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Imbabazane Local Municipality (KZN236)

Imbabazane Local Municipality was disestablished and merged with uMtshezi Local Municipality to establish Inkosi Langalibalele 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 Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates13 6828 6297 2616 3164 792
Service charges-----
Investment revenue1 9072 2742 7271 858990
Transfers recognised - operational94 73178 32075 40966 54457 268
Other own revenue3591 0224462 662547
Total Revenue (excluding capital transfers and contributions)110 67990 24585 84277 38063 597
Employee costs31 76041 22117 77518 71213 692
Remuneration of councillors7 2356 8186 1805 9975 563
Depreciation and amortisation12 59510 2287 7174 7334 891
Finance charges314-398729
Inventory consumed and bulk purchases9 6258 5726 9053 5892 647
Transfers and subsidies--3 4672 725-
Other expenditure58 95145 87842 41028 53730 696
Total Expenditure120 480112 71784 49364 38057 517
Surplus/(Deficit)(9 802)(22 472)1 35013 0006 080
Transfers and subsidies - capital (monetary allocations)23 51722 78724 15623 00625 914
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions13 71531525 50636 00631 994
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year13 71531525 50636 00631 994
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure49 39153 43137 50924 81618 479
Transfers recognised - capital49 39122 78736 52320 96318 243
Borrowing-----
Internally generated funds-30 6449863 853-
Total sources of capital funds49 39153 43137 50924 81618 479
FINANCIAL POSITION
Total current assets41 06753 70762 96454 08447 737
Total non current assets128 224114 990100 10084 54365 929
Total current liabilities6 56620 91715 79914 38821 954
Total non current liabilities8898896897441 686
Community wealth/Equity161 835146 890146 576123 49590 026
CASH FLOWS
Net cash from (used) operating13 5631 50526 44129 09635 146
Net cash from (used) investing(28 298)(25 535)(25 414)(14 785)(13 298)
Net cash from (used) financing-(164)(209)(159)-
Cash/cash equivalents at the year end8 48422 71046 90446 08631 935
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure13 454----
Irregular expenditure27 482--769-
Fruitless & wasteful expenditure3365890729
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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