Nkandla Local Municipality (KZN286)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates53 86224 64320 77718 83512 818
Service charges14 47014 01210 0839 3297 964
Investment revenue1 1121 4668356642 077
Transfers recognised - operational103 4896 02689 28985 42286 872
Other own revenue4 04690 2773 3804 0577 539
Total Revenue (excluding capital transfers and contributions)176 979136 423124 363118 306117 270
Employee costs57 30147 51545 70440 33737 328
Remuneration of councillors9 6549 4228 9738 0457 896
Depreciation & asset impairment18 29217 39714 48612 1659 066
Finance charges321111138--
Materials and bulk purchases17 11513 06314 19712 7219 380
Transfers and grants89269724--
Other expenditure65 03470 94651 52970 75462 698
Total Expenditure168 610159 151135 051144 022126 366
Surplus/(Deficit)8 370(22 728)(10 687)(25 715)(9 096)
Transfers recognised - capital21 51931 48923 17039 79657 187
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions29 8888 76112 48314 08048 091
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year29 8888 76112 48314 08048 091
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure421 992402 420378 83641 70568 346
Transfers recognised - capital181 900171 146160 06541 70568 346
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds230 894224 676211 329--
Total sources of capital funds412 794395 822371 39441 70568 346
FINANCIAL POSITION
Total current assets52 86722 84414 59613 33023 369
Total non current assets324 877320 666312 788359 837328 676
Total current liabilities43 18740 45129 08928 64932 901
Total non current liabilities---6 6536 195
Community wealth/Equity304 669294 298285 813337 865312 950
CASH FLOWS
Net cash from (used) operating-(140 111)-36 83263 015
Net cash from (used) investing---(40 507)(67 584)
Net cash from (used) financing(323)8124--
Cash/cash equivalents at the year end(321)(140 098)1248074 482
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a11 10411 39122 0033 309
Irregular expendituren/a4 87310 73615 48114 677
Fruitless & wasteful expendituren/a1241 70910180
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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