Collins Chabane Local Municipality (LIM345)

Collins Chabane Local Municipality was established by the amalgamation of portions of Thulamela Local Municipality and Makhado 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 Thulamela Local Municipality and Makhado Local Municipality.

Financial Results

All values: R'0002019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedQualified auditDisclaimer of auditQualified audit
FINANCIAL PERFORMANCE
Property rates34 72933 93715 9317 513
Service charges3 5832 6953 0072 412
Investment revenue10 67411 67712 5085 461
Transfers recognised - operational373 368331 608314 421207 370
Other own revenue10 36116 3245 452351 271
Total Revenue (excluding capital transfers and contributions)432 716396 241351 320574 027
Employee costs109 51383 74468 60631 915
Remuneration of councillors26 74326 35317 66420 250
Depreciation & asset impairment30 98722 20114 34511 286
Finance charges11741175-
Materials and bulk purchases5 7149 0153 385-
Transfers and grants5 27623 9982 441-
Other expenditure132 331113 73859 29060 861
Total Expenditure310 681279 091165 907124 312
Surplus/(Deficit)122 035117 150185 413449 715
Transfers recognised - capital103 136118 850115 02682 734
Contributions recognised - capital & contributed assets----
Surplus/(Deficit) after capital transfers & contributions225 171236 000300 438532 449
Share of surplus/(deficit) of associate----
Surplus/(Deficit) for the year225 171236 000300 438532 449
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure205 39392 06059 30871 831
Transfers recognised - capital12 55852 76650 40771 831
Public contributions & donationsn/an/an/an/a
Borrowing----
Internally generated funds8 59928 7016 253-
Total sources of capital funds21 15681 46856 66071 831
FINANCIAL POSITION
Total current assets585 917389 895270 343206 081
Total non current assets775 869728 293474 799383 912
Total current liabilities88 08475 18265 75251 467
Total non current liabilities132 075127 4413 3346 076
Community wealth/Equity916 456679 565375 618532 449
CASH FLOWS
Net cash from (used) operating193 376(218 181)283 001257 349
Net cash from (used) investing(181 240)(180 554)(366 485)(71 831)
Net cash from (used) financing108424-815
Cash/cash equivalents at the year end743 035(144 567)102 848186 333
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a10 3694 998-
Irregular expendituren/a104 91945 4297 926
Fruitless & wasteful expendituren/a1 1632241 125
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.