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Buffalo City Metropolitan Municipality (BUF)

Financial Results

All values: R'0002024/252023/242022/232021/222020/21
AUDIT OUTCOME Qualified auditQualified auditQualified auditFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates2 169 0152 127 6341 791 3701 733 9141 589 415
Service charges4 994 1554 333 8293 766 3154 312 9933 937 345
Investment revenue72 21551 63047 66033 08641 289
Transfers recognised - operational1 482 1491 382 8761 192 8151 099 2551 921 555
Other own revenue1 561 5771 457 4541 254 5611 069 938395 202
Total Revenue (excluding capital transfers and contributions)10 279 1119 353 4228 052 7218 249 1867 884 807
Employee costs2 787 5212 703 2012 475 6132 536 4032 501 193
Remuneration of councillors70 37368 96766 74964 68363 813
Depreciation and amortisation2 362 8531 944 4811 846 0541 569 7971 401 969
Finance charges44 44946 21116 07520 68425 757
Inventory consumed and bulk purchases2 983 7982 589 3192 256 2052 293 2101 959 822
Transfers and subsidies102 451131 531137 495127 299104 912
Other expenditure3 783 7613 287 7712 312 4452 589 0202 219 522
Total Expenditure12 135 20410 771 4819 110 6369 201 0968 276 988
Surplus/(Deficit)(1 856 094)(1 418 058)(1 057 916)(951 910)(392 181)
Transfers and subsidies - capital (monetary allocations)773 040855 178744 644687 0651 070 973
Transfers and subsidies - capital (in-kind)5 66622 4094 1602 29410 036
Surplus/(Deficit) after capital transfers & contributions(1 077 387)(540 471)(309 111)(262 551)688 828
Share of surplus/(deficit) of associate1 976(40 750)20 143--
Surplus/(Deficit) for the year(1 075 412)(581 222)(288 968)(262 551)688 828
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 194 7981 110 1641 425 9461 408 5151 591 352
Transfers recognised - capital702 486763 360696 267624 388970 986
Borrowing---11 7273 079
Internally generated funds492 312346 805729 679772 324617 287
Total sources of capital funds1 194 7981 110 1641 425 9461 408 4391 591 352
FINANCIAL POSITION
Total current assets13 548 21612 514 20511 194 27410 217 2129 662 966
Total non current assets42 430 56231 714 70926 076 17725 670 88122 692 272
Total current liabilities11 697 17610 993 17310 171 1378 865 3998 116 984
Total non current liabilities1 325 199961 557951 9981 143 9331 072 361
Community wealth/Equity45 618 34832 274 18526 147 31425 878 76223 165 893
CASH FLOWS
Net cash from (used) operating5 742 9593 393 1464 913 5514 248 3264 317 844
Net cash from (used) investing(1 176 149)(1 110 048)(1 425 944)(1 407 092)(1 586 520)
Net cash from (used) financing(30 346)(30 246)(49 141)(45 191)(54 396)
Cash/cash equivalents at the year end5 257 4512 932 8264 135 9243 941 4514 050 639
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure646 823403 496-163 702-
Irregular expenditure1 139 6431 317 7401 713 3126 523 479311 223
Fruitless & wasteful expenditure5 6236935410 732-
SOURCEAudited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2023

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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