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Umuziwabantu Local Municipality (KZN214)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates28 44725 26225 16720 04325 853
Service charges54 59040 92136 30141 06336 904
Investment revenue6 4998 6877 9395 7735 523
Transfers recognised - operational128 706122 087115 419108 314120 130
Other own revenue4 4847 72420 88110 6549 273
Total Revenue (excluding capital transfers and contributions)222 727204 680205 706185 847197 682
Employee costs87 75283 38181 37175 86976 974
Remuneration of councillors10 42610 4119 3158 1968 653
Depreciation and amortisation26 89535 15524 60821 13721 197
Finance charges7981 371426558433
Inventory consumed and bulk purchases59 58749 67442 32841 68537 327
Transfers and subsidies4 7951 4061 4753 4034 150
Other expenditure76 124106 30785 72264 31451 832
Total Expenditure266 376287 705245 245215 163200 566
Surplus/(Deficit)(43 649)(83 025)(39 538)(29 316)(2 883)
Transfers and subsidies - capital (monetary allocations)27 54938 12526 55832 46422 922
Transfers and subsidies - capital (in-kind)----795
Surplus/(Deficit) after capital transfers & contributions(16 101)(44 900)(12 980)3 14820 834
Share of surplus/(deficit) of associate---(1 440)4 977
Surplus/(Deficit) for the year(16 101)(44 900)(12 980)1 70825 811
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(2 224)26 14442 79261 26756 590
Transfers recognised - capital(4 287)27 99515 49431 205101 098
Borrowing-----
Internally generated funds2 0635 37015 0296 685(44 508)
Total sources of capital funds(2 224)33 36530 52337 89056 590
FINANCIAL POSITION
Total current assets191 100182 566215 005224 953216 161
Total non current assets434 096436 694442 699426 109386 052
Total current liabilities159 222139 911133 701111 05085 658
Total non current liabilities35 09531 98429 92033 91113 970
Community wealth/Equity430 878447 365494 082506 101502 585
CASH FLOWS
Net cash from (used) operating19 45312 661(6 997)7 124199 404
Net cash from (used) investing(26 970)(41 723)(44 563)(44 366)(62 230)
Net cash from (used) financing----(6)
Cash/cash equivalents at the year end47 96268 55172 80873 763197 253
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---99
Irregular expenditure14 1325 5385 80813 25126 391
Fruitless & wasteful expenditure43499823988
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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