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ZF Mgcawu District Municipality (DC8)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedClean auditClean auditClean audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges-----
Investment revenue1 7101 7461 234699562
Transfers recognised - operational89 63388 02485 21282 84780 138
Other own revenue7361 9504 5681 002389
Total Revenue (excluding capital transfers and contributions)92 07891 72091 01484 54781 089
Employee costs65 08262 60259 71157 41860 173
Remuneration of councillors5 5495 4015 2714 6543 975
Depreciation and amortisation1 3501 1901 2631 043786
Finance charges4 2103 9584 24751348
Inventory consumed and bulk purchases696517400634459
Transfers and subsidies499491911304594
Other expenditure19 52020 62917 42317 70014 729
Total Expenditure96 90794 78989 22682 26680 763
Surplus/(Deficit)(4 828)(3 069)1 7882 281325
Transfers and subsidies - capital (monetary allocations)1163771 190--
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(4 712)(2 692)2 9782 281325
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(4 712)(2 692)2 9782 281325
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 5571 3401 5502 164841
Transfers recognised - capital1163371 19048290
Borrowing827----
Internally generated funds6131 00417831721
Total sources of capital funds1 5571 3401 368513811
FINANCIAL POSITION
Total current assets1 1261 7572 5252 9783 680
Total non current assets24 11523 50422 87522 09120 510
Total current liabilities12 05610 25810 62611 59613 034
Total non current liabilities36 90433 73231 23732 84432 819
Community wealth/Equity(23 719)(18 877)(16 463)(19 350)(21 989)
CASH FLOWS
Net cash from (used) operating86 55450 96872 21170 60225 435
Net cash from (used) investing(1 326)(2 141)(2 030)(956)4
Net cash from (used) financing(8)(371)---
Cash/cash equivalents at the year end85 67150 16272 30771 92726 461
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-----
Irregular expenditure28099252 2043 041
Fruitless & wasteful expenditure-119249523
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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