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Emnambithi/Ladysmith Local Municipality (KZN232)

Emnambithi/Ladysmith Local Municipality was disestablished and merged with Indaka Local Municipality to establish Alfred Duma Local Municipality on 3 August 2016. All information displayed here is historical information relating to the municipality before being disestablished.

Financial Results

All values: R'0002015/162014/152013/142012/132011/12
AUDIT OUTCOME Clean auditFinancially unqualifiedClean auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates137 136137 919128 032116 871108 450
Service charges293 486269 236246 251232 536208 587
Investment revenue10 4048 3996 1808 6327 410
Transfers recognised - operational243 539152 328105 973114 58595 733
Other own revenue45 66536 54330 43470 88751 396
Total Revenue (excluding capital transfers and contributions)730 230604 425516 869543 511471 575
Employee costs185 385158 980159 571132 731123 805
Remuneration of councillors16 10015 53714 50913 13212 164
Depreciation and amortisation50 61958 68161 25459 15458 951
Finance charges423465469556682
Inventory consumed and bulk purchases185 308161 419149 065154 750141 132
Transfers and subsidies-14 89816 92243 09419 370
Other expenditure190 700165 771170 370148 215151 832
Total Expenditure628 535575 752572 160551 633507 935
Surplus/(Deficit)101 69528 672(55 291)(8 122)(36 360)
Transfers and subsidies - capital (monetary allocations)-85 59169 68791 95961 942
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions101 695114 26414 39683 83725 583
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year101 695114 26414 39683 83725 583
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure167 907145 899110 224104 01575 899
Transfers recognised - capital110 621106 84269 68781 17962 057
Borrowing-----
Internally generated funds57 28539 05740 53722 83713 842
Total sources of capital funds167 907145 899110 224104 01575 899
FINANCIAL POSITION
Total current assets287 206303 897215 463290 947250 766
Total non current assets1 171 1461 050 650964 774869 081788 669
Total current liabilities190 191218 107155 034170 436157 322
Total non current liabilities65 71033 29238 77239 58038 195
Community wealth/Equity1 202 4501 103 147986 431950 011843 918
CASH FLOWS
Net cash from (used) operating118 780214 10193 20774 951116 801
Net cash from (used) investing(169 611)(145 422)(118 673)(109 663)(74 389)
Net cash from (used) financing(460)786(248)(1 513)(1 284)
Cash/cash equivalents at the year end139 404190 694121 229146 942183 167
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure-74726 43818 449
Fruitless & wasteful expenditure1042272011
SOURCEAudited - C1 2017Audited Outcome - A1 2016Audited Outcome - A1 2016Audited Outcome - A1 2016S71 Audited

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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