City of Ekurhuleni Metropolitan Municipality (EKU)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Clean auditFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates5 668 5475 395 4315 200 0654 042 2974 047 575
Service charges22 385 90520 586 15918 403 95318 682 50017 059 582
Investment revenue310 425397 694620 079637 393632 624
Transfers recognised - operational4 745 6994 010 1303 732 2085 047 6404 464 972
Other own revenue3 677 5573 653 7753 583 3841 332 7001 296 348
Total Revenue (excluding capital transfers and contributions)36 788 13234 043 18931 539 68829 742 52927 501 101
Employee costs9 386 6808 449 8477 417 4476 172 4186 338 421
Remuneration of councillors141 225137 936132 700119 944105 696
Depreciation & asset impairment2 714 3442 586 0252 478 4582 115 2852 144 071
Finance charges1 232 555944 493983 370901 847848 639
Materials and bulk purchases17 091 99515 269 96414 341 92014 408 22413 323 007
Transfers and grants608 9171 038 317972 9511 206 6301 096 477
Other expenditure9 259 4609 593 9006 548 7145 426 8013 820 536
Total Expenditure40 435 17438 020 48232 875 56030 351 15027 676 848
Surplus/(Deficit)(3 647 042)(3 977 293)(1 335 871)(608 621)(175 747)
Transfers recognised - capital2 004 6252 053 3812 001 2831 788 4572 147 158
Contributions recognised - capital & contributed assets1 388 8341 144 370992 096--
Surplus/(Deficit) after capital transfers & contributions(253 583)(779 542)1 657 5071 179 8361 971 411
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(253 583)(779 542)1 657 5071 179 8361 971 411
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure5 068 5726 150 8225 739 6284 702 0354 093 865
Transfers recognised - capital2 008 7522 042 0942 003 8771 788 4572 146 263
Public contributions & donationsn/an/an/an/an/a
Borrowing2 262 0822 996 5912 873 2861 300 000-
Internally generated funds797 461934 135-1 613 5781 947 602
Total sources of capital funds5 068 2955 972 8194 877 1634 702 0354 093 865
FINANCIAL POSITION
Total current assets10 367 34510 924 83611 433 91312 283 09014 992 995
Total non current assets63 896 22261 198 86158 301 36353 416 18850 650 310
Total current liabilities14 116 41712 984 20512 131 2048 296 5808 718 839
Total non current liabilities10 585 8599 133 7446 605 8688 254 4899 155 154
Community wealth/Equity49 556 64550 005 74849 382 13549 148 20847 769 312
CASH FLOWS
Net cash from (used) operating-(30 875 824)-2 876 1935 092 414
Net cash from (used) investing(382 154)83 318(2 179 304)(5 239 077)(4 524 965)
Net cash from (used) financing17 49044 369868 84156 645(82 115)
Cash/cash equivalents at the year end3 164 970(27 091 157)3 108 4386 000 8228 307 062
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---67 091
Irregular expendituren/a413 006274 582591 286167 183
Fruitless & wasteful expendituren/a-4 6918 3412 371
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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.