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Raymond Mhlaba Local Municipality (EC129)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates109 814106 130107 71595 847103 629
Service charges136 299116 330108 938103 83691 015
Investment revenue4 1074 0672 4661 9561 553
Transfers recognised - operational235 553208 227217 855199 993225 393
Other own revenue200 59485 13259 80754 95537 414
Total Revenue (excluding capital transfers and contributions)686 366519 887496 780456 588459 004
Employee costs216 103215 816207 191202 488192 229
Remuneration of councillors21 17920 26718 84218 31218 464
Depreciation and amortisation40 16986 95523 52632 37728 649
Finance charges8 93316 84628 00621 37413 435
Inventory consumed and bulk purchases105 32790 71978 46582 61870 363
Transfers and subsidies10 48210 18611 1869 37212 978
Other expenditure155 776204 85150 6761 956208 712
Total Expenditure557 969645 640417 892368 495544 830
Surplus/(Deficit)128 397(125 753)78 88888 093(85 826)
Transfers and subsidies - capital (monetary allocations)72 70682 17953 76539 36154 889
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions201 103(43 574)132 654127 453(30 938)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year201 103(43 574)132 654127 453(30 938)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure58 09361 86048 47510 206n/a
Transfers recognised - capital46 74450 28336 3656n/a
Borrowing----n/a
Internally generated funds(223)130--n/a
Total sources of capital funds46 52150 41336 3656n/a
FINANCIAL POSITION
Total current assets548 538419 250450 400284 01379 363
Total non current assets797 609795 697816 100764 199774 719
Total current liabilities324 860219 094510 612464 758416 699
Total non current liabilities131 518307 187104 96589 85381 111
Community wealth/Equity688 666732 239518 269366 148356 272
CASH FLOWS
Net cash from (used) operating(829 533)(687 679)(224 609)74 28210 943
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end(833 197)(691 343)(228 273)70 61810 975
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure---3 195-
Irregular expenditure126 86124 72980 969133 57216 564
Fruitless & wasteful expenditure13 22810 60923 3465 75224 949
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2022

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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