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Mpofana Local Municipality (KZN223)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates17 17317 24216 20518 61517 238
Service charges59 49447 51454 33969 27352 967
Investment revenue559572534347112
Transfers recognised - operational61 36792 60153 29045 55550 850
Other own revenue11 62046 26545 60122 11516 334
Total Revenue (excluding capital transfers and contributions)150 212204 193169 969155 906137 501
Employee costs71 21164 63260 23054 90151 557
Remuneration of councillors3 5373 0563 1133 0202 760
Depreciation and amortisation14 91814 81418 10417 97617 476
Finance charges23 45928 92632 06917 6277 339
Inventory consumed and bulk purchases90 88792 71489 27697 52369 866
Transfers and subsidies64-597--
Other expenditure66 56997 624118 95261 38150 142
Total Expenditure270 645301 766322 342252 429199 141
Surplus/(Deficit)(120 433)(97 573)(152 373)(96 523)(61 639)
Transfers and subsidies - capital (monetary allocations)28 14920 06310 55217 46311 981
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(92 284)(77 510)(141 821)(79 060)(49 658)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(92 284)(77 510)(141 821)(79 060)(49 658)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure17 85824 17511 92818 59211 154
Transfers recognised - capital15 61123 3408 91517 46311 121
Borrowing-----
Internally generated funds2 8286013001 12933
Total sources of capital funds18 43923 9419 21618 59211 154
FINANCIAL POSITION
Total current assets248 635215 061190 659118 510129 660
Total non current assets217 531222 036219 156217 406220 708
Total current liabilities758 670636 833541 980382 588285 756
Total non current liabilities94 84095 32483 95129 94227 048
Community wealth/Equity(295 060)(217 550)(74 295)(76 615)37 564
CASH FLOWS
Net cash from (used) operating963 108495 186426 55523 45622 349
Net cash from (used) investing---(19 560)(16 127)
Net cash from (used) financing---(4 012)(5 029)
Cash/cash equivalents at the year end965 355495 993427 3053 5193 634
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure47 24785 72576 039271 65251 944
Irregular expenditure26 34538 93632 79238 15750 782
Fruitless & wasteful expenditure23 62529 84232 649871636
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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