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uMngeni Local Municipality (KZN222)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates275 079261 027238 062231 694219 869
Service charges131 002124 865106 251102 90991 305
Investment revenue4 2544 6643 5202 5331 715
Transfers recognised - operational115 956108 514101 039106 60599 957
Other own revenue40 30629 34226 15832 40626 689
Total Revenue (excluding capital transfers and contributions)566 598528 412475 029476 146439 536
Employee costs159 922148 444137 502123 938125 190
Remuneration of councillors12 13111 75310 39710 0939 330
Depreciation and amortisation60 63627 825119 51370 23859 363
Finance charges9 7069 2309 1106 5557 261
Inventory consumed and bulk purchases219 171185 217151 980158 896129 445
Transfers and subsidies1 5981 7791 407654573
Other expenditure105 872119 430181 570151 939189 931
Total Expenditure569 036503 678611 479522 313521 092
Surplus/(Deficit)(2 438)24 734(136 449)(46 167)(81 556)
Transfers and subsidies - capital (monetary allocations)50 49451 20249 70321 64431 183
Transfers and subsidies - capital (in-kind)3431 230---
Surplus/(Deficit) after capital transfers & contributions48 39977 166(86 746)(24 524)(50 373)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year48 39977 166(86 746)(24 524)(50 373)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure28 83444 34543 35033 89325 019
Transfers recognised - capital(996)(44)5 986-29 130
Borrowing-----
Internally generated funds1 564831 1631119 136
Total sources of capital funds567387 15011138 266
FINANCIAL POSITION
Total current assets180 503137 92769 91294 18484 674
Total non current assets1 066 8181 076 4181 019 9641 075 7721 105 445
Total current liabilities133 703109 24575 46978 65484 025
Total non current liabilities95 624135 505122 466115 296105 590
Community wealth/Equity1 016 754969 596891 940975 6411 000 505
CASH FLOWS
Net cash from (used) operating132 416174 507425 874391 406335 986
Net cash from (used) investing(79 516)(90 244)(55 345)(30 344)(1 900)
Net cash from (used) financing--(2 630)(2 457)-
Cash/cash equivalents at the year end86 95296 513381 521381 090366 185
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure3 278-100 710283 02586 057
Irregular expenditure1 9431 4023 32016 45621 966
Fruitless & wasteful expenditure521 78064 621647
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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