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Ulundi Local Municipality (KZN266)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates112 471100 048101 20096 57264 540
Service charges74 78174 83071 24871 30867 968
Investment revenue1 966648508609730
Transfers recognised - operational211 163192 788222 144189 575151 016
Other own revenue9 1175 7338 5864 6477 199
Total Revenue (excluding capital transfers and contributions)409 497374 046403 687362 712291 452
Employee costs157 823155 484147 268146 404133 864
Remuneration of councillors17 05116 83517 09317 10016 721
Depreciation and amortisation66 16727 28531 13737 99037 730
Finance charges8 235191 44314 94011 075
Inventory consumed and bulk purchases120 449118 630103 93482 86379 966
Transfers and subsidies524-9231 5941 563
Other expenditure130 775128 44896 169(38 070)101 803
Total Expenditure501 024446 700397 967262 819382 721
Surplus/(Deficit)(91 527)(72 654)5 72099 893(91 269)
Transfers and subsidies - capital (monetary allocations)74 88852 48945 33630 90054 335
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(16 639)(20 165)51 056130 793(36 934)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(16 639)(20 165)51 056130 793(36 934)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure164 32396 17765 48525 147754
Transfers recognised - capital156 59790 23460 85216 459(235)
Borrowing-----
Internally generated funds7 7265 9434 6331 235989
Total sources of capital funds164 32396 17765 48517 694754
FINANCIAL POSITION
Total current assets208 432132 247114 00496 85465 960
Total non current assets674 981673 001527 058517 560393 918
Total current liabilities269 284232 128172 664209 945187 783
Total non current liabilities15 00415 25614 20314 30612 857
Community wealth/Equity615 763578 029403 139259 371296 172
CASH FLOWS
Net cash from (used) operating947 661429 452191 672238
Net cash from (used) investing-----
Net cash from (used) financing----103
Cash/cash equivalents at the year end947 661429 452191 67223111
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure1 872----
Irregular expenditure71 20033 10944 18730 44472 610
Fruitless & wasteful expenditure9 834--14 94011 075
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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