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uMsinga Local Municipality (KZN244)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates27 48319 49118 02117 43318 476
Service charges1 2980-0429
Investment revenue6 4964 7624 7795 8335 609
Transfers recognised - operational228 834182 049217 471169 199167 629
Other own revenue1 1421 1127 8171 5895 671
Total Revenue (excluding capital transfers and contributions)265 254207 415248 088194 055197 815
Employee costs85 35378 66876 82858 29357 865
Remuneration of councillors17 65115 94115 06217 42111 843
Depreciation and amortisation39 84032 64629 53127528 220
Finance charges-----
Inventory consumed and bulk purchases6 77427 19719 15013 27612 483
Transfers and subsidies-----
Other expenditure130 080109 43980 09860 775131 679
Total Expenditure279 699263 891220 670150 039242 090
Surplus/(Deficit)(14 445)(56 477)27 41844 015(44 275)
Transfers and subsidies - capital (monetary allocations)59 41456 10336 73351 89036 715
Transfers and subsidies - capital (in-kind)---98-
Surplus/(Deficit) after capital transfers & contributions44 969(373)64 15196 003(7 560)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year44 969(373)64 15196 003(7 560)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure57 973(177 891)(214 634)(245 274)(372 095)
Transfers recognised - capital34 450155 939127 832127 281365 537
Borrowing-----
Internally generated funds23 21018 4428 904(384 104)(344 028)
Total sources of capital funds57 660174 381136 736(256 824)21 508
FINANCIAL POSITION
Total current assets165 84794 801124 13191 21512 073
Total non current assets199 933251 329239 060256 369205 367
Total current liabilities25 87337 43233 77930 32921 782
Total non current liabilities7 5406 9936 5245 4254 880
Community wealth/Equity287 398555 851322 910215 828198 339
CASH FLOWS
Net cash from (used) operating361 346500 164529 437999 3241 228 924
Net cash from (used) investing(51 207)(63 539)(50 042)(53 169)(81 298)
Net cash from (used) financing-----
Cash/cash equivalents at the year end352 309501 386100 961824 6501 110 159
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a31 98724 71110 959-
Irregular expendituren/a7 225808--
Fruitless & wasteful expendituren/a141-1336
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
C1 2023 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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