Nongoma Local Municipality (KZN265)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Adverse auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates20 84819 50718 23014 72912 320
Service charges1 8241 7231 6851 6541 515
Investment revenue1 556-1 8141 138476
Transfers recognised - operational131 985124 758129 307101 32085 942
Other own revenue19 9206 4243 860663 416
Total Revenue (excluding capital transfers and contributions)176 134152 413154 896118 908103 670
Employee costs84 11273 79567 66849 56550 032
Remuneration of councillors13 81513 18512 49511 2779 847
Depreciation & asset impairment14 65612 81710 3969 72317 204
Finance charges243142129257389
Materials and bulk purchases5 901----
Transfers and grants--876211134
Other expenditure74 59066 49648 49945 13544 588
Total Expenditure193 317166 435140 063116 168122 195
Surplus/(Deficit)(17 183)(14 022)14 8342 740(18 525)
Transfers recognised - capital57 54244 41647 50542 89158 130
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions40 35930 39462 33945 63139 604
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year40 35930 39462 33945 63139 604
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure58 27646 70652 43836 68353 189
Transfers recognised - capital57 54241 67248 48735 04051 945
Public contributions & donations-----
Borrowing-----
Internally generated funds7345 0343 9511 6431 244
Total sources of capital funds58 27646 70652 43836 68353 189
FINANCIAL POSITION
Total current assets40 05331 84933 29331 92713 122
Total non current assets362 614334 066297 421255 344230 328
Total current liabilities25 89228 52916 50817 31520 681
Total non current liabilities3 3223 1859 3857 7106 090
Community wealth/Equity373 453334 201304 821262 247216 679
CASH FLOWS
Net cash from (used) operating50 20143 89240 90851 92150 403
Net cash from (used) investing(51 737)(46 760)(49 547)(36 923)(52 648)
Net cash from (used) financing--(493)(281)2 420
Cash/cash equivalents at the year end2 1423 6786 54615 678960
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure17 35119 91712 3015 69813 190
Irregular expenditure3 24325 7473 3596 3041 839
Fruitless & wasteful expenditure248251632
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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