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Inkosi uMtubatuba Local Municipality (KZN275)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates59 71657 38050 78555 34859 596
Service charges5 8225 6383 7345 4017 269
Investment revenue2 0702 2401 3461 1591 719
Transfers recognised - operational260 753295 668230 763201 633232 707
Other own revenue17 71531 71217 57324 34718 479
Total Revenue (excluding capital transfers and contributions)346 075392 639304 201287 888319 769
Employee costs146 820133 673127 684106 75689 076
Remuneration of councillors18 46217 21917 39316 01315 925
Depreciation and amortisation36 47137 38435 46632 85929 078
Finance charges2 5922 1983 6461 655743
Inventory consumed and bulk purchases1 7446 67515 59633 1069 804
Transfers and subsidies-33211537689
Other expenditure163 181174 261180 077153 318161 183
Total Expenditure369 269371 443380 073344 244306 497
Surplus/(Deficit)(23 193)21 195(75 871)(56 356)13 272
Transfers and subsidies - capital (monetary allocations)38 04444 95547 33451 11333 850
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions14 85166 150(28 537)(5 244)47 122
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year14 85166 150(28 537)(5 244)47 122
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure166 582939 879812 354763 274706 929
Transfers recognised - capital85 954558 830519 181493 450385 336
Borrowing-----
Internally generated funds80 628381 049293 173269 824186 051
Total sources of capital funds166 582939 879812 354763 274571 388
FINANCIAL POSITION
Total current assets60 68239 30844 18138 00277 087
Total non current assets601 686586 001492 764477 999450 700
Total current liabilities172 336150 128174 501119 40293 782
Total non current liabilities-----
Community wealth/Equity475 181409 030390 981401 843386 882
CASH FLOWS
Net cash from (used) operating123 66116 44218 70715 01216 407
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end125 79117 07325 13015 01116 406
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure62 75037 85658 24746 05834 403
Irregular expenditure131 530274 546101 15123 894179 490
Fruitless & wasteful expenditure2 0242 6551 0925 3152 969
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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