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Ugu District Municipality (DC21)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates----(209)
Service charges502 857444 946440 704474 533394 895
Investment revenue10 8417 4706 48310 2597 235
Transfers recognised - operational599 370533 163570 495513 637680 584
Other own revenue82 39356 54752 94926 08158 393
Total Revenue (excluding capital transfers and contributions)1 195 4611 042 1261 070 6311 024 5091 140 899
Employee costs516 142413 723405 001400 292388 283
Remuneration of councillors11 7959 8099 71910 4959 441
Depreciation and amortisation226 480226 978229 668221 793261 277
Finance charges7 20822 66817 68817 56410 667
Inventory consumed and bulk purchases143 548155 058166 135152 749144 668
Transfers and subsidies21 6502 78611 73644 098162
Other expenditure666 331675 162514 733627 973566 086
Total Expenditure1 593 1541 506 1841 354 6791 474 9641 380 583
Surplus/(Deficit)(397 693)(464 059)(284 048)(450 456)(239 684)
Transfers and subsidies - capital (monetary allocations)508 512348 809242 618306 06555 000
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions110 819(115 249)(41 430)(144 390)(184 684)
Share of surplus/(deficit) of associate-122329--
Surplus/(Deficit) for the year110 819(115 128)(41 101)(144 390)(184 684)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure8 417 7398 023 2837 969 9792 579 286(164 571)
Transfers recognised - capital680 574482 645363 584398 766(504 860)
Borrowing-----
Internally generated funds7 737 1647 540 6387 606 3958 164 16710 647
Total sources of capital funds8 417 7398 023 2837 969 9798 562 934(494 213)
FINANCIAL POSITION
Total current assets288 697168 330525 716399 61442 876
Total non current assets3 640 9073 464 2313 582 6083 689 208(247 066)
Total current liabilities1 000 001810 180775 431758 729207 638
Total non current liabilities52 83756 43464 16972 436(3 759)
Community wealth/Equity2 765 9482 881 0763 309 8253 402 047(223 385)
CASH FLOWS
Net cash from (used) operating9 906 8074 138 75961 65581 09122 132
Net cash from (used) investing(604 915)(309 268)10(4 306)(936)
Net cash from (used) financing----(20 506)
Cash/cash equivalents at the year end9 601 5063 829 00860 70875 813(23 237)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-252 415295 341228 150
Irregular expendituren/a324 546177 752294 829322 159
Fruitless & wasteful expendituren/a-14 19710 91511 718
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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