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uMngeni Local Municipality (KZN222)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates261 027238 062231 694219 869204 868
Service charges124 784106 251102 90991 30585 008
Investment revenue4 6643 5202 5331 7152 650
Transfers recognised - operational108 514101 039106 60599 95780 093
Other own revenue29 35326 15732 40626 68918 052
Total Revenue (excluding capital transfers and contributions)528 342475 028476 146439 536390 671
Employee costs148 444137 502123 938125 190111 733
Remuneration of councillors11 75310 39710 0939 3309 324
Depreciation and amortisation35 526119 46870 23859 36373 446
Finance charges9 3897 3806 5557 2612 015
Inventory consumed and bulk purchases185 217152 359158 896129 445113 369
Transfers and subsidies1 7791 407654573486
Other expenditure119 133179 869151 939189 931165 917
Total Expenditure511 241608 382522 313521 092476 288
Surplus/(Deficit)17 101(133 354)(46 167)(81 556)(85 618)
Transfers and subsidies - capital (monetary allocations)51 20249 70321 64431 18325 484
Transfers and subsidies - capital (in-kind)1 230----
Surplus/(Deficit) after capital transfers & contributions69 533(83 651)(24 524)(50 373)(60 133)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year69 533(83 651)(24 524)(50 373)(60 133)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure44 34543 28033 89325 019(58 252)
Transfers recognised - capital(44)5 986-29 13020 278
Borrowing-----
Internally generated funds831 1631119 1364 457
Total sources of capital funds387 15011138 26624 735
FINANCIAL POSITION
Total current assets136 97974 03594 18484 674137 811
Total non current assets1 070 4511 012 2651 075 7721 105 4451 168 618
Total current liabilities109 35680 93178 65484 025111 450
Total non current liabilities136 601113 276115 296105 59085 733
Community wealth/Equity902 895892 093975 6411 000 5051 108 158
CASH FLOWS
Net cash from (used) operating174 507425 874391 406335 9861 132
Net cash from (used) investing(90 244)(55 345)(30 344)(1 900)(3 672)
Net cash from (used) financing-(2 630)(2 457)--
Cash/cash equivalents at the year end96 513381 521381 090366 18522 715
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a100 710283 02586 057124 529
Irregular expendituren/a3 32016 45621 9661
Fruitless & wasteful expendituren/a64 621647270
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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