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Vulamehlo Local Municipality (KZN211)

Vulamehlo Local Municipality was disestablished and its municipal area merged into eThekwini Metropolitan Municipality and Umdoni 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 unqualifiedQualified auditQualified auditDisclaimer of auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates2 4192 2342 2371 8241 487
Service charges282----
Investment revenue3 0151 523856482221
Transfers recognised - operational-55 07145 05544 55632 781
Other own revenue114 185509396628319
Total Revenue (excluding capital transfers and contributions)119 90159 33748 54347 49034 808
Employee costs19 68717 65515 35513 40610 958
Remuneration of councillors8 9957 8186 6846 6655 154
Depreciation and amortisation18 23111 51615 4989 6095 666
Finance charges116259299330411
Inventory consumed and bulk purchases-----
Transfers and subsidies23 2908 1407 9956 3793 038
Other expenditure31 32219 76515 99018 66615 450
Total Expenditure101 64265 15261 82255 05640 676
Surplus/(Deficit)18 259(5 814)(13 279)(7 566)(5 868)
Transfers and subsidies - capital (monetary allocations)-16 40121 79911 56815 741
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions18 25910 5878 5204 0029 873
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year18 25910 5878 5204 0029 873
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure44 08010 58219 52612 48315 803
Transfers recognised - capital43 8859 40719 52612 48315 803
Borrowing-----
Internally generated funds-1 174---
Total sources of capital funds44 08010 58219 52612 48315 803
FINANCIAL POSITION
Total current assets39 69934 45217 72319 5896 492
Total non current assets149 513125 575126 272122 286109 795
Total current liabilities20 49515 71410 53216 9856 590
Total non current liabilities1 1761 1531 0671 0141 839
Community wealth/Equity167 542143 161132 396123 876107 859
CASH FLOWS
Net cash from (used) operating31 99733 38216 04722 82713 407
Net cash from (used) investing(35 689)(10 440)(19 506)(12 656)(15 940)
Net cash from (used) financing(991)-(548)(1 660)1 976
Cash/cash equivalents at the year end27 03231 7168 77312 7801 142
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure50 3055 1066 39612 61810 721
Fruitless & wasteful expenditure17215216197-
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.
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