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Inkosi Langalibalele Local Municipality (KZN237)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME n/aQualified auditDisclaimer of auditDisclaimer of auditAdverse audit
FINANCIAL PERFORMANCE
Property rates106 946111 482101 72974 71187 595
Service charges264 180244 680243 869265 491239 527
Investment revenue9 3162 7832 0352 0091 298
Transfers recognised - operational233 631208 380236 982284 685172 984
Other own revenue74 83533 1679 08980 382(22 242)
Total Revenue (excluding capital transfers and contributions)688 908600 492593 705707 278479 162
Employee costs186 910195 083162 630165 546163 903
Remuneration of councillors14 07711 92110 50513 29713 908
Depreciation and amortisation134 587132 46767 82044 734153 545
Finance charges5139941 8083 5886 637
Inventory consumed and bulk purchases243 975226 408195 066185 084189 896
Transfers and subsidies234----
Other expenditure151 252149 918165 725154 681159 761
Total Expenditure731 548716 791603 554566 930687 651
Surplus/(Deficit)(42 640)(116 299)(9 849)140 348(208 489)
Transfers and subsidies - capital (monetary allocations)150 76639 66551 73643 73436 949
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions108 126(76 634)41 886184 082(171 540)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year108 126(76 634)41 886184 082(171 540)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure190 120181 198197 044140 560149 881
Transfers recognised - capital187 131209 295180 778161 437128 310
Borrowing-----
Internally generated funds3 844(28 096)16 266(20 877)21 570
Total sources of capital funds190 975181 198197 044140 560149 881
FINANCIAL POSITION
Total current assets286 662227 244544 952312 255117 086
Total non current assets1 373 3251 226 070799 103833 489839 847
Total current liabilities115 625199 340535 807545 667536 370
Total non current liabilities46 06647 71557 47759 55663 321
Community wealth/Equity1 634 8111 282 893708 884356 439528 782
CASH FLOWS
Net cash from (used) operating190 009(55 808)(145 314)(52 088)-
Net cash from (used) investing(149 138)----
Net cash from (used) financing(62)265133-(10)
Cash/cash equivalents at the year end142 570(29 542)(121 838)(28 818)23 260
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a205 92033 94473 6316 286
Irregular expendituren/a32 87934 88232 32417 169
Fruitless & wasteful expendituren/a1 1659652 7291 779
SOURCEAudited Outcome
C1 2024 Q1
Audited Outcome
A1 2023
Audited Outcome
A1 2023
Audited Outcome
A1 2022
Audited Outcome
A1 2021

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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