Emakhazeni Local Municipality (MP314)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Adverse auditAdverse auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates50 95749 11335 49753 46029 065
Service charges123 760100 92998 78086 02274 238
Investment revenue2 4343 781929643546
Transfers recognised - operational67 36661 799101 97563 13151 410
Other own revenue48 65112 75418 3556 57536 028
Total Revenue (excluding capital transfers and contributions)293 168228 377255 536209 831191 287
Employee costs102 58597 74684 71087 61769 180
Remuneration of councillors7 1716 4637 6705 5605 388
Depreciation & asset impairment66 804-47 29643 73745 679
Finance charges11 2114 9075 4275 4734 882
Materials and bulk purchases66 16758 43250 25450 69243 329
Transfers and grants--182--
Other expenditure125 45966 39647 03778 265108 800
Total Expenditure379 397233 944242 576271 344277 258
Surplus/(Deficit)(86 229)(5 567)12 960(61 513)(85 971)
Transfers recognised - capital94 81866 96053 71625 40420 755
Contributions recognised - capital & contributed assets30 457--21 79237 992
Surplus/(Deficit) after capital transfers & contributions39 04661 39366 676(14 317)(27 224)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year39 04661 39366 676(14 317)(27 224)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(106 567)43 39763 01732 66155 421
Transfers recognised - capital(58 742)36 93723 74132 01455 421
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds2 6282 18150647-
Total sources of capital funds(56 114)39 11823 79132 66155 421
FINANCIAL POSITION
Total current assets255 723126 068101 57250 89545 142
Total non current assets1 608 0291 103 1641 058 8681 013 801976 165
Total current liabilities167 664238 818231 820154 631124 339
Total non current liabilities105 5794 1534 15352 85937 386
Community wealth/Equity1 551 278924 868857 791857 206859 581
CASH FLOWS
Net cash from (used) operating474 37067 733258 01431 42528 346
Net cash from (used) investing(50 837)(54 069)(37 702)(32 661)(25 677)
Net cash from (used) financing49751 828--
Cash/cash equivalents at the year end375 56449 650224 9618 0709 306
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a3 7485 5499 5652 146
Irregular expendituren/a61 26040 61026 54335 694
Fruitless & wasteful expendituren/a5 0355 1225 4734 882
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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