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uMzinyathi District Municipality (DC24)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Adverse auditAdverse auditQualified auditDisclaimer of auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges83 04891 39674 88182 15070 845
Investment revenue6 5061 9042 8608 81511 908
Transfers recognised - operational462 550411 249440 967363 276334 782
Other own revenue37 16334 93738 373(10 865)58 389
Total Revenue (excluding capital transfers and contributions)589 267539 487557 080443 376475 924
Employee costs211 414240 433210 813176 164144 993
Remuneration of councillors6 0656 6335 6645 7156 338
Depreciation and amortisation81 00189 962100 29796 38395 928
Finance charges4 2191 2445 42910 88373
Inventory consumed and bulk purchases135 78796 25980 05770 50995 682
Transfers and subsidies10 00010 000380107200
Other expenditure320 267351 762355 321262 900280 200
Total Expenditure768 754796 294757 963622 660623 415
Surplus/(Deficit)(179 487)(256 807)(200 883)(179 284)(147 491)
Transfers and subsidies - capital (monetary allocations)307 685277 700272 731279 662295 285
Transfers and subsidies - capital (in-kind)-8 405-9 390-
Surplus/(Deficit) after capital transfers & contributions128 19829 29971 848109 767147 794
Share of surplus/(deficit) of associate---27 42218 659
Surplus/(Deficit) for the year128 19829 29971 848137 189166 454
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 074 455865 601566 767366 308161 230
Transfers recognised - capital982 092797 438507 773300 753122 853
Borrowing-----
Internally generated funds92 36368 16358 99465 55512 615
Total sources of capital funds1 074 455865 601566 767366 308135 467
FINANCIAL POSITION
Total current assets155 57465 610308 992(1 752 840)(1 730 322)
Total non current assets2 712 6582 698 2342 377 8562 288 4992 148 894
Total current liabilities514 261467 068405 702231 200200 283
Total non current liabilities34 29936 50843 729112 56788 356
Community wealth/Equity2 252 3692 261 7862 194 955109 545798
CASH FLOWS
Net cash from (used) operating7 271 6035 467 3663 962 0381 929 51010
Net cash from (used) investing(8)--4 268-
Net cash from (used) financing----(8)
Cash/cash equivalents at the year end7 328 6705 467 3663 977 0981 933 7782
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure316 900875 277221 697-67 696
Irregular expenditure227 700136 709299 928298 374355 665
Fruitless & wasteful expenditure3 50031 6712774 29373
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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