Nkandla Local Municipality (KZN286)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates4 91818 83512 81811 1257 902
Service charges11 4329 3297 9648 5497 509
Investment revenue1236642 0779891 288
Transfers recognised - operational23 29085 42286 87270 65154 265
Other own revenue11 3124 0577 5392 8644 154
Total Revenue (excluding capital transfers and contributions)51 076118 306117 27094 17875 120
Employee costs33 51040 33737 32831 01824 054
Remuneration of councillors7 8148 0457 8967 4886 731
Depreciation & asset impairment1 48411 8319 0666 9925 144
Finance charges-----
Materials and bulk purchases7 12912 7219 38010 9998 073
Transfers and grants629----
Other expenditure42 60270 61262 69845 13065 383
Total Expenditure93 167143 546126 366101 627109 385
Surplus/(Deficit)(42 091)(25 240)(9 096)(7 448)(34 265)
Transfers recognised - capital50039 79657 18735 58229 327
Contributions recognised - capital & contributed assets655----
Surplus/(Deficit) after capital transfers & contributions(40 936)14 55648 09128 134(4 938)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(40 936)14 55648 09128 134(4 938)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure22 34441 70568 34639 72152 461
Transfers recognised - capital22 34441 70568 34639 72149 148
Public contributions & donations-----
Borrowing-----
Internally generated funds----3 313
Total sources of capital funds22 34441 70568 34639 72152 461
FINANCIAL POSITION
Total current assets21 96613 33023 36919 9159 453
Total non current assets31 193350 754328 676274 039258 106
Total current liabilities(40 067)29 92632 90124 89515 958
Total non current liabilities-6 6536 1955 7894 433
Community wealth/Equity93 227327 505312 950263 270247 169
CASH FLOWS
Net cash from (used) operating(2 591)36 83263 01550 0107 680
Net cash from (used) investing22 364(40 507)(67 584)(42 278)(53 452)
Net cash from (used) financing-----
Cash/cash equivalents at the year end20 5818074 4829 0511 319
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a22 0033 309-8 155
Irregular expendituren/a15 48114 67715 20430 766
Fruitless & wasteful expendituren/a10180151169
SOURCEYTD Actual - C1 2018 Q4Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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