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Msunduzi Local Municipality (KZN225)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedQualified auditQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates1 696 6651 359 0871 370 1731 212 7731 204 676
Service charges4 968 6774 086 7623 870 4973 846 3053 188 295
Investment revenue33 90244 11816 95710 4457 908
Transfers recognised - operational982 981824 545801 751681 678756 194
Other own revenue711 542613 025367 682365 182351 055
Total Revenue (excluding capital transfers and contributions)8 393 7676 927 5376 427 0616 116 3835 508 128
Employee costs1 686 4321 612 9181 466 8561 468 9611 427 114
Remuneration of councillors58 38263 54251 81849 43951 641
Depreciation and amortisation335 237361 848350 684372 611380 262
Finance charges118 42086 051150 81433 59642 537
Inventory consumed and bulk purchases4 229 2483 592 0593 089 7373 034 5152 712 322
Transfers and subsidies18 38625 24029 56232 41316 870
Other expenditure2 456 4672 292 4571 086 2311 730 8341 769 584
Total Expenditure8 902 5748 034 1166 225 7026 722 3686 400 330
Surplus/(Deficit)(508 807)(1 106 579)201 359(605 986)(892 202)
Transfers and subsidies - capital (monetary allocations)388 201427 923324 319368 725498 603
Transfers and subsidies - capital (in-kind)7461992602 104
Surplus/(Deficit) after capital transfers & contributions(119 859)(678 457)525 680(237 201)(391 495)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(119 859)(678 457)525 680(237 201)(391 495)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure15 206 429882 088552 51412 565 9648 138 236
Transfers recognised - capital--323 914-3 094 590
Borrowing-----
Internally generated funds15 206 429819 701228 600-877 142
Total sources of capital funds15 206 429819 701552 514-3 971 732
FINANCIAL POSITION
Total current assets2 846 3072 297 4354 168 8893 301 6603 064 611
Total non current assets9 003 6358 604 4308 924 7508 206 0038 053 141
Total current liabilities3 048 2774 104 1883 885 7902 718 5112 607 041
Total non current liabilities2 096 226733 130658 474775 015814 494
Community wealth/Equity6 825 2986 743 0048 023 6958 251 3388 087 712
CASH FLOWS
Net cash from (used) operating(2 163 353)-790 678-492 870
Net cash from (used) investing--(498 681)-229
Net cash from (used) financing--(79 163)--
Cash/cash equivalents at the year end(2 023 238)366 360695 26756 302493 125
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---1 666 547920 572
Irregular expenditure68 74114 06559 889180 14150 096
Fruitless & wasteful expenditure160 19544 892153 18217 7199 219
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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