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uMgungundlovu District Municipality (DC22)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges447 235310 099294 646285 428253 282
Investment revenue16 2493 4792 9076 0918 090
Transfers recognised - operational706 335623 124585 717543 773493 081
Other own revenue56 40632 42464 96248 01240 088
Total Revenue (excluding capital transfers and contributions)1 226 226969 126948 232883 304794 541
Employee costs276 766280 117265 513258 160242 633
Remuneration of councillors14 60711 53111 69111 60611 628
Depreciation and amortisation51 15351 68153 11654 11346 642
Finance charges18 25019 72821 03325 50914 634
Inventory consumed and bulk purchases229 920184 878271 483224 499161 412
Transfers and subsidies9 5509 1586 5005 0846 416
Other expenditure579 694439 988416 875412 863470 796
Total Expenditure1 179 939997 0821 046 212991 834954 160
Surplus/(Deficit)46 287(27 956)(97 979)(108 530)(159 619)
Transfers and subsidies - capital (monetary allocations)312 140278 979224 928179 434217 546
Transfers and subsidies - capital (in-kind)369--7 029-
Surplus/(Deficit) after capital transfers & contributions358 795251 023126 94877 93357 927
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year358 795251 023126 94877 93357 927
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure324 273407 355307 63165 5192 978 630
Transfers recognised - capital320 747405 500299 23158 2602 887 485
Borrowing-----
Internally generated funds3 5261 8558 4007 25980 331
Total sources of capital funds324 273407 355307 63165 5192 967 815
FINANCIAL POSITION
Total current assets352 667156 997144 458262 217175 675
Total non current assets2 541 5162 344 1582 185 2592 039 6971 956 839
Total current liabilities305 813258 364285 395399 779297 253
Total non current liabilities166 187180 016221 189228 120240 918
Community wealth/Equity2 063 3881 811 7531 696 1851 596 0821 536 417
CASH FLOWS
Net cash from (used) operating(195 360)(8 611)---
Net cash from (used) investing-----
Net cash from (used) financing(28 606)(10 962)--349
Cash/cash equivalents at the year end9 165213 5672219357
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure256 83765 63086 575182 42945 447
Irregular expenditure345 92768113 33241 3757 803
Fruitless & wasteful expenditure20 09512837 282488
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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