ADVERTISEMENT

Emakhazeni Local Municipality (MP314)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Adverse auditAdverse auditAdverse auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates62 30950 95749 11335 49753 460
Service charges133 381105 381100 74398 78086 022
Investment revenue8692 4343 781929643
Transfers recognised - operational87 80267 36674 770101 97563 131
Other own revenue31 01754 06389 39118 3556 575
Total Revenue (excluding capital transfers and contributions)315 378280 201317 799255 536209 831
Employee costs108 548102 58598 66184 71087 617
Remuneration of councillors7 1547 1716 4637 6705 560
Depreciation & asset impairment56 25160 156(3 014)47 29643 737
Finance charges7 02611 2114 9075 4275 473
Materials and bulk purchases79 84665 43150 28850 25450 692
Transfers and grants---182-
Other expenditure113 242139 529187 86447 03778 265
Total Expenditure372 067386 083345 169242 576271 344
Surplus/(Deficit)(56 689)(105 882)(27 370)12 960(61 513)
Transfers recognised - capital60 67198 61958 74953 71625 404
Contributions recognised - capital & contributed assets-30 457--21 792
Surplus/(Deficit) after capital transfers & contributions3 98223 19431 38066 676(14 317)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year3 98223 19431 38066 676(14 317)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure49 781(138 435)7 48763 01732 661
Transfers recognised - capital27 962(90 373)(10 899)23 74132 014
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds21 3122 628(262)50647
Total sources of capital funds49 274(87 746)(11 161)23 79132 661
FINANCIAL POSITION
Total current assets267 802248 427236 106101 57250 895
Total non current assets1 803 3891 575 9531 566 6911 029 3541 013 801
Total current liabilities208 267168 957144 466231 820154 631
Total non current liabilities130 218105 579102 1844 15352 859
Community wealth/Equity1 768 6281 542 0561 524 767857 791857 206
CASH FLOWS
Net cash from (used) operating194 361474 370732 901258 01431 425
Net cash from (used) investing(76 601)(50 837)(86 214)(36 906)(32 661)
Net cash from (used) financing11027-1 828-
Cash/cash equivalents at the year end158 058375 542652 955225 7568 070
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure2953 7243 7485 5499 565
Irregular expenditure22 344104 83861 26040 61026 543
Fruitless & wasteful expenditure-7 9445 0355 1225 473
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2020

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