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uPhongolo Local Municipality (KZN262)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates50 56848 20848 13545 57143 253
Service charges88 78783 58264 79456 51757 717
Investment revenue2 9244 4624 5432 4491 301
Transfers recognised - operational211 922201 784192 426196 294178 841
Other own revenue59 80519 12514 17110 64025 014
Total Revenue (excluding capital transfers and contributions)414 007357 161324 070311 470306 126
Employee costs156 117145 599133 336122 588104 229
Remuneration of councillors12 28111 95711 29411 12510 183
Depreciation and amortisation17 17335 15224 99425 37228 024
Finance charges1 5811 4831 3671 3251 395
Inventory consumed and bulk purchases90 26684 81968 86749 52551 977
Transfers and subsidies--21 400-350
Other expenditure173 848149 063139 300116 910194 019
Total Expenditure451 266428 073400 559326 844390 177
Surplus/(Deficit)(37 259)(70 911)(76 489)(15 374)(84 051)
Transfers and subsidies - capital (monetary allocations)61 264101 91279 88642 03988 510
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions24 00631 0013 39726 6664 459
Income Tax---n/an/a
Surplus/(Deficit) after Income Tax24 00631 0013 397n/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year24 00631 0013 39726 6664 459
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure138 871106 62874 07077 84196 196
Transfers recognised - capital127 28191 54868 39071 56076 381
Borrowing-----
Internally generated funds11 58915 0815 6806 28119 815
Total sources of capital funds138 871106 62874 07077 84196 196
FINANCIAL POSITION
Total current assets86 90092 48775 16656 13150 674
Total non current assets526 538479 728438 972439 502427 354
Total current liabilities125 32399 62876 17455 48163 856
Total non current liabilities19 49319 84916 22915 77316 278
Community wealth/Equity444 616421 736418 339397 713393 435
CASH FLOWS
Net cash from (used) operating(429 665)(197 225)(67 503)(204 036)(244 272)
Net cash from (used) investing500(29 984)46--
Net cash from (used) financing----(2 235)
Cash/cash equivalents at the year end(409 222)(202 385)(61 593)(193 604)(242 848)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a50 143137 76232 45182 893
Irregular expendituren/a6922173224 613
Fruitless & wasteful expendituren/a1 978137 929655
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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