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Nkandla Local Municipality (KZN286)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates65 84662 73158 42954 35049 094
Service charges14 49413 49512 93613 26214 245
Investment revenue2 0752 1581 1841 1121 280
Transfers recognised - operational138 052136 403123 171113 938129 426
Other own revenue4 8664 3964 4613 7713 958
Total Revenue (excluding capital transfers and contributions)225 333219 182200 181186 432198 002
Employee costs75 98869 92071 21268 01458 850
Remuneration of councillors11 03911 26410 3599 8349 490
Depreciation and amortisation21 87227 07018 65922 45220 886
Finance charges1752961 715758460
Inventory consumed and bulk purchases25 55427 33025 60224 25418 848
Transfers and subsidies1 2021 1248312 546853
Other expenditure73 49385 722104 915127 42283 886
Total Expenditure209 323222 727233 293255 281193 272
Surplus/(Deficit)16 010(3 545)(33 112)(68 849)4 730
Transfers and subsidies - capital (monetary allocations)35 27332 78540 31535 95622 510
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions51 28429 2407 203(32 893)27 239
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year51 28429 2407 203(32 893)27 239
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure577 479547 429519 576479 532453 788
Transfers recognised - capital264 278237 167211 516197 904180 048
Borrowing-----
Internally generated funds313 201310 262308 060281 628261 564
Total sources of capital funds577 479547 429519 576479 532441 612
FINANCIAL POSITION
Total current assets65 68016 61724 43030 10566 181
Total non current assets365 705353 257339 306329 990336 380
Total current liabilities38 59028 54453 96256 58039 356
Total non current liabilities8 6898 5085 6779 375-
Community wealth/Equity384 106332 822296 894327 033335 966
CASH FLOWS
Net cash from (used) operating289 941255 190214 971--
Net cash from (used) investing(86 858)(51 911)(15 101)--
Net cash from (used) financing-----
Cash/cash equivalents at the year end203 083203 279199 870115 131
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure9 8227 41023 62646 675-
Irregular expenditure2 0563 25512 27811 5879 398
Fruitless & wasteful expenditure461641 337508151
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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