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City of Mbombela Local Municipality (MP326)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedQualified auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates708 140651 717631 719466 134370 133
Service charges1 400 7721 303 9461 241 8281 088 910966 314
Investment revenue12 8106 5427 3838 5812 638
Transfers recognised - operational996 410890 326816 078776 204509 119
Other own revenue136 777393 535148 868138 129112 222
Total Revenue (excluding capital transfers and contributions)3 254 9083 246 0662 845 8762 477 9581 960 426
Employee costs1 147 6071 010 445936 949793 706592 745
Remuneration of councillors59 25658 53739 46638 42230 680
Depreciation & asset impairment539 299551 510506 580502 874458 861
Finance charges85 67874 87390 66566 27250 043
Materials and bulk purchases1 012 627905 474796 644753 528663 976
Transfers and grants1 1358 11040 20531 91239 271
Other expenditure1 220 3931 051 0001 064 698922 756906 138
Total Expenditure4 065 9963 659 9503 475 2083 109 4702 741 714
Surplus/(Deficit)(811 087)(413 885)(629 333)(631 512)(781 288)
Transfers recognised - capital413 734460 998418 601443 780629 230
Contributions recognised - capital & contributed assets10 1723 46211 1483 242-
Surplus/(Deficit) after capital transfers & contributions(387 181)50 575(199 583)(184 490)(152 057)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(387 181)50 575(199 583)(184 490)(152 057)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure137 76988 907153 181100 123617 699
Transfers recognised - capital92 90871 92081 73687 462509 262
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds44 86116 98675 8505 320108 436
Total sources of capital funds137 76988 907157 58692 782617 699
FINANCIAL POSITION
Total current assets689 290701 485571 500449 378419 068
Total non current assets7 604 7797 548 5887 543 1707 567 8207 589 572
Total current liabilities2 392 4292 162 8922 087 4291 733 2421 538 623
Total non current liabilities697 275622 603616 071595 904597 476
Community wealth/Equity5 204 3765 464 5795 411 1695 872 5425 872 542
CASH FLOWS
Net cash from (used) operating(847 804)---612 276
Net cash from (used) investing(281 857)(54)19 659(22 190)(610 544)
Net cash from (used) financing5792 5933 36236 920(4 223)
Cash/cash equivalents at the year end(1 056 062)129 117115 72040 43223 864
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure486 320474 819267 153319 608285 960
Irregular expenditure50 788125 388208 935186 522348 398
Fruitless & wasteful expenditure-44 63338 04228 91014 553
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited Outcome
A1 2021
Audited 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.
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