eThekwini Metropolitan Municipality (ETH)

Part of Vulamehlo Local Municipality was merged into eThekwini Metropolitan Municipality on 3 August 2016. Financial, Employment and Service Delivery information prior to the 2016/17 financial year only includes figures for eThekwini Metropolitan Municipality. View historical information for Vulamehlo Local Municipality.

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates(170 071)(75 100)(66 184)6 570 1186 219 986
Service charges(224 923)--16 534 90515 417 021
Investment revenue16 318--664 334540 599
Transfers recognised - operational429 792(12 194)36 0962 716 4602 439 256
Other own revenue378 460990(33)4 085 3564 425 878
Total Revenue (excluding capital transfers and contributions)429 577(86 305)(30 121)30 571 17329 042 740
Employee costs130 05214 20841 6978 860 2558 251 752
Remuneration of councillors3 745--110 934105 334
Depreciation & asset impairment335 774106 40283 1272 188 6671 972 414
Finance charges31 690--897 959968 805
Materials and bulk purchases372 0393 571210 232 7659 515 942
Transfers and grants(12 627)620(18 400)282 815208 921
Other expenditure2 902 165(47 432)(139 061)8 768 1697 090 380
Total Expenditure3 762 83877 370(32 635)31 341 56328 113 549
Surplus/(Deficit)(3 333 261)(163 674)2 514(770 391)929 192
Transfers recognised - capital1 397 885-(2 514)2 968 0393 331 031
Contributions recognised - capital & contributed assets29212 001---
Surplus/(Deficit) after capital transfers & contributions(1 935 084)(151 673)(0)2 197 6484 260 223
Share of surplus/(deficit) of associate9 478----
Surplus/(Deficit) for the year(1 925 606)(151 673)(0)2 197 6484 260 223
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure502 672(3 185)(55 091)5 466 4284 902 924
Transfers recognised - capital490 551(32)(33 518)2 968 0393 331 031
Public contributions & donationsn/an/an/an/an/a
Borrowing(56 302)(4 885)(458)171 914-
Internally generated funds---2 326 4751 571 893
Total sources of capital funds434 250(4 918)(33 975)5 466 4284 902 924
FINANCIAL POSITION
Total current assets(57 285)666 697(81 171)14 315 46315 059 946
Total non current assets404 999(174 167)(130 722)48 301 22845 079 185
Total current liabilities2 601 521482 57561911 300 85911 448 109
Total non current liabilities(281 615)-41 69712 197 74911 990 573
Community wealth/Equity(766 144)12 138(254 209)39 118 08336 700 449
CASH FLOWS
Net cash from (used) operating-(42 319)-5 119 9747 037 273
Net cash from (used) investing(222 904)(0)-(5 338 579)(4 891 549)
Net cash from (used) financing4 350--(400 374)(1 096 160)
Cash/cash equivalents at the year end(218 555)(42 319)-6 597 3507 216 329
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a2 341 357732 563513 726208 318
Fruitless & wasteful expendituren/a4 06429 496--
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020Audited Outcome - A1 2019

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