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uMhlabuyalingana Local Municipality (KZN271)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates22 94321 39220 90319 83019 118
Service charges624624583283202
Investment revenue1 9964 6754 8023 2735 121
Transfers recognised - operational224 415175 772154 883142 765133 777
Other own revenue3 1682 5086 0827 3716 971
Total Revenue (excluding capital transfers and contributions)253 146204 972187 254173 523165 190
Employee costs76 66672 11166 61157 98446 864
Remuneration of councillors12 98813 02612 47212 16110 386
Depreciation & asset impairment24 73024 47426 90824 47421 186
Finance charges1733738878
Materials and bulk purchases3 2972 7652 0841 587-
Transfers and grants13 6248 4781 9071 46621 852
Other expenditure107 909103 20298 53641 54099 098
Total Expenditure239 231224 392208 522139 220200 265
Surplus/(Deficit)13 915(19 420)(21 268)34 303(35 075)
Transfers recognised - capital47 75920 69540 64435 48136 825
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions61 6741 27519 37669 7841 750
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year61 6741 27519 37669 7841 750
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure78 805363 906339 589310 25874 549
Transfers recognised - capital52 04576 37965 91852 09373 548
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds88 086122 372118 080114 0881 001
Total sources of capital funds140 131198 751183 998166 18174 549
FINANCIAL POSITION
Total current assets93 97974 66264 93979 71232 783
Total non current assets334 725305 902297 433289 483275 389
Total current liabilities46 44860 38243 66429 54125 365
Total non current liabilities161616-12 935
Community wealth/Equity320 567318 891299 315269 871269 871
CASH FLOWS
Net cash from (used) operating391 23970 934n/an/a30 388
Net cash from (used) investing--n/an/a(74 316)
Net cash from (used) financing--n/an/a-
Cash/cash equivalents at the year end391 23970 934n/an/a18 261
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure----1 470
Irregular expenditure25 10231 8961 7814 9131 151
Fruitless & wasteful expenditure979338385
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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