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Mpofana Local Municipality (KZN223)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME n/aQualified auditDisclaimer of auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates14 72210 85414 61317 69213 682
Service charges53 41165 27069 89561 86852 611
Investment revenue-2--275
Transfers recognised - operational50 60434 90846 31050 38133 364
Other own revenue13 53225 57561121 20015 903
Total Revenue (excluding capital transfers and contributions)132 268136 608131 428151 141115 835
Employee costs54 21739 60357 17238 98633 220
Remuneration of councillors1 9292 5251 9072 5252 718
Depreciation & asset impairment13 11116 5137 81015 61513 886
Finance charges3 915386289386385
Materials and bulk purchases66 64160 06566 93160 06557 468
Transfers and grants---474-
Other expenditure46 31359 32329 95457 83954 710
Total Expenditure186 125178 415164 063175 890162 386
Surplus/(Deficit)(53 857)(41 807)(32 635)(24 749)(46 551)
Transfers recognised - capital12 01511 72520 8621 90013 477
Contributions recognised - capital & contributed assets280283134105-
Surplus/(Deficit) after capital transfers & contributions(41 563)(29 798)(11 639)(22 743)(33 074)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(41 563)(29 798)(11 639)(22 743)(33 074)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(4 169)15 524(67 315)14 75814 867
Transfers recognised - capital(1 911)13 70813 43814 18914 867
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds-----
Total sources of capital funds(1 911)13 70813 43814 18914 867
FINANCIAL POSITION
Total current assets(1 351)40 19235 26638 50745 260
Total non current assets(3 930)24 90918 595235170 985
Total current liabilities41 23174 38957 90165 39288 994
Total non current liabilities(4 949)(3 583)331(3 907)38 117
Community wealth/Equity-24 0927 268-89 134
CASH FLOWS
Net cash from (used) operating24 89114 627(6 643)1 88918 734
Net cash from (used) investing----(41 600)
Net cash from (used) financing(0)15(7)718 419
Cash/cash equivalents at the year end24 79614 637(6 650)1 896497
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a33 79411 03537 51950 985
Irregular expendituren/a36 00230 14816 2196 075
Fruitless & wasteful expendituren/a18 60810 2802 1301 523
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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