Ugu District Municipality (DC21)

Financial Results

All values: R'0002017/182016/172015/162014/152013/14
AUDIT OUTCOME Adverse auditQualified auditFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges325 343314 582319 928295 020277 995
Investment revenue20 02224 27626 60916 02510 970
Transfers recognised - operational418 668398 517382 229326 213229 567
Other own revenue5 91919 81023 25123 74614 504
Total Revenue (excluding capital transfers and contributions)769 952757 185752 016661 004533 037
Employee costs371 002340 948302 628274 944246 106
Remuneration of councillors9 0209 4239 5499 1467 938
Depreciation & asset impairment217 191203 854343 101276 418198 475
Finance charges10 38310 62813 55612 81315 818
Materials and bulk purchases94 49086 49079 15152 62652 775
Transfers and grants19 36136 33520 32729 47855 926
Other expenditure340 488326 773316 514280 422145 844
Total Expenditure1 061 9331 014 4501 084 827935 847722 882
Surplus/(Deficit)(291 981)(257 266)(332 810)(274 843)(189 846)
Transfers recognised - capital295 851310 299356 115400 790437 602
Contributions recognised - capital & contributed assets-----
Surplus/(Deficit) after capital transfers & contributions3 87053 03323 305125 947247 756
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year3 87053 03323 305125 947247 756
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure291 944328 518366 184324 778306 216
Transfers recognised - capital244 207310 299307 058307 612300 553
Public contributions & donations-----
Borrowing---599-
Internally generated funds47 73618 21959 12616 5665 664
Total sources of capital funds291 944328 518366 184324 778306 216
FINANCIAL POSITION
Total current assets260 008338 931407 139434 431330 991
Total non current assets4 034 3053 985 3853 891 7563 867 9523 555 457
Total current liabilities270 457245 748254 342263 528216 990
Total non current liabilities118 054136 390155 407173 016189 965
Community wealth/Equity3 905 8033 942 1783 889 1463 865 8403 479 494
CASH FLOWS
Net cash from (used) operating172 534259 511416 583434 107423 278
Net cash from (used) investing(291 064)(327 689)(365 914)(324 401)(306 059)
Net cash from (used) financing(20 022)(19 032)(20 957)(20 484)(23 480)
Cash/cash equivalents at the year end41 801189 051276 261246 549168 625
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure243 819161 195113 950273 79440 076
Irregular expenditure131 30815 9206 70840 350107 344
Fruitless & wasteful expenditure1 2146661 139522662
SOURCEAudited Outcome - C1 2019 Q2Audited Outcome - A1 2018Audited Outcome - A1 2018Audited Outcome - A1 2017Audited Outcome - A1 2017

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