Richmond Local Municipality (KZN227)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Adverse auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates16 41512 78012 26811 20510 262
Service charges1 019488451426405
Investment revenue3 9013 9013 9463 1102 121
Transfers recognised - operational65 72170 36469 41947 23249 331
Other own revenue7 4935 0059 3717 3626 777
Total Revenue (excluding capital transfers and contributions)94 54892 53895 45569 33568 896
Employee costs52 83036 65933 56327 44024 412
Remuneration of councillors5 6044 3134 2024 0133 751
Depreciation & asset impairment17 36817 3839 6088 5056 354
Finance charges315325617112696
Materials and bulk purchases-----
Transfers and grants-2 9151 9991 3451 988
Other expenditure38 51944 95736 84828 78124 948
Total Expenditure114 637106 55286 83770 19662 149
Surplus/(Deficit)(20 088)(14 014)8 618(860)6 747
Transfers recognised - capital9 33036 05727 70927 70216 264
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(10 758)22 04436 32726 84223 011
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(10 758)22 04436 32726 84223 011
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure22 58740 15533 03426 95924 498
Transfers recognised - capital21 10331 70629 39224 01010 280
Public contributions & donations16-5915923 291
Borrowing-----
Internally generated funds1 4678 4493 0512 35710 927
Total sources of capital funds22 58740 15533 03426 95924 498
FINANCIAL POSITION
Total current assets65 02780 44974 84754 29451 586
Total non current assets337 754333 020172 235148 809125 631
Total current liabilities27 48821 78522 01519 00625 877
Total non current liabilities16 98416 93716 06111 41510 569
Community wealth/Equity358 309374 748209 006172 682140 771
CASH FLOWS
Net cash from (used) operating30 48724 69033 75828 15924 947
Net cash from (used) investing(22 587)(40 155)(33 035)(26 912)(22 538)
Net cash from (used) financing(35)(77)(50)142(150)
Cash/cash equivalents at the year end39 96532 19447 73647 06345 674
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a19 7093 80436168
Irregular expendituren/a--246-
Fruitless & wasteful expendituren/a-8800
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.