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Chief Albert Luthuli Local Municipality (MP301)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates88 66491 81096 01275 180102 112
Service charges62 75664 33364 71658 56951 915
Investment revenue9 5504 9977 2405 6173 477
Transfers recognised - operational400 267355 561398 244317 725283 334
Other own revenue40 85357 46061 09066 91262 374
Total Revenue (excluding capital transfers and contributions)602 090574 161627 302524 003503 212
Employee costs229 537220 324205 064182 351172 888
Remuneration of councillors21 75220 31920 02419 94518 505
Depreciation and amortisation(4 291)(66 083)57 36045 67763 997
Finance charges7 8917 7586 2131 93110 870
Inventory consumed and bulk purchases113 031111 576117 02485 84898 730
Transfers and subsidies2 6881 8842 8312 5384 507
Other expenditure295 517305 171332 000308 322215 440
Total Expenditure666 125600 950740 515646 611584 936
Surplus/(Deficit)(64 035)(26 789)(113 213)(122 609)(81 724)
Transfers and subsidies - capital (monetary allocations)354 842442 684412 453203 072128 289
Transfers and subsidies - capital (in-kind)--1 4801 659130 408
Surplus/(Deficit) after capital transfers & contributions290 807415 896300 72082 122176 972
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year290 807415 896300 72082 122176 972
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure312 978384 728374 280295 822190 370
Transfers recognised - capital287 451361 191345 116291 958174 152
Borrowing-----
Internally generated funds16 05220 9362 195575413
Total sources of capital funds303 503382 126347 311292 533174 565
FINANCIAL POSITION
Total current assets164 687229 506232 362340 69972 680
Total non current assets2 387 7972 363 9771 787 8991 458 333157 502
Total current liabilities291 598266 699259 745391 47546 273
Total non current liabilities4 3014 3015 4875 5116 937
Community wealth/Equity1 965 7771 906 5881 454 3091 319 923-
CASH FLOWS
Net cash from (used) operating(188 584)(113 150)860 798696 900(396 423)
Net cash from (used) investing(382)(79 831)(396 961)(175 112)-
Net cash from (used) financing----9
Cash/cash equivalents at the year end(158 815)(133 173)565 163541 049(396 839)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-9 860124 14825 430
Irregular expendituren/a62 83916 18920 54339 431
Fruitless & wasteful expendituren/a171221 1951 382
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
C1 2020 Q4

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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