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uMzinyathi District Municipality (DC24)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditAdverse auditAdverse auditAdverse auditQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges42 1231 50276 52891 39674 881
Investment revenue6 2078 6756 5061 9042 860
Transfers recognised - operational530 004499 373462 550411 249440 967
Other own revenue65 46561 50141 09034 93738 373
Total Revenue (excluding capital transfers and contributions)643 800571 050586 673539 487557 080
Employee costs283 833250 757208 400240 433210 813
Remuneration of councillors8 0246 9316 0656 6335 664
Depreciation and amortisation63 32382 53981 00189 962100 297
Finance charges13 31762 0927 0551 2445 429
Inventory consumed and bulk purchases60 181104 765136 24396 25980 057
Transfers and subsidies11 70010 00010 00010 000380
Other expenditure314 774495 323320 267351 762355 321
Total Expenditure755 1521 012 407769 031796 294757 963
Surplus/(Deficit)(111 352)(441 357)(182 358)(256 807)(200 883)
Transfers and subsidies - capital (monetary allocations)269 137256 722307 685277 700272 731
Transfers and subsidies - capital (in-kind)---8 405-
Surplus/(Deficit) after capital transfers & contributions157 785(184 635)125 32729 29971 848
Share of surplus/(deficit) of associate17 151(5 335)34 177--
Surplus/(Deficit) for the year174 936(189 970)159 50429 29971 848
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure223 1471 473 9191 069 851865 601566 767
Transfers recognised - capital217 5211 374 459977 488797 438507 773
Borrowing-----
Internally generated funds5 62799 46192 36368 16358 994
Total sources of capital funds223 1471 473 9191 069 851865 601566 767
FINANCIAL POSITION
Total current assets25 142(56 210)149 65565 610308 992
Total non current assets3 282 7273 167 8182 609 0932 698 2342 377 856
Total current liabilities647 410598 451507 274467 068405 702
Total non current liabilities47 11540 44634 29936 50843 729
Community wealth/Equity2 472 7102 652 0112 126 0242 261 7862 194 955
CASH FLOWS
Net cash from (used) operating1 931 0938 888 0837 273 6725 470 4503 962 038
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end2 008 4048 945 1567 330 7465 470 4503 977 098
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure132 233107 975316 859875 277221 697
Irregular expenditure66 234242 382227 723136 709299 928
Fruitless & wasteful expenditure65 32111 9353 50931 671277
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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