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eThekwini Metropolitan Municipality (ETH)

Financial Results

All values: R'0002020/212019/202018/192017/182016/17
AUDIT OUTCOME Financially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates9 239 4228 685 2248 321 4257 673 3496 570 118
Service charges21 035 84319 772 39517 906 73017 180 13716 534 905
Investment revenue236 137507 384600 705598 038664 334
Transfers recognised - operational4 500 4484 099 4015 815 6145 333 7302 716 460
Other own revenue4 348 5955 003 9312 198 7442 274 1404 085 356
Total Revenue (excluding capital transfers and contributions)39 360 44538 068 33534 843 21833 059 39430 571 173
Employee costs12 625 52111 205 49310 475 36210 081 9338 860 255
Remuneration of councillors127 770130 833126 495119 344110 934
Depreciation & asset impairment2 707 1942 696 3902 418 6382 361 9532 188 667
Finance charges824 252904 587857 834852 320897 959
Materials and bulk purchases15 349 79614 401 16512 587 19911 414 36710 232 765
Transfers and grants525 943587 331461 311397 901282 815
Other expenditure9 043 53110 755 3346 962 9176 429 4578 768 169
Total Expenditure41 204 00740 681 13535 094 07933 734 01031 341 563
Surplus/(Deficit)(1 843 562)(2 612 799)(250 861)(674 616)(770 391)
Transfers recognised - capital2 812 7833 026 0952 403 7012 640 4552 968 039
Contributions recognised - capital & contributed assets5 1163 842n/an/a-
Surplus/(Deficit) after capital transfers & contributions974 336417 1382 152 8401 965 8392 197 648
Share of surplus/(deficit) of associate(12 383)9 478n/an/a-
Surplus/(Deficit) for the year961 954426 6162 149 1411 965 4042 197 648
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure3 921 0374 460 9034 951 4964 791 1595 466 428
Transfers recognised - capital2 350 0491 841 2642 403 7012 640 4552 968 039
Public contributions & donationsn/an/an/an/an/a
Borrowing743 175223 9872 206 264184 689171 914
Internally generated funds829 500(1 772)341 5311 966 0152 326 475
Total sources of capital funds3 922 7252 063 4794 951 4964 791 1595 466 428
FINANCIAL POSITION
Total current assets1 527 588(2 064 740)16 319 06414 271 51814 315 463
Total non current assets1 329 1521 893 95652 768 69250 327 87948 301 228
Total current liabilities1 358 035649 96113 377 76711 808 54111 300 859
Total non current liabilities1 454 462(1 178 664)12 951 64711 943 58112 197 749
Community wealth/Equity44 243362 76842 758 34240 847 27539 118 083
CASH FLOWS
Net cash from (used) operating--4 371 2065 175 7915 119 974
Net cash from (used) investing58 490(86 658)(5 090 964)(4 701 407)(5 338 579)
Net cash from (used) financing(57 944)111 7991 258 815(674 885)(400 374)
Cash/cash equivalents at the year end54625 1416 925 9066 386 7076 597 350
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure-1 778 772---
Irregular expenditure770 3241 072 0272 341 357732 563513 726
Fruitless & wasteful expenditure9 5735 1074 06429 496-
SOURCEAudited Outcome
C1 2022 Q1
Audited Outcome
A1 2021
Audited Outcome
Annual Report 2019
Audited Outcome
Annual Report 2018
Audited Outcome
A1 2020

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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