Mkhambathini Local Municipality (KZN226)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates14 21911 96111 28111 6037 038
Service charges498466---
Investment revenue3 4843 0041 875906879
Transfers recognised - operational55 61254 01755 92647 28333 306
Other own revenue10 8478 0446 6305 5113 983
Total Revenue (excluding capital transfers and contributions)84 65977 49375 71365 30345 207
Employee costs34 40823 99521 59521 41120 388
Remuneration of councillors5 1734 7984 6204 4924 123
Depreciation & asset impairment8 6906 7565 6006 7724 039
Finance charges----34
Materials and bulk purchases-----
Transfers and grants-3 3543 5317 7348 808
Other expenditure35 68224 32223 05117 64615 528
Total Expenditure83 95363 22558 39658 05652 921
Surplus/(Deficit)70614 26817 3177 246(7 714)
Transfers recognised - capital17 72512 48616 85118 05715 626
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions18 43126 75434 16825 3037 912
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year18 43126 75434 16825 3037 912
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure41 00915 60519 46021 86619 069
Transfers recognised - capital41 00915 60518 77221 86619 069
Public contributions & donations-----
Borrowing-----
Internally generated funds--688--
Total sources of capital funds41 00915 60519 46021 86619 069
FINANCIAL POSITION
Total current assets76 77765 46745 67124 93910 482
Total non current assets124 254119 533112 71099 77581 107
Total current liabilities14 99115 14415 58112 7498 687
Total non current liabilities-3 1182 8162 2001 865
Community wealth/Equity186 041166 738139 984109 76581 037
CASH FLOWS
Net cash from (used) operating28 17231 16142 07030 0356 377
Net cash from (used) investing(22 014)(15 605)(19 423)(20 992)(19 069)
Net cash from (used) financing-----
Cash/cash equivalents at the year end58 97352 81637 26014 6145 571
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure3 962-3 697--
Irregular expenditure5 6441 9205191 3551 769
Fruitless & wasteful expenditure291 0501912 967-
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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.