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Emthanjeni Local Municipality (NC073)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates55 20949 67144 92139 62039 420
Service charges166 062162 064166 855145 942140 702
Investment revenue3 1053 7262 7071 2971 182
Transfers recognised - operational67 17062 34760 51154 23951 086
Other own revenue4 47218 97822 4238 237(16 730)
Total Revenue (excluding capital transfers and contributions)296 018296 785297 417249 335215 661
Employee costs102 922105 32098 57492 73588 028
Remuneration of councillors6 6075 7203 6705 7145 640
Depreciation and amortisation49 54153 75753 61952 64652 992
Finance charges40 54220 47722 76713 96411 851
Inventory consumed and bulk purchases122 674106 47581 39783 02676 004
Transfers and subsidies-----
Other expenditure169 963106 028181 19558 63870 539
Total Expenditure492 249397 778441 221306 722305 055
Surplus/(Deficit)(196 231)(100 993)(143 804)(57 387)(89 394)
Transfers and subsidies - capital (monetary allocations)31 33234 63620 3199 22212 370
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(164 899)(66 357)(123 485)(48 165)(77 024)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(164 899)(66 357)(123 485)(48 165)(77 024)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure78 33738 562-9 080226 173
Transfers recognised - capital64 47634 808---
Borrowing-----
Internally generated funds13 8613 738-9 080883
Total sources of capital funds78 33738 547-9 080883
FINANCIAL POSITION
Total current assets420 419381 465296 398122 424110 605
Total non current assets804 728804 515810 116842 115712 918
Total current liabilities748 607554 479424 893189 349167 060
Total non current liabilities163 962113 075106 39672 25592 399
Community wealth/Equity477 477584 784698 710751 098564 064
CASH FLOWS
Net cash from (used) operating302 191112 182(20)(122 473)339 354
Net cash from (used) investing----(8 007)
Net cash from (used) financing-----
Cash/cash equivalents at the year end330 333140 32328 121(134 380)320 157
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure209 188116 630157 93572 18287 873
Irregular expenditure21 91523 1108 6563 3109 628
Fruitless & wasteful expenditure39 35423 42611 7424 64090
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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