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Inkosi Langalibalele Local Municipality (KZN237)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditQualified auditDisclaimer of audit
FINANCIAL PERFORMANCE
Property rates119 406113 449105 620111 482101 729
Service charges327 310301 773264 180244 680243 869
Investment revenue7 40411 4029 3162 7832 035
Transfers recognised - operational260 332245 225233 631208 380236 982
Other own revenue68 98591 48878 48533 1679 089
Total Revenue (excluding capital transfers and contributions)783 436763 338691 232600 492593 705
Employee costs215 387191 478186 910195 083162 630
Remuneration of councillors20 92322 76414 07711 92110 505
Depreciation and amortisation80 40552 256134 587132 46767 820
Finance charges4 3061 4435139941 808
Inventory consumed and bulk purchases309 027289 992243 750226 408195 066
Transfers and subsidies371200234--
Other expenditure294 562208 380169 597149 918165 725
Total Expenditure924 981766 512749 668716 791603 554
Surplus/(Deficit)(141 545)(3 174)(58 436)(116 299)(9 849)
Transfers and subsidies - capital (monetary allocations)59 70686 205130 32739 66551 736
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(81 839)83 03171 892(76 634)41 886
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(81 839)83 03171 892(76 634)41 886
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure103 688147 062173 523181 198197 044
Transfers recognised - capital97 162142 713170 283209 295180 778
Borrowing-----
Internally generated funds4 4246303 801(28 096)16 266
Total sources of capital funds101 586143 344174 084181 198197 044
FINANCIAL POSITION
Total current assets252 784299 436327 970227 244544 952
Total non current assets1 181 1141 210 3761 355 1651 226 070799 103
Total current liabilities135 585141 210165 107199 340535 807
Total non current liabilities57 37053 22756 66447 71557 477
Community wealth/Equity1 240 9431 315 3751 462 6891 282 893708 884
CASH FLOWS
Net cash from (used) operating316 884251 389220 505(55 808)(145 314)
Net cash from (used) investing(66 374)(100 755)(149 138)--
Net cash from (used) financing--(50)265133
Cash/cash equivalents at the year end322 570275 986175 975(29 542)(121 838)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure193 63272 20653 533205 92033 944
Irregular expenditure17 73585 05318 17132 87934 882
Fruitless & wasteful expenditure24 42941 7953301 165965
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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