City of uMhlathuze Local Municipality (KZN282)

Part of Ntambanana Local Municipality was merged into City of uMhlathuze Local Municipality on 3 August 2016. Financial, Employment and Service Delivery information prior to the 2016/17 financial year only includes figures for City of uMhlathuze Local Municipality. View historical information for Ntambanana Local Municipality.

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Clean auditFinancially unqualifiedFinancially unqualifiedClean auditClean audit
FINANCIAL PERFORMANCE
Property rates508 159477 138442 665400 906371 074
Service charges2 094 6531 965 8481 911 2782 003 8181 717 693
Investment revenue46 35827 99976 05660 87532 411
Transfers recognised - operational384 557360 178328 338279 992270 170
Other own revenue153 597147 322222 537154 422105 302
Total Revenue (excluding capital transfers and contributions)3 187 3242 978 4852 980 8732 900 0122 496 650
Employee costs846 788782 430745 356644 025592 773
Remuneration of councillors31 47830 39529 34225 54223 891
Depreciation & asset impairment356 365464 234355 602352 389351 346
Finance charges66 79051 28667 69168 94058 694
Materials and bulk purchases1 148 0191 123 8441 033 4231 372 6291 190 423
Transfers and grants13 38215 78711 5239 31918 149
Other expenditure851 671732 131602 991361 342364 188
Total Expenditure3 314 4933 200 1072 845 9272 834 1882 599 463
Surplus/(Deficit)(127 169)(221 623)134 94665 824(102 814)
Transfers recognised - capital160 28598 098135 317147 411227 079
Contributions recognised - capital & contributed assets10 33119 52815 548--
Surplus/(Deficit) after capital transfers & contributions43 447(103 997)285 811213 235124 265
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year43 447(103 997)285 811213 235124 265
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure85 922596 02813 097 535507 910393 781
Transfers recognised - capital41 354117 185137 316143 210227 079
Public contributions & donationsn/an/an/an/an/a
Borrowing(20 766)249 32110 010204 96294 636
Internally generated funds115 793--159 73872 066
Total sources of capital funds136 380366 506147 326507 910393 781
FINANCIAL POSITION
Total current assets1 159 4911 009 2681 111 3531 297 323979 546
Total non current assets6 390 8156 416 6345 592 6825 389 2144 992 812
Total current liabilities681 321524 388628 279852 781732 999
Total non current liabilities860 782927 520763 809872 144689 374
Community wealth/Equity5 964 7546 077 9905 026 1184 961 6124 549 985
CASH FLOWS
Net cash from (used) operating(4 080 018)(2 527 724)-470 138435 791
Net cash from (used) investing(16 096)--(504 538)(309 768)
Net cash from (used) financing14 20112 18463 845287 110(85 254)
Cash/cash equivalents at the year end(3 620 999)(2 376 296)63 845715 116462 406
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---124 815
Irregular expendituren/a125 1613 038--
Fruitless & wasteful expendituren/a----
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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