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Chief Albert Luthuli Local Municipality (MP301)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates95 99371 535102 11269 58980 135
Service charges64 70649 62951 91562 845-
Investment revenue7 2725 1363 4772 6611 971
Transfers recognised - operational398 244394 135283 334299 763354 765
Other own revenue61 08944 54862 37446 27295 688
Total Revenue (excluding capital transfers and contributions)627 303564 984503 212481 130532 558
Employee costs205 064142 123172 888229 608140 016
Remuneration of councillors20 02422 40818 50518 06815 345
Depreciation & asset impairment57 2652 70763 997-46 739
Finance charges21 395-10 870-5 580
Materials and bulk purchases117 02491 50898 73049 07093 529
Transfers and grants2 8312 3584 5075-
Other expenditure202 082108 325215 440173 217154 281
Total Expenditure625 685369 430584 936469 968455 490
Surplus/(Deficit)1 619195 554(81 724)11 16277 069
Transfers recognised - capital412 453-128 28988 617-
Contributions recognised - capital & contributed assets1 480-130 408--
Surplus/(Deficit) after capital transfers & contributions415 552195 554176 97299 77977 069
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year415 552195 554176 97299 77977 069
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure373 473268 465190 37091119 020
Transfers recognised - capital345 116263 074174 152-119 020
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds2 1951 25141391-
Total sources of capital funds347 311264 325174 56591119 020
FINANCIAL POSITION
Total current assets363 733515 04372 680369 615206 383
Total non current assets1 772 0631 726 886157 5021 167 4251 115 714
Total current liabilities259 232584 91646 273405 744249 519
Total non current liabilities5 48789 8096 9372 53946 115
Community wealth/Equity1 455 5251 371 650-1 028 9781 026 463
CASH FLOWS
Net cash from (used) operating860 801867 445(396 423)-121 933
Net cash from (used) investing(396 961)(299 561)-(930)(120 368)
Net cash from (used) financing6519376-
Cash/cash equivalents at the year end565 172669 632(396 839)14 1841 963
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure9 860124 14825 43021257 478
Irregular expenditure16 18920 54339 43140 63083 521
Fruitless & wasteful expenditure1221 1951 3823 8493 988
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
C1 2020 Q4
Audited Outcome
A1 2021
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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