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uMsinga Local Municipality (KZN244)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedClean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates17 31626 95033 42819 49118 021
Service charges1 1801 0391 4980-
Investment revenue12 66511 5947 1684 7624 779
Transfers recognised - operational254 804257 708320 747182 049217 471
Other own revenue2 52364 4023 9381 1127 817
Total Revenue (excluding capital transfers and contributions)288 487361 693366 781207 415248 088
Employee costs120 430100 56291 34178 66876 828
Remuneration of councillors2 81319 60618 55815 94115 062
Depreciation and amortisation43136 52639 84032 64629 531
Finance charges-----
Inventory consumed and bulk purchases6998 9796 80727 19719 150
Transfers and subsidies87----
Other expenditure147 075192 750133 614109 43980 098
Total Expenditure271 534358 422290 160263 891220 670
Surplus/(Deficit)16 9533 27076 621(56 477)27 418
Transfers and subsidies - capital (monetary allocations)59 83353 15359 41456 10336 733
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions76 78556 423136 035(373)64 151
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year76 78556 423136 035(373)64 151
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure59 16965 63560 500(177 891)(214 634)
Transfers recognised - capital19 48751 15736 653155 939127 832
Borrowing-----
Internally generated funds11 50713 76823 53318 4428 904
Total sources of capital funds30 99464 92560 187174 381136 736
FINANCIAL POSITION
Total current assets188 963189 156178 65394 801124 131
Total non current assets320 300239 779(30 468)251 329239 060
Total current liabilities33 17031 02811 60937 43233 779
Total non current liabilities10 6989 2985476 9936 524
Community wealth/Equity465 780388 610(7)555 851322 910
CASH FLOWS
Net cash from (used) operating262 706606 534520 343500 164529 437
Net cash from (used) investing(85 673)(121 900)(144 048)(63 539)(50 042)
Net cash from (used) financing-----
Cash/cash equivalents at the year end253 603536 833372 650501 386100 961
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--6 75931 98724 711
Irregular expenditure-12 07424 5327 225808
Fruitless & wasteful expenditure1 007-30141-
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
C1 2023 Q1
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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