ADVERTISEMENT

Nongoma Local Municipality (KZN265)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedAdverse auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates25 75124 84722 12321 40119 507
Service charges1 9281 7691 8811 824-
Investment revenue7061 3491 5801 560-
Transfers recognised - operational274 419166 791141 954136 714124 758
Other own revenue5 7505 1145 5134 4478 147
Total Revenue (excluding capital transfers and contributions)308 554199 870173 052165 947152 413
Employee costs103 43098 72194 35480 69873 795
Remuneration of councillors14 05114 25113 53213 80913 185
Depreciation & asset impairment21 30623 24919 5664 51312 817
Finance charges897482696348142
Materials and bulk purchases7 8872 9601 3465 744-
Transfers and grants2 429189248--
Other expenditure176 69582 87060 460324 06366 496
Total Expenditure326 694222 721190 202429 176166 435
Surplus/(Deficit)(18 140)(22 851)(17 150)(263 229)(14 022)
Transfers recognised - capital31 38031 96331 40245 12744 416
Contributions recognised - capital & contributed assets6----
Surplus/(Deficit) after capital transfers & contributions13 2469 11214 252(218 102)30 394
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year13 2469 11214 252(218 102)30 394
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure502 066474 620438 72386 11146 706
Transfers recognised - capital29 60222 81533 059-41 672
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds456 491435 831388 838-5 034
Total sources of capital funds486 092458 646421 897-46 706
FINANCIAL POSITION
Total current assets80 51175 51067 88432 78731 849
Total non current assets351 966339 237324 70674 644334 066
Total current liabilities99 13478 97166 06335 25328 529
Total non current liabilities4 280-(140)303 185
Community wealth/Equity315 818326 664312 414290 252334 201
CASH FLOWS
Net cash from (used) operating----43 892
Net cash from (used) investing----(46 760)
Net cash from (used) financing2274597-
Cash/cash equivalents at the year end228441373 678
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure26 54734 80838 20717 35119 917
Irregular expenditure18 05842 95136 9783 24325 747
Fruitless & wasteful expenditure16228938924
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.
ADVERTISEMENT
ADVERTISEMENT