)(282)(54 680)5 880
Transfers and subsidies - capital (monetary allocations)109 254103 225122 399186 419158 945
Transfers and subsidies - capital (in-kind)---1 4906 597
Surplus/(Deficit) after capital transfers & contributions(55 024)(71 855)122 117133 230171 422
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(55 024)(71 855)122 117133 230171 422
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure148 010179 715264 338206 811188 144
Transfers recognised - capital91 515105 211160 163156 031141 090
Borrowing-3 620-6 4121 867
Internally generated funds56 49540 51544 39744 36927 049
Total sources of capital funds148 010149 346204 561206 811170 007
FINANCIAL POSITION
Total current assets212 591203 508580 454686 492670 985
Total non current assets2 433 1622 395 0152 300 7452 156 8122 029 413
Total current liabilities484 727422 900339 279441 936345 698
Total non current liabilities284 109257 565243 390189 711191 699
Community wealth/Equity2 214 9421 984 8092 288 4352 204 7952 115 346
CASH FLOWS
Net cash from (used) operating137 666226 535218 20647 036368 597
Net cash from (used) investing(156 052)(148 841)(168 468)(242 572)(184 742)
Net cash from (used) financing(5 236)(20 745)(29 114)(31 987)(35 816)
Cash/cash equivalents at the year end23 380123 354136 245(95 831)291 833
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a188 232---
Irregular expendituren/a5 120185 793387 2954 393
Fruitless & wasteful expendituren/a1473435
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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