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Emthanjeni Local Municipality (NC073)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates44 92139 62039 42038 68633 191
Service charges166 855145 942140 702130 187120 809
Investment revenue2 7071 2971 1821 7661 450
Transfers recognised - operational48 78154 23951 08648 01029 056
Other own revenue18 8448 237(16 730)15 59919 120
Total Revenue (excluding capital transfers and contributions)282 108249 335215 661234 248203 627
Employee costs97 30992 73588 02885 00187 676
Remuneration of councillors5 8565 7145 6405 8765 605
Depreciation and amortisation5 22152 64652 99250 05152 757
Finance charges13 82413 96411 8513 92314 277
Inventory consumed and bulk purchases97 47583 02676 00476 28975 176
Transfers and subsidies-----
Other expenditure42 88158 63870 53990 860104 520
Total Expenditure262 566306 722305 055312 000340 012
Surplus/(Deficit)19 542(57 387)(89 394)(77 752)(136 385)
Transfers and subsidies - capital (monetary allocations)(740)9 22212 37039 49538 915
Transfers and subsidies - capital (in-kind)---680684
Surplus/(Deficit) after capital transfers & contributions18 802(48 165)(77 024)(37 577)(96 787)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year18 802(48 165)(77 024)(37 577)(96 787)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure14 2979 080226 17377 527148 847
Transfers recognised - capital14 297--31 98556 638
Borrowing---25605
Internally generated funds-9 08088345 517(8 870)
Total sources of capital funds14 2979 08088377 52748 372
FINANCIAL POSITION
Total current assets432 385122 424110 605147 105144 346
Total non current assets845 925842 115712 918733 480757 246
Total current liabilities466 650189 349167 060171 192151 072
Total non current liabilities94 24172 25592 39973 06079 447
Community wealth/Equity698 617751 098564 064673 910767 860
CASH FLOWS
Net cash from (used) operating1 210 825(122 473)339 354-7 042
Net cash from (used) investing9 749(4)(8 007)28 670
Net cash from (used) financing9 050---2 054
Cash/cash equivalents at the year end1 270 638(134 384)320 15749 13946 589
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure157 93572 18287 87362 88853 536
Irregular expenditure8 6563 3109 62851 54127 140
Fruitless & wasteful expenditure11 7424 6409013 5544 957
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.
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