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Zululand District Municipality (DC26)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges74 90154 00150 99952 76537 712
Investment revenue15 4587 4333 7053 2264 760
Transfers recognised - operational746 444658 830537 979577 833485 800
Other own revenue9 96910 5211 81728 5991 236
Total Revenue (excluding capital transfers and contributions)846 773730 785594 501662 422529 507
Employee costs315 050286 176263 669241 953219 973
Remuneration of councillors10 3629 2768 6168 4898 372
Depreciation and amortisation115 013100 249101 11984 15677 826
Finance charges8 113553399--
Inventory consumed and bulk purchases45 33051 97822 02334 83531 761
Transfers and subsidies3 5344 68311 29512 8916 292
Other expenditure646 873537 668471 845423 709356 630
Total Expenditure1 144 275990 582878 966806 034700 854
Surplus/(Deficit)(297 503)(259 797)(284 466)(143 612)(171 347)
Transfers and subsidies - capital (monetary allocations)768 386610 502611 248446 737491 852
Transfers and subsidies - capital (in-kind)9-24 307-8 360
Surplus/(Deficit) after capital transfers & contributions470 893350 705351 089303 125328 865
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year470 893350 705351 089303 125328 865
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure662 543497 942484 853341 658418 865
Transfers recognised - capital660 294492 948471 110337 040415 596
Borrowing-191---
Internally generated funds1 9634 80313 2584 6173 269
Total sources of capital funds662 257497 942484 367341 658418 865
FINANCIAL POSITION
Total current assets197 536173 285137 483112 55088 332
Total non current assets5 526 4394 999 8384 601 3104 189 0983 937 998
Total current liabilities547 789500 466355 836261 107245 841
Total non current liabilities128 41444 68942 11233 04265 053
Community wealth/Equity5 047 7724 707 9864 340 8443 733 9493 514 930
CASH FLOWS
Net cash from (used) operating2 937 6721 822 774434 211725 587-
Net cash from (used) investing(661 863)(496 168)(484 853)(341 658)-
Net cash from (used) financing89 484(1 090)---
Cash/cash equivalents at the year end2 392 7201 345 984(30 583)396 22012 478
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure233 746233 980127 448127 661-
Irregular expenditure159 29494 84458 99017 918187 177
Fruitless & wasteful expenditure3 2481 04730436374
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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