ADVERTISEMENT

uMlalazi Local Municipality (KZN284)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Clean auditClean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates71 88168 42266 47264 87155 345
Service charges107 50394 55093 53387 95982 910
Investment revenue10 1128 1406 4375 99010 198
Transfers recognised - operational255 028241 200230 218247 825253 890
Other own revenue26 39719 80518 68823 00438 126
Total Revenue (excluding capital transfers and contributions)470 921432 117415 348429 648440 469
Employee costs186 805175 109169 461150 770158 753
Remuneration of councillors25 15823 22320 68422 19222 326
Depreciation and amortisation54 63355 03054 25946 25251 692
Finance charges3 147277319362406
Inventory consumed and bulk purchases106 59489 91083 78070 43266 150
Transfers and subsidies8 1605 0677 5088 9734 409
Other expenditure138 761148 965135 234127 559157 497
Total Expenditure523 259497 581471 244426 540461 233
Surplus/(Deficit)(52 338)(65 464)(55 897)3 109(20 764)
Transfers and subsidies - capital (monetary allocations)61 94147 36340 56945 62739 804
Transfers and subsidies - capital (in-kind)-1802 800--
Surplus/(Deficit) after capital transfers & contributions9 603(17 921)(12 528)48 73519 040
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year9 603(17 921)(12 528)48 73519 040
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure182 86478 358(5 644)1 010(3 483)
Transfers recognised - capital104 77986 5273 25142 19924 910
Borrowing23 403----
Internally generated funds54 682(8 747)16 24829 297-
Total sources of capital funds182 86477 78119 49971 49624 910
FINANCIAL POSITION
Total current assets181 140144 025153 665191 601173 273
Total non current assets874 097831 255832 024878 280842 720
Total current liabilities104 86268 29259 90567 86959 947
Total non current liabilities54 42930 55631 43029 69135 765
Community wealth/Equity895 946876 426894 354897 928901 241
CASH FLOWS
Net cash from (used) operating(11 280)165 198163 603(191 328)-
Net cash from (used) investing(101 454)(58 222)(59 608)(76 287)15
Net cash from (used) financing23 535----
Cash/cash equivalents at the year end(15 546)211 763203 581(121 085)126 387
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure7 54713 19425 544-11 177
Irregular expenditure1 4428 12618 70935 13953 517
Fruitless & wasteful expenditure--217
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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.
ADVERTISEMENT
ADVERTISEMENT