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City of Mbombela Local Municipality (MP326)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates1 016 588975 218803 090744 046708 140
Service charges1 945 1261 754 9181 575 6081 549 8921 400 772
Investment revenue12 0729 5909 0803 55912 525
Transfers recognised - operational1 134 8301 068 002963 947913 258995 588
Other own revenue206 844305 546531 832150 396137 061
Total Revenue (excluding capital transfers and contributions)4 315 4604 113 2743 883 5573 361 1503 254 087
Employee costs1 392 2611 328 8901 256 1391 198 4051 147 641
Remuneration of councillors65 91862 59262 78259 93659 256
Depreciation and amortisation361 667564 885557 352553 636540 367
Finance charges174 201149 442168 682115 40685 678
Inventory consumed and bulk purchases1 666 9391 446 5601 201 5891 137 1451 014 291
Transfers and subsidies48 75146 73047 27239 3351 135
Other expenditure1 353 4931 254 0821 257 6201 096 8161 214 271
Total Expenditure5 063 2304 853 1814 551 4354 200 6794 062 640
Surplus/(Deficit)(747 770)(739 906)(667 877)(839 529)(808 553)
Transfers and subsidies - capital (monetary allocations)523 309456 120543 275440 654422 311
Transfers and subsidies - capital (in-kind)29 5483 2127 7975 6632 417
Surplus/(Deficit) after capital transfers & contributions(194 913)(280 574)(116 806)(393 213)(383 826)
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(194 913)(280 574)(116 806)(393 213)(383 826)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure793 761229 598244 001226 328144 201
Transfers recognised - capital460 645162 028153 868163 38589 661
Borrowing-----
Internally generated funds333 11667 57090 13262 94354 540
Total sources of capital funds793 761229 598244 001226 328144 201
FINANCIAL POSITION
Total current assets1 697 8331 364 0161 046 223977 841693 419
Total non current assets8 160 0437 664 8117 688 1617 622 3387 603 021
Total current liabilities3 886 0122 888 5093 458 6123 133 3442 401 971
Total non current liabilities1 815 9401 766 919685 975701 139697 243
Community wealth/Equity4 156 7224 373 3984 589 7974 765 6965 197 226
CASH FLOWS
Net cash from (used) operating377 194(3 371 862)(463 248)(3 018 682)(1 533 370)
Net cash from (used) investing(793 764)(229 667)(244 008)(226 605)1 979
Net cash from (used) financing(1 107)(1 165)9 928--
Cash/cash equivalents at the year end(277 585)(3 397 384)(552 817)(3 182 955)(1 458 372)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure776 375726 966780 3141 367 377486 320
Irregular expenditure44 14481 883204 740152 66650 788
Fruitless & wasteful expenditure142 734114 472136 10983 584-
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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