The Big 5 False Bay Local Municipality (KZN273)

The Big 5 False Bay Local Municipality was disestablished and merged with Hlabisa 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 Qualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates11 19912 3169 9757 3726 165
Service charges1 5501 4651 3681 0781 020
Investment revenue196121377178178
Transfers recognised - operational43 58733 86920 50219 99719 477
Other own revenue3 9965 76710 239307732
Total Revenue (excluding capital transfers and contributions)60 52853 53942 46128 93127 572
Employee costs16 89515 44712 5789 8149 190
Remuneration of councillors1 9931 8121 7071 4161 430
Depreciation & asset impairment4 0002 9903 2423 3032 418
Finance charges32576609405-
Materials and bulk purchases1 4791 906133169-
Transfers and grants3009 8283 8574 3754 763
Other expenditure32 43320 13720 04814 22810 768
Total Expenditure57 13352 69642 17533 71028 569
Surplus/(Deficit)3 396843286(4 779)(996)
Transfers recognised - capital11 41911 1569 51810 16710 269
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions14 81511 9999 8045 3889 272
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year14 81511 9999 8045 3889 272
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure11 69713 0238 73910 6948 197
Transfers recognised - capital11 41911 1568 73910 6948 197
Public contributions & donations-----
Borrowing-----
Internally generated funds2781 867---
Total sources of capital funds11 69713 0238 73910 6948 197
FINANCIAL POSITION
Total current assets42 19017 97916 2349 5339 930
Total non current assets129 405116 163106 386100 85195 054
Total current liabilities36 81716 24314 32312 15211 690
Total non current liabilities115 1414 9824 788-
Community wealth/Equity134 767112 758103 31593 44493 294
CASH FLOWS
Net cash from (used) operating13 41413 7565 73412 2427 464
Net cash from (used) investing(8 632)(13 757)(8 796)(10 767)(8 308)
Net cash from (used) financing(367)(484)1 116(2 272)-
Cash/cash equivalents at the year end2 574(1 840)(1 354)592407
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure2 827315 5689 2365 057
Irregular expenditure19 84711 207362180852
Fruitless & wasteful expenditure377169470142502
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.