ADVERTISEMENT

Umsobomvu Local Municipality (NC072)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property ratesn/a17 77115 39314 38710 946
Service chargesn/a71 34170 33461 09458 076
Investment revenuen/a1 02395157611
Transfers recognised - operationaln/a69 13260 35765 71353 915
Other own revenuen/a39 86346 00634 02532 216
Total Revenue (excluding capital transfers and contributions)n/a199 130192 186175 376155 765
Employee costsn/a52 83257 41957 29151 738
Remuneration of councillorsn/a5 3414 8563 9964 128
Depreciation and amortisationn/a35 7392029 51626 989
Finance chargesn/a3 6578411 116-
Inventory consumed and bulk purchasesn/a38 55637 95132 52728 333
Transfers and subsidiesn/a---6
Other expendituren/a94 169129 30156 58975 990
Total Expendituren/a230 294230 389181 035187 185
Surplus/(Deficit)n/a(31 164)(38 203)(5 659)(31 420)
Transfers and subsidies - capital (monetary allocations)n/a26 28724 64420 98425 863
Transfers and subsidies - capital (in-kind)n/a--7 688-
Surplus/(Deficit) after capital transfers & contributionsn/a(4 877)(13 560)23 013(5 557)
Share of surplus/(deficit) of associaten/a----
Surplus/(Deficit) for the yearn/a(4 877)(13 560)23 013(5 557)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expendituren/a(28 110)3 904(42 793)3 606
Transfers recognised - capitaln/a(32 206)4 468(49 437)-
Borrowingn/a----
Internally generated fundsn/a4 0961 3221 987-
Total sources of capital fundsn/a(28 110)5 791(47 450)-
FINANCIAL POSITION
Total current assetsn/a136 761110 792106 07784 448
Total non current assetsn/a522 404516 432506 707501 285
Total current liabilitiesn/a94 637108 72476 87571 367
Total non current liabilitiesn/a21 5019 5788 7739 305
Community wealth/Equityn/a543 027508 921504 122510 618
CASH FLOWS
Net cash from (used) operatingn/a144 718187 412--
Net cash from (used) investingn/a(27 275)(16 776)(172)-
Net cash from (used) financingn/a----
Cash/cash equivalents at the year endn/a119 409172 5863 24010 228
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-56 78827 81921 990
Irregular expendituren/a2 22816 98610 7162 995
Fruitless & wasteful expendituren/a1 900570--
SOURCEAudited 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

Powered by Creative 8 | Version: 2.10.24 / PHP Version: 8.2.27