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Enoch Mgijima Local Municipality (EC139)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates170 018146 537149 367136 905126 225
Service charges401 168350 368330 117329 134252 150
Investment revenue8 7396 8064 6913 6522 842
Transfers recognised - operational328 133359 605275 767274 165240 493
Other own revenue152 597202 683106 68082 303101 065
Total Revenue (excluding capital transfers and contributions)1 060 6541 065 999866 623826 158722 774
Employee costs326 877318 326336 239325 130329 821
Remuneration of councillors31 68528 11826 86324 83325 468
Depreciation and amortisation174 179112 29969 42777 95058 594
Finance charges29 07049 83989 94764 36939 795
Inventory consumed and bulk purchases472 493389 291314 945328 435280 173
Transfers and subsidies1 6911 6301 7371 5881 113
Other expenditure528 494557 493317 129337 273181 874
Total Expenditure1 564 4871 456 9961 156 2871 159 579916 837
Surplus/(Deficit)(503 833)(390 997)(289 664)(333 421)(194 063)
Transfers and subsidies - capital (monetary allocations)89 41398 402106 75054 53279 546
Transfers and subsidies - capital (in-kind)-912 792-51 718
Surplus/(Deficit) after capital transfers & contributions(414 420)(292 505)(180 122)(278 889)(62 800)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(414 420)(292 505)(180 122)(278 889)(62 800)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure67 866(13 970)10 998066 400
Transfers recognised - capital66 093(18 054)4 996-65 633
Borrowing-----
Internally generated funds1 7734 0833 4800767
Total sources of capital funds67 866(13 970)8 477066 400
FINANCIAL POSITION
Total current assets701 733651 730690 370526 158369 695
Total non current assets1 602 6501 609 3081 794 4211 710 9171 543 990
Total current liabilities2 319 9721 972 0071 740 4571 361 949998 358
Total non current liabilities139 690110 897253 521320 173152 778
Community wealth/Equity(155 278)178 133490 813554 953779 951
CASH FLOWS
Net cash from (used) operating698 143880 818241 297805 473930 641
Net cash from (used) investing(65 429)15 383(10 998)-(66 400)
Net cash from (used) financing----(1 202)
Cash/cash equivalents at the year end705 470933 398294 670843 071908 085
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure485 789381 588487 931427 022189 203
Irregular expenditure135 942221 734416 199117 64052 650
Fruitless & wasteful expenditure29 93450 997135 703169 738122 467
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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