ADVERTISEMENT

Nquthu Local Municipality (KZN242)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditDisclaimer of auditDisclaimer of auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates36 64545 63528 63842 62436 996
Service charges23 57225 46523 33117 45215 958
Investment revenue10 3496 95710 27719 2702 108
Transfers recognised - operational177 394161 585182 836144 567126 102
Other own revenue5 63510 2616 2136 7842 138
Total Revenue (excluding capital transfers and contributions)253 594249 902251 297230 697183 302
Employee costs87 58188 88882 86669 57759 564
Remuneration of councillors13 46213 08512 01412 16311 170
Depreciation and amortisation30 72225 42826 21622 790-
Finance charges-084-
Inventory consumed and bulk purchases32 83931 17026 71029 14418 769
Transfers and subsidies4 4539 0539 5055 08723
Other expenditure105 366108 51094 63248 10331 647
Total Expenditure274 423276 135251 951186 869121 174
Surplus/(Deficit)(20 829)(26 233)(655)43 82862 128
Transfers and subsidies - capital (monetary allocations)41 02636 80630 62839 85350 114
Transfers and subsidies - capital (in-kind)2 005----
Surplus/(Deficit) after capital transfers & contributions22 20310 57329 97383 681112 242
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year22 20310 57329 97383 681112 242
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(48 443)103 575141 32370 68145 470
Transfers recognised - capital(6 537)25 775(21 170)48 36241 705
Borrowing-----
Internally generated funds(41 906)60 17742 43322 0013 961
Total sources of capital funds(48 443)85 95221 26370 36345 666
FINANCIAL POSITION
Total current assets182 931359 178381 798473 906396 147
Total non current assets674 049614 391536 456394 972339 934
Total current liabilities109 381242 021197 875171 195622 796
Total non current liabilities3 3632 7792 1872 172-
Community wealth/Equity722 032718 195688 218611 8291 043
CASH FLOWS
Net cash from (used) operating4 202120 998282 350(3 925)(116 571)
Net cash from (used) investing(512)(1 645)(14 662)(805)-
Net cash from (used) financing(12)(15)(13)207(15 301)
Cash/cash equivalents at the year end134 174317 558560 288262 347114 996
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a24 953---
Irregular expendituren/a121 079217 751128 803106 936
Fruitless & wasteful expendituren/a7233189
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
C1 2020 Q4

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.
ADVERTISEMENT
ADVERTISEMENT

Powered by Creative 8 | Version: 2.10.24 / PHP Version: 8.1.29