uMshwathi Local Municipality (KZN221)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Financially unqualifiedQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates44 18745 505(986)29 62127 271
Service charges2 7132 4021861 9131 786
Investment revenue2 5212 3901 2181 1241 644
Transfers recognised - operational108 57897 97223 29387 51189 546
Other own revenue9 37513 94987110 19013 238
Total Revenue (excluding capital transfers and contributions)167 374162 21924 583130 360133 485
Employee costs75 36667 8485 72457 93754 145
Remuneration of councillors9 9649 95634 1018 6027 970
Depreciation & asset impairment14 24613 72212 60210 8559 238
Finance charges661671 1598371 217
Materials and bulk purchases2 0231 301899--
Transfers and grants--20--
Other expenditure54 23561 04811 95251 22252 597
Total Expenditure155 901154 04366 457129 453125 168
Surplus/(Deficit)11 4728 177(41 875)9078 317
Transfers recognised - capital27 59137 0983 23728 82926 764
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions39 06345 275(38 638)29 73635 081
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year39 06345 275(38 638)29 73635 081
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure353 614345 4914 95733 99943 855
Transfers recognised - capital338 158341 8326 43728 82926 764
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds3 6583 6585335 17017 091
Total sources of capital funds341 816345 4916 97033 99943 855
FINANCIAL POSITION
Total current assets152 292144 260(31 503)87 12081 721
Total non current assets240 280243 258(7 645)202 656198 428
Total current liabilities21 12729 911(709)16 94211 273
Total non current liabilities4198921994 1626 862
Community wealth/Equity331 962311 440(0)268 672262 014
CASH FLOWS
Net cash from (used) operating21(140 301)84 48132 17531 729
Net cash from (used) investing---(27 816)(27 778)
Net cash from (used) financing--2(4 068)(3 843)
Cash/cash equivalents at the year end21(140 301)84 483928637
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a1 785293--
Irregular expendituren/a13 95223 416-1 052
Fruitless & wasteful expendituren/a24---
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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