Hlabisa Local Municipality (KZN274)

Hlabisa Local Municipality was disestablished and merged with The Big 5 False Bay Local Municipality to establish Big 5 Hlabisa Local Municipality on 3 August 2016. All information displayed here is historical information relating to the municipality before being disestablished.

Financial Results

All values: R'0002015/162014/152013/142012/132011/12
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedDisclaimer of auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates599319319399497
Service charges368585141233
Investment revenue628703703577852
Transfers recognised - operational46 20846 77746 77744 08037 856
Other own revenue1 7621 3521 3521 3653 051
Total Revenue (excluding capital transfers and contributions)49 23249 23649 23646 56242 488
Employee costs18 11117 66017 66016 51313 015
Remuneration of councillors2 8763 7983 7983 7563 642
Depreciation & asset impairment-4 4364 4364 4733 030
Finance charges59181181275324
Materials and bulk purchases1 216343343775274
Transfers and grants4 07213 87813 8789 61014 551
Other expenditure13 70215 01115 01117 40637 077
Total Expenditure40 03555 30655 30652 80671 912
Surplus/(Deficit)9 197(6 071)(6 071)(6 244)(29 424)
Transfers recognised - capital13 56310 49110 4914 55427 739
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions22 7604 4204 420(1 690)(1 685)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year22 7604 4204 420(1 690)(1 685)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure8 6578 20510 25310 72915 310
Transfers recognised - capital8 5647 5639 18510 62115 310
Public contributions & donations-----
Borrowing-----
Internally generated funds926421 068108-
Total sources of capital funds8 6578 20510 25310 72915 310
FINANCIAL POSITION
Total current assets-7 2603 0747 42910 468
Total non current assets-107 68096 44690 62964 578
Total current liabilities-16 72814 56917 08413 930
Total non current liabilities-7 517488932873
Community wealth/Equity-90 69584 46280 04260 243
CASH FLOWS
Net cash from (used) operating23 77012 1736 18010 37512 588
Net cash from (used) investing(10 559)(8 205)(10 253)(10 729)(15 310)
Net cash from (used) financing(837)(746)(385)(414)986
Cash/cash equivalents at the year end-4 9401 7496 2066 974
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure7 03610 1422 56518 4667 062
Irregular expenditure22 89663 5939719 42019 084
Fruitless & wasteful expenditure1373019123258
SOURCEYTD Actual - C1 2016 Q4Audited Outcome - A1 2016Audited Outcome - A1 2016Audited Outcome - A1 2016S71 Audited

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.