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 rates17 42418 83512 81811 1257 902
Service charges10 6759 3297 9648 5497 509
Investment revenue8326642 0779891 288
Transfers recognised - operational89 64785 42286 87270 65154 265
Other own revenue3 4674 0577 5392 8644 154
Total Revenue (excluding capital transfers and contributions)122 045118 306117 27094 17875 120
Employee costs44 81540 33737 32831 01824 054
Remuneration of councillors10 8858 0457 8967 4886 731
Depreciation & asset impairment13 02611 8319 0666 9925 144
Finance charges-----
Materials and bulk purchases11 07612 7219 38010 9998 073
Transfers and grants-----
Other expenditure54 82670 61262 69845 13065 383
Total Expenditure134 628143 546126 366101 627109 385
Surplus/(Deficit)(12 583)(25 240)(9 096)(7 448)(34 265)
Transfers recognised - capital23 17039 79657 18735 58229 327
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions10 58714 55648 09128 134(4 938)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year10 58714 55648 09128 134(4 938)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure25 32541 70568 34639 72152 461
Transfers recognised - capital25 32541 70568 34639 72149 148
Public contributions & donations-----
Borrowing-----
Internally generated funds----3 313
Total sources of capital funds25 32541 70568 34639 72152 461
FINANCIAL POSITION
Total current assets7 03813 33023 36919 9159 453
Total non current assets361 561350 754328 676274 039258 106
Total current liabilities23 24829 92632 90124 89515 958
Total non current liabilities7 2596 6536 1955 7894 433
Community wealth/Equity338 092327 505312 950263 270247 169
CASH FLOWS
Net cash from (used) operating41 37636 83263 01550 0107 680
Net cash from (used) investing-(40 507)(67 584)(42 278)(53 452)
Net cash from (used) financing-----
Cash/cash equivalents at the year end42 1838074 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
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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