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uMshwathi Local Municipality (KZN221)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedClean auditFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates57 35257 75147 23349 59045 649
Service charges3 3532 8912 7252 6632 839
Investment revenue10 37310 4816 9412 7091 890
Transfers recognised - operational147 522141 801131 483127 954134 967
Other own revenue14 64514 34023 20321 99310 028
Total Revenue (excluding capital transfers and contributions)233 245227 264211 586204 909195 373
Employee costs100 45496 17492 42882 70775 244
Remuneration of councillors12 72512 61010 32411 10510 217
Depreciation and amortisation19 73523 54133 32221 58738 916
Finance charges-----
Inventory consumed and bulk purchases5665 0222 8944 1432 692
Transfers and subsidies6 974-111 139572
Other expenditure110 51792 86293 23186 900141 986
Total Expenditure250 970230 208232 210207 581269 626
Surplus/(Deficit)(17 726)(2 944)(20 625)(2 672)(74 253)
Transfers and subsidies - capital (monetary allocations)31 22732 78542 87333 97727 091
Transfers and subsidies - capital (in-kind)9 760----
Surplus/(Deficit) after capital transfers & contributions23 26129 84122 24831 305(47 162)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year23 26129 84122 24831 305(47 162)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure37 542122 52981 29648 069712 408
Transfers recognised - capital31 59680 84651 91712 646696 433
Borrowing-----
Internally generated funds5 94641 68329 37935 4233 717
Total sources of capital funds37 542122 52981 29648 069700 150
FINANCIAL POSITION
Total current assets176 292160 370170 917154 596123 143
Total non current assets394 206364 016345 460325 773584 679
Total current liabilities57 50234 95349 42335 49030 072
Total non current liabilities---627-
Community wealth/Equity489 734459 591444 706381 646724 911
CASH FLOWS
Net cash from (used) operating(41 607)(36 739)139 3491 3711 553
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end68 182(36 739)139 3491 3711 553
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure3 032--9 16177 091
Irregular expenditure3 9762 547--125
Fruitless & wasteful expenditure-----
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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