Ulundi Local Municipality (KZN266)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates55 73165 71358 08155 86043 167
Service charges71 17792 53565 64855 73862 912
Investment revenue7877773 956825533
Transfers recognised - operational196 193128 156133 145106 37687 477
Other own revenue34 56862 97149 09111 76116 491
Total Revenue (excluding capital transfers and contributions)358 456350 151309 922230 559210 581
Employee costs130 442114 231102 91381 83673 647
Remuneration of councillors16 02714 21114 05713 48712 060
Depreciation & asset impairment41 73041 81340 33252 77757 828
Finance charges-4 6406 1941 8806
Materials and bulk purchases65 53966 65962 25254 51451 490
Transfers and grants-----
Other expenditure125 792153 100129 631104 11075 847
Total Expenditure379 529394 655355 379308 605270 877
Surplus/(Deficit)(21 073)(44 504)(45 457)(78 046)(60 297)
Transfers recognised - capital-54 49248 95750 58730 381
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions(21 073)9 9883 500(27 459)(29 916)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(21 073)9 9883 500(27 459)(29 916)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure37 61537 61544 93657 41123 919
Transfers recognised - capital37 61537 61540 47357 41123 919
Public contributions & donations-----
Borrowing-----
Internally generated funds--4 463--
Total sources of capital funds37 61537 61544 93657 41123 919
FINANCIAL POSITION
Total current assets78 40468 63542 28034 67959 797
Total non current assets394 697408 285416 077464 814460 434
Total current liabilities156 025134 747120 503104 438107 480
Total non current liabilities5 4709 1289 12813 4603 415
Community wealth/Equity311 607333 044328 726381 595409 335
CASH FLOWS
Net cash from (used) operating38 15638 39346 44638 89329 856
Net cash from (used) investing(34 130)(34 130)(44 936)(57 168)(22 636)
Net cash from (used) financing(4 753)(4 694)(3 378)13 204424
Cash/cash equivalents at the year end1 2201 9472 3784 2469 317
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure--1 99246 39420 489
Irregular expenditure55 75912 443-2 80622 904
Fruitless & wasteful expenditure5 5726 7339 7927 5709 115
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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