Big 5 Hlabisa Local Municipality (KZN276)

Big 5 Hlabisa Local Municipality was established by the amalgamation of The Big 5 False Bay Local Municipality and Hlabisa 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 The Big 5 False Bay Local Municipality and Hlabisa Local Municipality.

Financial Results

All values: R'0002019/202018/192017/182016/17
AUDIT OUTCOME Qualified auditQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates18 69922 1201 2087 126
Service charges2 0622 0771681 470
Investment revenue1 592-(232)733
Transfers recognised - operational118 671102 64911 17784 649
Other own revenue10 32412 401(858)4 085
Total Revenue (excluding capital transfers and contributions)151 348139 24711 46398 063
Employee costs79 09073 7745 53255 359
Remuneration of councillors7 2127 4206595 766
Depreciation & asset impairment21 90442 3068 2249 711
Finance charges5671 127431146
Materials and bulk purchases-1(1)-
Transfers and grants4681 671(482)7 044
Other expenditure59 79452 3563 81244 283
Total Expenditure169 035178 65518 176122 309
Surplus/(Deficit)(17 687)(39 408)(6 713)(24 246)
Transfers recognised - capital24 07920 2694223 800
Contributions recognised - capital & contributed assets45517260-
Surplus/(Deficit) after capital transfers & contributions6 847(18 967)(6 611)(446)
Share of surplus/(deficit) of associate----
Surplus/(Deficit) for the year6 847(18 967)(6 611)(446)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure345 072362 9251 12925 019
Transfers recognised - capital30 526(6 092)(22 980)23 739
Public contributions & donationsn/an/an/an/a
Borrowing----
Internally generated funds302 431371 2144 3531 280
Total sources of capital funds332 957365 122(18 627)25 019
FINANCIAL POSITION
Total current assets60 05559 066(6 469)28 257
Total non current assets225 778251 831(8 565)266 510
Total current liabilities51 96057 187(8 950)44 564
Total non current liabilities10 4429 7045199 298
Community wealth/Equity216 584262 9728240 905
CASH FLOWS
Net cash from (used) operating8 167(131 293)3719 641
Net cash from (used) investing4 0685 471(669)(25 019)
Net cash from (used) financing81(112)(17)(541)
Cash/cash equivalents at the year end12 316(125 934)(649)1 903
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a51 5939 66811 492
Irregular expendituren/a13 12712 75570 249
Fruitless & wasteful expendituren/a384797357
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020

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.