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Big 5 Hlabisa Local Municipality (KZN276)

Financial Results

All values: R'0002022/232021/222020/212019/202018/19
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates24 70225 42727 51618 73822 120
Service charges2 0992 1612 3282 0622 077
Investment revenue6 0612 7691 575--
Transfers recognised - operational146 819152 637193 106155 688103 820
Other own revenue9 0643 0804 5904 80813 179
Total Revenue (excluding capital transfers and contributions)188 744186 074229 115181 296141 197
Employee costs84 72783 19880 75979 09073 414
Remuneration of councillors8 6808 3287 2627 2127 420
Depreciation and amortisation18 01018 95428 68621 65242 802
Finance charges1 2139177525671 337
Inventory consumed and bulk purchases----1
Transfers and subsidies2 0331 4982 3531 0822 086
Other expenditure73 32575 89295 01989 35655 581
Total Expenditure187 988188 786214 832198 960182 641
Surplus/(Deficit)756(2 712)14 283(17 664)(41 443)
Transfers and subsidies - capital (monetary allocations)28 56835 12127 80024 07920 269
Transfers and subsidies - capital (in-kind)156-111455172
Surplus/(Deficit) after capital transfers & contributions29 48032 40942 1956 870(21 002)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year29 48032 40942 1956 870(21 002)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure403 675381 878346 869341 671335 466
Transfers recognised - capital70 03565 29353 16331 34517 466
Borrowing-----
Internally generated funds238 631224 573211 491232 661305 517
Total sources of capital funds308 666289 865264 654264 006322 982
FINANCIAL POSITION
Total current assets112 171106 99290 15060 14454 930
Total non current assets248 816249 348277 750239 018228 180
Total current liabilities28 74433 45838 97352 18356 389
Total non current liabilities11 70010 9636 51710 44210 138
Community wealth/Equity291 063247 102280 215229 668237 619
CASH FLOWS
Net cash from (used) operating66893 83326 4506 9733 289
Net cash from (used) investing4641 1181 5001 5472 387
Net cash from (used) financing-104480159
Cash/cash equivalents at the year end65 884145 31927 9948 6005 835
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure1 250230 03344 74939 19751 593
Irregular expenditure7 0247 2648 83715 67613 127
Fruitless & wasteful expenditure03 71631817384
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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