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Mkhondo Local Municipality (MP303)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates89 06882 80480 03174 50471 237
Service charges188 020224 469202 911214 039195 692
Investment revenue1 7272 7581 262256195
Transfers recognised - operational370 239391 446321 215279 332305 269
Other own revenue135 83681 75471 02946 61646 329
Total Revenue (excluding capital transfers and contributions)784 890783 231676 447614 747618 721
Employee costs264 123248 361234 561232 409215 417
Remuneration of councillors19 76418 67615 83215 45316 154
Depreciation and amortisation125 83475 79793 06791 81172 120
Finance charges32 32742 94354 64433 77519 757
Inventory consumed and bulk purchases295 491237 001181 381225 288235 826
Transfers and subsidies67710 6459 6127 2176 212
Other expenditure394 726349 816305 029231 763298 077
Total Expenditure1 132 941983 239894 127837 716863 562
Surplus/(Deficit)(348 051)(200 008)(217 680)(222 969)(244 841)
Transfers and subsidies - capital (monetary allocations)132 77196 204106 408185 121145 590
Transfers and subsidies - capital (in-kind)2 6201 6122 6245 9648 469
Surplus/(Deficit) after capital transfers & contributions(212 661)(102 192)(108 648)(31 885)(90 782)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(212 661)(102 192)(108 648)(31 885)(90 782)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure144 14195 182207 263182 360133 397
Transfers recognised - capital112 85280 93494 753181 26078 933
Borrowing-----
Internally generated funds28 48011 8462 37193342 636
Total sources of capital funds141 33292 78097 124182 193121 569
FINANCIAL POSITION
Total current assets206 414221 902510 240434 069329 036
Total non current assets2 023 8462 012 2062 003 0571 942 0391 786 872
Total current liabilities1 225 9701 023 6911 212 3891 031 949821 717
Total non current liabilities55 32549 45850 68951 63053 813
Community wealth/Equity947 9061 159 3081 250 2181 292 5291 240 378
CASH FLOWS
Net cash from (used) operating120 666(106 963)(182 303)127 834456 038
Net cash from (used) investing(163 030)(105 247)(112 272)(177 963)(176 054)
Net cash from (used) financing1110-(2 306)44
Cash/cash equivalents at the year end(33 532)(201 313)(290 342)(44 652)228 294
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure195 26299 130161 115970 950158 365
Irregular expenditure3 14312 20619 78313 39112 887
Fruitless & wasteful expenditure29 24886 1865 17776 8718 455
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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