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eThekwini Metropolitan Municipality (ETH)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates14 600 31913 596 76312 859 36411 941 5519 842 739
Service charges32 959 01829 314 42627 439 19023 781 36122 525 368
Investment revenue394 620595 763886 901573 053258 803
Transfers recognised - operational5 824 9845 610 8675 706 9995 046 8794 250 180
Other own revenue9 109 9689 393 5958 650 7147 515 0116 006 158
Total Revenue (excluding capital transfers and contributions)62 888 90858 511 41455 543 16748 857 85442 883 249
Employee costs14 905 52314 137 91813 395 29912 427 94212 328 328
Remuneration of councillors157 642149 291142 140140 630133 912
Depreciation and amortisation3 618 2563 259 4932 842 6852 837 9562 780 135
Finance charges1 094 2321 079 4261 038 242959 709904 113
Inventory consumed and bulk purchases23 014 77621 100 55718 525 99116 245 02914 659 485
Transfers and subsidies434 709484 897575 560682 723509 784
Other expenditure21 666 08321 281 93519 051 77814 088 54213 063 294
Total Expenditure64 891 22261 493 51955 571 69447 382 53244 379 051
Surplus/(Deficit)(2 002 314)(2 982 105)(28 527)1 475 322(1 495 802)
Transfers and subsidies - capital (monetary allocations)3 304 4162 736 1303 763 5733 160 8763 389 857
Transfers and subsidies - capital (in-kind)49 7589 562137 24138 1263 232
Surplus/(Deficit) after capital transfers & contributions1 351 860(236 412)3 872 2874 674 3241 897 286
Income Tax---n/an/a
Surplus/(Deficit) after Income Tax1 351 860(236 412)3 872 287n/an/a
Share of surplus/(deficit) of associate----153 238
Surplus/(Deficit) for the year1 351 860(236 412)3 872 2874 674 3242 050 524
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure9 577 84410 657 62197 435 5214 272 8092 960 436
Transfers recognised - capital3 973 7175 300 65630 997 8072 771 6832 235 541
Borrowing2 917 5752 023 0719 510 0361 114 400952 908
Internally generated funds2 684 2093 324 08256 589 921351 644(228 107)
Total sources of capital funds9 575 50010 647 80997 097 7634 237 7282 960 342
FINANCIAL POSITION
Total current assets3 781 894(5 378 808)23 959 4568 597 205560 063
Total non current assets3 246 8853 558 42362 630 159(1 957 248)578 134
Total current liabilities1 158 106692 95919 814 3261 830 087172 511
Total non current liabilities313 423802 85914 625 7451 418 800(71 601)
Community wealth/Equity5 533 566(3 316 204)52 149 5443 391 0701 037 287
CASH FLOWS
Net cash from (used) operating(308 809)8 842 39117 597 6038 060 96195 201
Net cash from (used) investing(87 009)84 997(1 334 246)3 830 403(219 690)
Net cash from (used) financing25----
Cash/cash equivalents at the year end(395 793)8 927 38816 263 35711 891 364(124 489)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a4 481 9971 612 0152 408 8771 497 679
Fruitless & wasteful expendituren/a67 3536 72357948 316
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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