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uMfolozi Local Municipality (KZN281)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates44 48343 26527 09925 63523 840
Service charges757698669667598
Investment revenue5 8644 5953 8452 1951 618
Transfers recognised - operational198 576189 349172 755155 188173 315
Other own revenue5 2164 1204 1883 0322 568
Total Revenue (excluding capital transfers and contributions)254 896242 028208 555186 716201 938
Employee costs90 01585 13576 69073 11770 161
Remuneration of councillors14 68314 57613 25712 19711 227
Depreciation and amortisation38 17929 56634 55033 19419 669
Finance charges445518611488692
Inventory consumed and bulk purchases1 5442 2112 1271 7933 083
Transfers and subsidies2 2375 3864 6038231 086
Other expenditure116 132121 076104 880107 97877 564
Total Expenditure263 236258 469236 718229 591183 482
Surplus/(Deficit)(8 340)(16 441)(28 162)(42 875)18 456
Transfers and subsidies - capital (monetary allocations)40 31032 29939 19854 01952 343
Transfers and subsidies - capital (in-kind)--2 032--
Surplus/(Deficit) after capital transfers & contributions31 97115 85813 06811 14470 799
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year31 97115 85813 06811 14470 799
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure24 423593 960551 938510 936458 403
Transfers recognised - capital22 10814 03058 89455 10542 848
Borrowing-----
Internally generated funds2 315578 381491 495453 937415 116
Total sources of capital funds24 423592 411550 389509 042457 963
FINANCIAL POSITION
Total current assets93 74655 44750 80947 62960 688
Total non current assets409 434409 390396 458389 391366 109
Total current liabilities36 76727 23926 40524 21327 659
Total non current liabilities4 0157 1706 8726 8957 017
Community wealth/Equity430 428414 571400 922383 624250 523
CASH FLOWS
Net cash from (used) operating372 964308 73515 774(408)6
Net cash from (used) investing-----
Net cash from (used) financing(1 224)(3 409)(2 447)(1 224)-
Cash/cash equivalents at the year end391 879305 32813 329(1 630)8
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure9 08639 02542 978148 5449 688
Irregular expenditure36 11871 17134 49553 67045 002
Fruitless & wasteful expenditure13634401 93615
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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