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Zululand District Municipality (DC26)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates-----
Service charges73 54374 90154 00150 99952 765
Investment revenue8 12915 4587 4333 7053 226
Transfers recognised - operational680 583746 444658 830537 979577 833
Other own revenue5 8109 96910 5211 81728 599
Total Revenue (excluding capital transfers and contributions)768 065846 773730 785594 501662 422
Employee costs343 349315 068286 293263 669241 953
Remuneration of councillors10 53910 3629 2768 6168 489
Depreciation and amortisation120 749114 269100 254101 11984 156
Finance charges18 0918 113553399-
Inventory consumed and bulk purchases57 95045 33251 97822 02334 835
Transfers and subsidies9 0643 5344 68311 29512 891
Other expenditure645 779658 490568 547471 845423 709
Total Expenditure1 205 5211 155 1681 021 583878 966806 034
Surplus/(Deficit)(437 456)(308 396)(290 798)(284 466)(143 612)
Transfers and subsidies - capital (monetary allocations)851 477768 386610 502611 248446 737
Transfers and subsidies - capital (in-kind)89-24 307-
Surplus/(Deficit) after capital transfers & contributions414 029460 000319 704351 089303 125
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year414 029460 000319 704351 089303 125
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure781 494662 543498 342484 853341 658
Transfers recognised - capital732 522660 294492 948471 110337 040
Borrowing48 200-191--
Internally generated funds7721 9635 20313 2584 617
Total sources of capital funds781 494662 257498 342484 367341 658
FINANCIAL POSITION
Total current assets169 179199 465151 903137 483112 550
Total non current assets6 107 4535 529 3325 000 2334 601 3104 189 098
Total current liabilities811 894564 126509 937355 836261 107
Total non current liabilities126 218128 41445 23142 11233 042
Community wealth/Equity5 644 5245 047 1514 597 9824 340 8443 733 949
CASH FLOWS
Net cash from (used) operating2 817 0512 937 6441 831 000434 211725 587
Net cash from (used) investing(780 983)(661 863)(496 567)(484 853)(341 658)
Net cash from (used) financing(18 304)89 484(1 533)--
Cash/cash equivalents at the year end2 074 8342 392 6921 353 367(30 583)396 220
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure243 304233 746233 980127 448127 661
Irregular expenditure214 625159 29494 84458 99017 918
Fruitless & wasteful expenditure52 0903 2481 047304363
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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