ADVERTISEMENT

Umdoni Local Municipality (KZN212)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates129 634120 535110 977103 81499 524
Service charges12 43111 15110 57510 22210 344
Investment revenue14 03714 60813 5137 1517 404
Transfers recognised - operational203 943195 692178 131167 033177 017
Other own revenue44 12333 19235 30329 15124 360
Total Revenue (excluding capital transfers and contributions)404 168375 178348 500317 371318 649
Employee costs162 243149 861145 634136 787134 045
Remuneration of councillors16 85316 33015 27114 68715 078
Depreciation and amortisation49 76446 058(8 085)102 36542 378
Finance charges1 1781 76458816174
Inventory consumed and bulk purchases6 1457 0564 7124 09812 796
Transfers and subsidies3 3093 0216501 8683 213
Other expenditure190 323198 973208 335124 898166 428
Total Expenditure429 815423 064367 105384 719374 112
Surplus/(Deficit)(25 647)(47 886)(18 605)(67 348)(55 463)
Transfers and subsidies - capital (monetary allocations)43 51938 87946 70542 47321 802
Transfers and subsidies - capital (in-kind)853 670258259-
Surplus/(Deficit) after capital transfers & contributions17 957(5 337)28 358(24 616)(33 660)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year17 957(5 337)28 358(24 616)(33 660)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure51 54051 00350 28146 04321 222
Transfers recognised - capital37 92126 92940 76536 67919 036
Borrowing-----
Internally generated funds13 62022 9059 48712 6274 985
Total sources of capital funds51 54049 83450 25149 30624 020
FINANCIAL POSITION
Total current assets257 287232 018254 036279 855282 443
Total non current assets665 766664 226651 757592 068644 276
Total current liabilities80 86571 61677 98980 77493 810
Total non current liabilities46 86847 26638 01740 40437 687
Community wealth/Equity795 320777 363789 786747 477791 030
CASH FLOWS
Net cash from (used) operating(118 300)175 960267 856128 674329 270
Net cash from (used) investing(57 684)(49 556)---
Net cash from (used) financing(58)(130)(247)--
Cash/cash equivalents at the year end(29 643)287 459459 875334 029523 627
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure26 4196 58227 86763 01716 930
Irregular expenditure303 66616 35616 91969 28991 641
Fruitless & wasteful expenditure2681112 26916 01015 397
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.
ADVERTISEMENT
ADVERTISEMENT