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Nkandla Local Municipality (KZN286)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates49 09453 86224 79220 77718 835
Service charges14 24514 47013 98210 0839 329
Investment revenue1 2801 1121 428835664
Transfers recognised - operational129 426103 4896 58289 28985 422
Other own revenue3 9584 04690 4983 3804 057
Total Revenue (excluding capital transfers and contributions)198 002176 979137 283124 363118 306
Employee costs58 70957 30147 42345 70440 337
Remuneration of councillors9 4909 6549 4228 9738 045
Depreciation & asset impairment20 94818 29217 55614 48612 165
Finance charges444321112138-
Materials and bulk purchases18 84817 11513 29814 19712 721
Transfers and grants1 00289293924-
Other expenditure83 88265 03469 97151 52970 754
Total Expenditure193 322168 610158 720135 051144 022
Surplus/(Deficit)4 6808 370(21 437)(10 687)(25 715)
Transfers recognised - capital22 51021 51931 48923 17039 796
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions27 19029 88810 05212 48314 080
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year27 19029 88810 05212 48314 080
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure453 788421 992401 436378 83641 705
Transfers recognised - capital180 048181 900171 970160 06541 705
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds261 564230 894223 130211 329-
Total sources of capital funds441 612412 794395 100371 39441 705
FINANCIAL POSITION
Total current assets66 27752 86722 95814 59613 330
Total non current assets336 155324 877321 579312 788359 837
Total current liabilities39 44043 18739 93829 08928 649
Total non current liabilities----6 653
Community wealth/Equity335 803304 669294 547285 813337 865
CASH FLOWS
Net cash from (used) operating--83-36 832
Net cash from (used) investing----(40 507)
Net cash from (used) financing(2)0331124-
Cash/cash equivalents at the year end15 1292420124807
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-2 92111 10411 39122 003
Irregular expenditure9 3981 9584 87310 73615 481
Fruitless & wasteful expenditure1512131241 709101
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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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