ADVERTISEMENT

Emthanjeni Local Municipality (NC073)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates46 15044 92139 62039 42038 686
Service charges186 300166 855145 942140 702130 187
Investment revenue3 7262 7071 2971 1821 766
Transfers recognised - operational64 10048 78154 23951 08648 010
Other own revenue20 14518 8448 237(16 730)15 599
Total Revenue (excluding capital transfers and contributions)320 421282 108249 335215 661234 248
Employee costs105 43597 30992 73588 02885 001
Remuneration of councillors5 7205 8565 7145 6405 876
Depreciation and amortisation53 7965 22152 64652 99250 051
Finance charges59 86113 82413 96411 8513 923
Inventory consumed and bulk purchases105 72597 47583 02676 00476 289
Transfers and subsidies-----
Other expenditure45 54642 88158 63870 53990 860
Total Expenditure376 083262 566306 722305 055312 000
Surplus/(Deficit)(55 663)19 542(57 387)(89 394)(77 752)
Transfers and subsidies - capital (monetary allocations)36 138(740)9 22212 37039 495
Transfers and subsidies - capital (in-kind)----680
Surplus/(Deficit) after capital transfers & contributions(19 525)18 802(48 165)(77 024)(37 577)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(19 525)18 802(48 165)(77 024)(37 577)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure38 48614 2979 080226 17377 527
Transfers recognised - capital34 76914 297--31 985
Borrowing----25
Internally generated funds3 701-9 08088345 517
Total sources of capital funds38 47014 2979 08088377 527
FINANCIAL POSITION
Total current assets466 332432 385122 424110 605147 105
Total non current assets804 223845 925842 115712 918733 480
Total current liabilities614 739466 650189 349167 060171 192
Total non current liabilities107 35294 24172 25592 39973 060
Community wealth/Equity567 989698 617751 098564 064673 910
CASH FLOWS
Net cash from (used) operating81 6671 210 825(122 473)339 354-
Net cash from (used) investing-1 743-(8 007)2
Net cash from (used) financing-9 050---
Cash/cash equivalents at the year end109 8081 262 631(134 380)320 15749 139
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure116 630157 93572 18287 87362 888
Irregular expenditure23 1108 6563 3109 62851 541
Fruitless & wasteful expenditure23 42611 7424 6409013 554
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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