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uMtshezi Local Municipality (KZN234)

uMtshezi Local Municipality was disestablished and merged with Imbabazane 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 Disclaimer of auditQualified auditFinancially unqualifiedQualified auditClean audit
FINANCIAL PERFORMANCE
Property rates75 53972 16567 33943 70440 393
Service charges201 117178 836175 220163 354147 417
Investment revenue2932 1501 775-1 729
Transfers recognised - operational55 50545 17740 54636 20230 694
Other own revenue9 78011 3639 27510 2328 907
Total Revenue (excluding capital transfers and contributions)342 233309 691294 154253 492229 140
Employee costs82 12276 85675 33862 10156 391
Remuneration of councillors5 6725 5015 0374 6014 360
Depreciation and amortisation-53 11638 66436 78232 670
Finance charges6 1596 2591 660814953
Inventory consumed and bulk purchases160 170160 151143 253138 188122 017
Transfers and subsidies-6 9216 1431 165-
Other expenditure65 29365 13257 28046 11840 644
Total Expenditure319 415373 937327 375289 769257 035
Surplus/(Deficit)22 818(64 246)(33 221)(36 277)(27 895)
Transfers and subsidies - capital (monetary allocations)8 26958 06431 40630 69115 811
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions31 087(6 182)(1 815)(5 586)(12 084)
Share of surplus/(deficit) of associate-(944)---
Surplus/(Deficit) for the year31 087(7 126)(1 815)(5 586)(12 084)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure32 53462 09145 71329 87424 537
Transfers recognised - capital29 77344 31720 34020 08414 188
Borrowing--11 5397 2007 874
Internally generated funds2 76217 77413 8342 5902 474
Total sources of capital funds32 53462 09145 71329 87424 537
FINANCIAL POSITION
Total current assets134 487116 968141 88299 76885 515
Total non current assets559 471661 853654 283630 631631 846
Total current liabilities85 76678 06390 78158 60349 403
Total non current liabilities33 18740 79339 29425 09623 991
Community wealth/Equity575 005659 964666 089646 700643 967
CASH FLOWS
Net cash from (used) operating33 29050 33944 36236 81838 627
Net cash from (used) investing(25 912)(51 854)(49 348)(33 924)(39 479)
Net cash from (used) financing(64)(3 532)(1 188)(2 737)4 276
Cash/cash equivalents at the year end9 6142 3037 34913 52313 366
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-21 275---
Irregular expenditure54 6431 84031 26912 79344
Fruitless & wasteful expenditure594-29 360--
SOURCEYTD Actual - C1 2016 Q4Audited 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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