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uPhongolo Local Municipality (KZN262)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates44 03339 63435 75128 66631 402
Service charges70 96354 62654 03596344 508
Investment revenue1 8051 8451 2891 3571 293
Transfers recognised - operational185 925148 255130 300148 010109 614
Other own revenue20 08016 53415 983n/a27 144
Total Revenue (excluding capital transfers and contributions)322 806260 893237 358240 698213 960
Employee costs101 95290 72674 78674 46968 405
Remuneration of councillors9 6699 8367 0719 3718 264
Depreciation & asset impairment24 48420 2949 20913 73411 373
Finance charges1 59111 0901 751888
Materials and bulk purchases57 28243 29835 78925 37630 827
Transfers and grants1 4951 3094102-
Other expenditure86 71376 997110 55945 00689 549
Total Expenditure283 186242 461238 509217 595209 306
Surplus/(Deficit)39 62018 432(1 151)23 1044 655
Transfers recognised - capital35 82323 58125 326n/a59 812
Contributions recognised - capital & contributed assets---n/a-
Surplus/(Deficit) after capital transfers & contributions75 44342 01424 17528 13564 466
Share of surplus/(deficit) of associate---n/a-
Surplus/(Deficit) for the year75 44342 01424 17528 13564 466
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure59 825n/a44 076n/a59 908
Transfers recognised - capital36 436n/a43 918n/a59 908
Public contributions & donationsn/an/a-n/an/a
Borrowing-n/a-n/a-
Internally generated funds23 389n/a159n/a-
Total sources of capital funds59 825n/a44 076n/a59 908
FINANCIAL POSITION
Total current assets142 572131 922102 63878 10182 935
Total non current assets415 879393 046465 960455 217434 019
Total current liabilities38 46285 18541 97735 47549 422
Total non current liabilities12 5637 49411 91516 13616 044
Community wealth/Equity431 983390 275514 706480 868451 489
CASH FLOWS
Net cash from (used) operating(46 354)-46 77044 10159 499
Net cash from (used) investing--(34 246)(48 042)(59 908)
Net cash from (used) financing(6 645)5 100(3 518)2 788(7 761)
Cash/cash equivalents at the year end(23 721)34 3789 4574501 604
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a13 030--2 206
Irregular expendituren/a6273 75338 26358 345
Fruitless & wasteful expendituren/a12183423781
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Unaudited YTD
C1 2019 Q4
Audited Outcome
Annual Report 2018
Audited Outcome
A1 2020

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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