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uPhongolo Local Municipality (KZN262)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates48 13545 57143 25344 04039 634
Service charges64 79456 51757 71757 76454 626
Investment revenue4 5432 4491 3011 8051 845
Transfers recognised - operational192 426196 294178 841185 925145 811
Other own revenue12 17110 64025 01427 18116 908
Total Revenue (excluding capital transfers and contributions)322 070311 470306 126316 716258 824
Employee costs133 640122 588104 229101 95290 726
Remuneration of councillors11 29411 12510 1839 6699 836
Depreciation and amortisation24 53225 37228 02425 33823 153
Finance charges1 3671 3251 3951 2301
Inventory consumed and bulk purchases68 13549 52551 97763 22043 188
Transfers and subsidies21 400-3501 4951 309
Other expenditure88 721116 910194 019103 774103 640
Total Expenditure349 089326 844390 177306 677271 852
Surplus/(Deficit)(27 020)(15 374)(84 051)10 040(13 028)
Transfers and subsidies - capital (monetary allocations)39 62642 03988 51035 82323 417
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions12 60726 6664 45945 86210 390
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year12 60726 6664 45945 86210 390
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure79 53039 42196 19662 75220 423
Transfers recognised - capital74 14033 14076 38137 8333 142
Borrowing-----
Internally generated funds5 3916 28119 81524 91917 281
Total sources of capital funds79 53039 42196 19662 75220 423
FINANCIAL POSITION
Total current assets84 32956 13150 67437 87647 944
Total non current assets441 394439 502427 354417 818388 862
Total current liabilities72 50955 30063 85643 36282 277
Total non current liabilities16 22915 77316 27811 13311 497
Community wealth/Equity424 379397 894393 435355 336332 643
CASH FLOWS
Net cash from (used) operating(67 823)(204 036)(244 272)(46 354)-
Net cash from (used) investing(704)----
Net cash from (used) financing--(2 235)(6 700)400
Cash/cash equivalents at the year end(62 663)(193 604)(242 848)(23 775)29 678
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure137 76232 45182 89321 18713 030
Irregular expenditure22173224 613404627
Fruitless & wasteful expenditure137 929655312
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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