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Mkhambathini Local Municipality (KZN226)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates31 93025 11723 93724 87619 217
Service charges672630596556533
Investment revenue3 5664 6653 7032 2422 596
Transfers recognised - operational106 377187 48092 89476 55985 494
Other own revenue7 4118 34517 4118 0198 574
Total Revenue (excluding capital transfers and contributions)149 956226 236138 541112 253116 416
Employee costs60 98754 26549 03451 09343 215
Remuneration of councillors6 7876 8206 2885 8836 022
Depreciation and amortisation14 29013 45512 96811 76310 756
Finance charges--3910
Inventory consumed and bulk purchases9 5135 6383 2234 2224 445
Transfers and subsidies----152
Other expenditure87 666165 82091 96783 89768 639
Total Expenditure179 243245 998163 520156 858133 228
Surplus/(Deficit)(29 287)(19 762)(24 979)(44 605)(16 813)
Transfers and subsidies - capital (monetary allocations)18 15917 16259 96846 17525 800
Transfers and subsidies - capital (in-kind)--3 800--
Surplus/(Deficit) after capital transfers & contributions(11 128)(2 600)38 7891 5708 987
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(11 128)(2 600)38 7891 5708 987
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure46 517364 147338 653296 188251 296
Transfers recognised - capital37 466176 968182 267163 598136 412
Borrowing-----
Internally generated funds9 051187 179156 386132 590114 884
Total sources of capital funds46 517364 147338 653296 188251 296
FINANCIAL POSITION
Total current assets15 98736 60656 32859 52272 295
Total non current assets287 793278 665257 458223 285189 313
Total current liabilities17 89018 59224 80834 02916 279
Total non current liabilities6 2555 0573 9954 0143 163
Community wealth/Equity290 762294 222246 193243 195233 179
CASH FLOWS
Net cash from (used) operating248 00729 03323 257--
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end284 88736 05834 26530 20416 488
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---9 6924 701
Irregular expenditure8281 0778 7356 157441
Fruitless & wasteful expenditure26442-
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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