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Ubuntu Local Municipality (NC071)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates17 14921 79320 79121 41622 140
Service charges44 37045 07832 28629 70524 593
Investment revenue1 9002 0141 261501360
Transfers recognised - operational60 10767 08355 04745 91649 734
Other own revenue38 52629 84322 37013 53412 872
Total Revenue (excluding capital transfers and contributions)162 052165 811131 755111 072109 700
Employee costs41 39136 50133 96235 29937 554
Remuneration of councillors5 2274 7444 3594 0102 842
Depreciation and amortisation18 194(0)16 12531 46929 517
Finance charges7 21810 6485 7891 2665 095
Inventory consumed and bulk purchases31 72728 16628 33724 54321 398
Transfers and subsidies-----
Other expenditure59 44530 99676 01758 18745 964
Total Expenditure163 201111 055164 590154 774142 369
Surplus/(Deficit)(1 149)54 757(32 835)(43 702)(32 669)
Transfers and subsidies - capital (monetary allocations)20 68432 74828 79520 26919 348
Transfers and subsidies - capital (in-kind)----7 320
Surplus/(Deficit) after capital transfers & contributions19 53587 504(4 039)(23 433)(6 001)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year19 53587 504(4 039)(23 433)(6 001)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure38 40728 53035 83200
Transfers recognised - capital38 40728 30923 422--
Borrowing-----
Internally generated funds-2212 95400
Total sources of capital funds38 40728 53026 37600
FINANCIAL POSITION
Total current assets76 98884 63852 20637 88552 079
Total non current assets627 379643 823608 023589 859599 113
Total current liabilities143 895127 338150 700114 556117 095
Total non current liabilities11 57520 03220 03223 85521 332
Community wealth/Equity529 363493 586493 536512 765518 766
CASH FLOWS
Net cash from (used) operating(71)(207 753)1 176 498(14)(73)
Net cash from (used) investing--(33 009)--
Net cash from (used) financing-----
Cash/cash equivalents at the year end13 307(189 406)1 149 8001 52012 510
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure13 82832 12524 741440 26240 047
Irregular expenditure63 2784 590-14 74523 716
Fruitless & wasteful expenditure1 7461 2805 31136 183-
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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