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Nquthu Local Municipality (KZN242)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates57 45051 45236 64545 63528 638
Service charges34 53928 96523 57225 10523 331
Investment revenue8 90710 99710 3496 95710 277
Transfers recognised - operational215 489186 803177 394161 585182 836
Other own revenue18 42425 8406 9709 8876 213
Total Revenue (excluding capital transfers and contributions)334 809304 057254 929249 169251 297
Employee costs112 281100 57087 29688 88582 866
Remuneration of councillors15 73114 04613 46213 08512 014
Depreciation and amortisation40 32936 02230 72225 42826 216
Finance charges199--3788
Inventory consumed and bulk purchases46 14933 34132 83531 17526 710
Transfers and subsidies4 3283 9854 4539 0539 505
Other expenditure119 176114 637115 932139 16894 632
Total Expenditure338 192302 602284 700307 173251 951
Surplus/(Deficit)(3 383)1 455(29 771)(58 004)(655)
Transfers and subsidies - capital (monetary allocations)53 26984 78141 02661 96430 628
Transfers and subsidies - capital (in-kind)--2 005--
Surplus/(Deficit) after capital transfers & contributions49 88586 23513 2613 96029 973
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year49 88586 23513 2613 96029 973
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(8 810)(56 013)(59 168)103 502141 323
Transfers recognised - capital16 90811 923(17 159)25 775(21 170)
Borrowing-----
Internally generated funds(25 717)(67 936)(42 009)60 10442 433
Total sources of capital funds(8 810)(56 013)(59 168)85 87921 263
FINANCIAL POSITION
Total current assets151 764138 957177 933162 891381 798
Total non current assets782 347770 347663 323630 434536 456
Total current liabilities72 13897 860115 37868 526197 875
Total non current liabilities1 5088753 3632 7792 187
Community wealth/Equity810 579724 334709 254718 058688 218
CASH FLOWS
Net cash from (used) operating(7 283)2 016 687(6 145)1 748 499282 350
Net cash from (used) investing-143 9349 784(857)(14 662)
Net cash from (used) financing----(13)
Cash/cash equivalents at the year end85 2502 269 445134 1341 945 862560 288
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure5 6707 40910 58924 953-
Irregular expenditure120 068154 22596 627121 079217 751
Fruitless & wasteful expenditure423702207233
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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