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Emakhazeni Local Municipality (MP314)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditAdverse auditAdverse auditAdverse audit
FINANCIAL PERFORMANCE
Property rates77 87674 24973 35171 70262 309
Service charges133 047125 13865 756113 597133 373
Investment revenue1 8692 3491 813586869
Transfers recognised - operational138 565129 38485 911126 79299 389
Other own revenue214 06169 55226 00031 60131 396
Total Revenue (excluding capital transfers and contributions)565 418400 673252 832344 278327 336
Employee costs133 573128 804116 210114 535109 791
Remuneration of councillors8 0147 9097 2457 2327 154
Depreciation and amortisation75 99790 064104 309119 86860 375
Finance charges20 6898 74316 0115 8126 596
Inventory consumed and bulk purchases110 11696 07886 44288 59077 776
Transfers and subsidies-----
Other expenditure313 998242 990171 042172 785141 273
Total Expenditure662 387574 589501 259508 822402 966
Surplus/(Deficit)(96 970)(173 916)(248 428)(164 545)(75 630)
Transfers and subsidies - capital (monetary allocations)75 67351 41953 25855 27960 671
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(21 296)(122 496)(195 170)(109 265)(14 958)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(21 296)(122 496)(195 170)(109 265)(14 958)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure115 56584 529106 873(94 339)101 814
Transfers recognised - capital74 51861 14156 235(77 925)27 662
Borrowing-----
Internally generated funds35 24920 920885(14 511)21 312
Total sources of capital funds109 76782 06157 120(92 436)48 974
FINANCIAL POSITION
Total current assets350 534237 85088 041268 697251 000
Total non current assets1 737 6031 737 2051 768 8381 779 6951 817 854
Total current liabilities666 911552 497395 077333 624209 041
Total non current liabilities111 567101 80095 44472 08376 059
Community wealth/Equity1 292 5111 320 7581 439 3041 642 6841 746 602
CASH FLOWS
Net cash from (used) operating272 409214 736173 978125 291194 314
Net cash from (used) investing(72 814)(45 797)(67 923)(84 237)(76 601)
Net cash from (used) financing----131
Cash/cash equivalents at the year end215 806176 456128 18178 625158 033
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure132 43763 417121 0154 039295
Irregular expenditure-17 937148 45066 47822 344
Fruitless & wasteful expenditure19 5876 99519 18418 144-
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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