ADVERTISEMENT

Emakhazeni Local Municipality (MP314)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aAdverse auditAdverse auditAdverse auditAdverse audit
FINANCIAL PERFORMANCE
Property rates99 30371 70262 30950 95749 113
Service charges126 376113 597133 373105 381100 743
Investment revenue1 8135868692 4343 781
Transfers recognised - operational85 862126 79299 38967 36674 770
Other own revenue21 17131 60131 39654 06389 391
Total Revenue (excluding capital transfers and contributions)334 525344 278327 336280 201317 799
Employee costs123 406114 536109 791102 58598 661
Remuneration of councillors7 2457 2327 1547 1716 463
Depreciation and amortisation109 129119 86860 37560 156(3 014)
Finance charges17 1115 8126 59611 2114 907
Inventory consumed and bulk purchases86 44288 59077 77665 43150 288
Transfers and subsidies-----
Other expenditure196 445172 785141 273139 529187 864
Total Expenditure539 778508 823402 966386 083345 169
Surplus/(Deficit)(205 253)(164 546)(75 630)(105 882)(27 370)
Transfers and subsidies - capital (monetary allocations)53 25855 27960 67198 61958 749
Transfers and subsidies - capital (in-kind)---30 457-
Surplus/(Deficit) after capital transfers & contributions(151 995)(109 266)(14 958)23 19431 380
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(151 995)(109 266)(14 958)23 19431 380
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure312 682(94 339)101 814(138 435)7 487
Transfers recognised - capital331 104(77 925)27 662(90 373)(10 899)
Borrowing-----
Internally generated funds4 646(14 511)21 3122 628(262)
Total sources of capital funds335 750(92 436)48 974(87 746)(11 161)
FINANCIAL POSITION
Total current assets189 798268 697251 000248 427236 106
Total non current assets1 768 8391 779 6951 817 8541 575 9531 566 691
Total current liabilities403 464333 627209 041168 957144 466
Total non current liabilities95 44472 08376 059105 579102 184
Community wealth/Equity1 687 3031 734 2011 746 6021 542 0561 524 767
CASH FLOWS
Net cash from (used) operating178 660125 292194 314474 370732 901
Net cash from (used) investing(67 923)(84 237)(76 601)(50 837)(86 214)
Net cash from (used) financing(41)(60)131--
Cash/cash equivalents at the year end132 82278 567158 033375 515652 955
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a4 0392953 7243 748
Irregular expendituren/a66 47822 344104 83861 260
Fruitless & wasteful expendituren/a18 144-7 9445 035
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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.
ADVERTISEMENT
ADVERTISEMENT

Powered by Creative 8 | Version: 2.10.24 / PHP Version: 8.1.28