Raymond Mhlaba Local Municipality (EC129)

Raymond Mhlaba Local Municipality was established by the amalgamation of Nkonkobe Local Municipality and Nxuba Local Municipality on 3 August 2016. Financial, Employment and Service Delivery information for the new municipality is only available from the 2016/17 financial year. View historical information for Nkonkobe Local Municipality and Nxuba Local Municipality.

Financial Results

All values: R'0002018/192017/182016/17
AUDIT OUTCOME Qualified auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates73 99859 86050 368
Service charges97 43973 12962 527
Investment revenue6742 7221 985
Transfers recognised - operational156 192204 811154 940
Other own revenue53 32033 73728 725
Total Revenue (excluding capital transfers and contributions)381 623374 259298 545
Employee costs133 752137 056114 983
Remuneration of councillors17 02716 57413 170
Depreciation & asset impairment-30 04831 228
Finance charges-15 96313 729
Materials and bulk purchases29 86563 87156 642
Transfers and grants14 7727 5788 787
Other expenditure99 372116 934155 356
Total Expenditure294 788388 023393 895
Surplus/(Deficit)86 835(13 764)(95 349)
Transfers recognised - capital-68 20943 304
Contributions recognised - capital & contributed assets---
Surplus/(Deficit) after capital transfers & contributions86 83554 445(52 045)
Share of surplus/(deficit) of associate---
Surplus/(Deficit) for the year86 83554 445(52 045)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure50 27176 49943 396
Transfers recognised - capital49 05275 08340 814
Public contributions & donations---
Borrowing---
Internally generated funds1 2191 4162 583
Total sources of capital funds50 27176 49943 396
FINANCIAL POSITION
Total current assetsn/a66 56063 163
Total non current assetsn/a616 966577 571
Total current liabilitiesn/a197 175195 298
Total non current liabilitiesn/a63 53569 310
Community wealth/Equityn/a422 816376 125
CASH FLOWS
Net cash from (used) operating68 08472 55958 125
Net cash from (used) investing(54 351)(74 540)(42 136)
Net cash from (used) financing-(336)(6 426)
Cash/cash equivalents at the year end30 97417 24119 558
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-3 90326 780
Irregular expenditure71577 98330 156
Fruitless & wasteful expenditure16 02112 77411 528
SOURCEYTD Actual - C1 2019 Q4Audited Outcome - C1 2019 Q2Audited Outcome - A1 2018

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.