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City of Ekurhuleni Metropolitan Municipality (EKU)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditFinancially unqualifiedFinancially unqualifiedClean audit
FINANCIAL PERFORMANCE
Property rates10 558 3978 839 9188 823 2187 841 0767 805 420
Service charges38 782 14033 822 54631 249 43229 250 66326 389 280
Investment revenue137 185129 206169 512138 912115 665
Transfers recognised - operational6 956 0366 641 1706 287 3295 591 5235 104 776
Other own revenue6 048 1635 477 5165 105 6206 520 8595 369 189
Total Revenue (excluding capital transfers and contributions)62 481 92254 910 35551 635 11149 343 03244 784 330
Employee costs11 623 77911 119 45610 147 80810 079 7099 889 762
Remuneration of councillors169 694161 437158 377146 096145 073
Depreciation and amortisation2 791 6522 835 1632 905 7742 841 5412 747 016
Finance charges1 194 9341 015 5711 463 5101 444 1611 363 094
Inventory consumed and bulk purchases30 380 73726 797 19923 528 61520 766 02319 995 180
Transfers and subsidies954 740884 470649 411601 482540 060
Other expenditure17 646 14514 595 24114 594 67015 115 52811 589 352
Total Expenditure64 761 67957 408 53753 448 16450 994 53946 269 536
Surplus/(Deficit)(2 279 758)(2 498 181)(1 813 053)(1 651 507)(1 485 206)
Transfers and subsidies - capital (monetary allocations)2 539 3522 329 3672 366 7712 201 7012 042 283
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions259 594(168 814)553 718550 194557 077
Income Tax(20 454)(3 941)(11 140)n/an/a
Surplus/(Deficit) after Income Tax280 049(164 873)564 858n/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year280 049(164 873)564 858550 194557 077
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 251 1652 773 4142 753 2093 086 7343 213 381
Transfers recognised - capital2 338 7402 242 2752 236 3432 142 9161 875 977
Borrowing---704 411939 892
Internally generated funds912 424531 139516 866239 408397 512
Total sources of capital funds3 251 1652 773 4142 753 2093 086 7343 213 381
FINANCIAL POSITION
Total current assets19 712 84818 423 53815 177 30412 972 58211 946 113
Total non current assets65 535 59265 232 10265 100 34166 164 90465 524 077
Total current liabilities31 640 00626 350 18122 128 13520 330 56416 864 746
Total non current liabilities4 194 4915 021 6245 826 0606 861 5679 387 140
Community wealth/Equity49 413 99952 283 83652 323 45051 945 35551 218 304
CASH FLOWS
Net cash from (used) operating(19 636 153)(14 319 523)(5 007 407)(2 512 951)(12 890 137)
Net cash from (used) investing(3 294 625)(2 775 136)(1 963 855)(3 151 441)(2 783 638)
Net cash from (used) financing163 882(26 789)(757 257)1 690 9061 000 560
Cash/cash equivalents at the year end(21 090 236)(16 242 405)(6 614 318)(2 898 988)(13 533 945)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a-397 108--
Irregular expendituren/a137 647124 19669 504288 461
Fruitless & wasteful expendituren/a-40775 328135 561
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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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