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Ulundi Local Municipality (KZN266)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates149 555114 343112 471100 048101 200
Service charges104 09886 64174 78174 83071 248
Investment revenue1 6822 3185 646648508
Transfers recognised - operational241 423277 867211 163192 788222 144
Other own revenue34 0518 8477 0095 7338 586
Total Revenue (excluding capital transfers and contributions)530 809490 017411 069374 046403 687
Employee costs177 243167 307156 453155 484147 268
Remuneration of councillors18 32417 80517 02216 83517 093
Depreciation and amortisation29 17485 74760 91727 28531 137
Finance charges14 1332 3128 235191 443
Inventory consumed and bulk purchases161 896142 308120 240118 630103 934
Transfers and subsidies-286524-923
Other expenditure241 198213 948143 552125 92896 169
Total Expenditure641 968629 715506 943444 181397 967
Surplus/(Deficit)(111 159)(139 698)(95 873)(70 135)5 720
Transfers and subsidies - capital (monetary allocations)38 78046 88574 88852 48945 336
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(72 379)(92 813)(20 985)(17 646)51 056
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(72 379)(92 813)(20 985)(17 646)51 056
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure27 047168 441123 10996 17765 485
Transfers recognised - capital21 767155 774115 38390 23460 852
Borrowing-----
Internally generated funds5 28112 6677 7265 9434 633
Total sources of capital funds27 047168 441123 10996 17765 485
FINANCIAL POSITION
Total current assets96 01597 74884 681186 658114 004
Total non current assets497 899454 488640 892673 001527 058
Total current liabilities444 678328 828261 829229 674172 664
Total non current liabilities16 26415 44115 00415 25614 203
Community wealth/Equity205 350300 780469 725632 375403 139
CASH FLOWS
Net cash from (used) operating479 3551 336 049883 820487 387191 672
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end484 2271 336 049883 820487 387191 672
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure53 86387 9181 872--
Irregular expenditure39 729106 32871 20033 10944 187
Fruitless & wasteful expenditure14 1332 3129 834--
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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