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Nongoma Local Municipality (KZN265)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates44 27131 93029 55027 35225 511
Service charges2 2022 1772 1011 9961 924
Investment revenue1 601633522410706
Transfers recognised - operational207 937209 065197 993182 059274 419
Other own revenue4 6394 4926 2112 4275 665
Total Revenue (excluding capital transfers and contributions)260 650248 296236 377214 244308 224
Employee costs118 761115 658115 065110 229103 430
Remuneration of councillors18 25718 00317 46114 81014 051
Depreciation and amortisation31 31436 63422 23226 77621 159
Finance charges1 4363 2981 3203 416897
Inventory consumed and bulk purchases--5 9809 6037 887
Transfers and subsidies2523 1703 2523 1582 429
Other expenditure92 183127 891114 91795 063181 178
Total Expenditure262 203304 654280 228263 055331 030
Surplus/(Deficit)(1 552)(56 357)(43 851)(48 811)(22 806)
Transfers and subsidies - capital (monetary allocations)45 83733 11659 00933 60131 380
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions44 284(23 241)15 158(15 209)8 574
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year44 284(23 241)15 158(15 209)8 574
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure117 301662 232581 923517 987483 821
Transfers recognised - capital112 052163 35192 24042 29629 702
Borrowing-----
Internally generated funds5 249498 881489 683475 691454 118
Total sources of capital funds117 301662 232581 923517 987483 821
FINANCIAL POSITION
Total current assets31 03822 75153 16849 55878 341
Total non current assets403 714400 920399 486352 744349 566
Total current liabilities92 013118 613121 83790 42099 182
Total non current liabilities2 7545 8178 2793 4744 280
Community wealth/Equity295 701322 482305 811323 618315 871
CASH FLOWS
Net cash from (used) operating(221 797)47 605(255)--
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end(224 917)63 51815 61815 8381
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure57 89865 39861 640-26 547
Irregular expenditure107 25645 829-3 75618 058
Fruitless & wasteful expenditure-1 6331 302-162
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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