uMfolozi Local Municipality (KZN281)

Part of Ntambanana Local Municipality was merged into uMfolozi Local Municipality on 3 August 2016. Financial, Employment and Service Delivery information prior to the 2016/17 financial year only includes figures for uMfolozi Local Municipality. View historical information for Ntambanana Local Municipality.

Financial Results

All values: R'0002018/192017/182016/172015/162014/15
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates26 57813 4847 5026 8576 490
Service charges502476343312279
Investment revenue1 1551 1232841 8621 560
Transfers recognised - operational130 958130 769120 365101 22984 975
Other own revenue2 3327 81617 7845 11611 634
Total Revenue (excluding capital transfers and contributions)161 524153 669146 278115 377104 938
Employee costs54 77047 63537 69627 30723 467
Remuneration of councillors10 84210 4918 8618 4397 919
Depreciation & asset impairment9 33915 6967 9626 3334 632
Finance charges1 1761 6101 119332310
Materials and bulk purchases2 385----
Transfers and grants5621 53210 82311 5655 810
Other expenditure79 45982 40377 50366 28954 329
Total Expenditure158 532159 366143 965120 26696 467
Surplus/(Deficit)2 992(5 697)2 313(4 889)8 471
Transfers recognised - capital37 39026 56424 04940 37237 617
Contributions recognised - capital & contributed assets32 897----
Surplus/(Deficit) after capital transfers & contributions73 27820 86726 36235 48446 088
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year73 27820 86726 36235 48446 088
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure367 22631 67855 58849 29250 213
Transfers recognised - capital41 31727 81224 04940 37237 617
Public contributions & donationsn/a1 12813 834--
Borrowing-----
Internally generated funds309 0812 73717 7058 92012 596
Total sources of capital funds350 39831 67855 58849 29250 213
FINANCIAL POSITION
Total current assets28 61012 78512 90614 19315 440
Total non current assets304 940245 701231 586183 960141 001
Total current liabilities40 01840 34943 39632 00725 397
Total non current liabilities9 4599 06011 5642 9793 361
Community wealth/Equity210 794209 077189 531163 167127 683
CASH FLOWS
Net cash from (used) operating(145 785)29 94043 15746 61053 101
Net cash from (used) investing-(29 902)(41 754)(48 471)(46 312)
Net cash from (used) financing13(1 224)-(1 117)(3 756)
Cash/cash equivalents at the year end(145 773)4281 6142113 188
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-26 28826 61418 52321 454
Irregular expenditure31 30115 3922 9932 65123 705
Fruitless & wasteful expenditure63197---
SOURCEAudited Outcome - C1 2020 Q3Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017

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.