Buffalo City Metropolitan Municipality (BUF)

Financial Results

All values: R'0002019/202018/192017/182016/172015/16
AUDIT OUTCOME Qualified auditQualified auditQualified auditFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates1 467 4001 295 503972 423858 852872 354
Service charges3 260 9412 867 9002 723 6082 568 6932 715 150
Investment revenue70 65098 690126 690148 011154 706
Transfers recognised - operational987 005921 187888 5721 304 8271 334 131
Other own revenue921 868857 432813 703397 363416 243
Total Revenue (excluding capital transfers and contributions)6 707 8646 040 7125 524 9975 277 7475 492 584
Employee costs2 204 3752 049 3721 839 2511 627 3831 411 212
Remuneration of councillors64 68762 31659 47355 48253 845
Depreciation & asset impairment1 710 0621 299 117992 860807 459857 419
Finance charges32 56438 46743 96049 35963 335
Materials and bulk purchases1 868 1401 716 0361 636 1071 558 5141 426 744
Transfers and grants131 01991 70362 47143 173240 922
Other expenditure1 819 5961 620 7701 471 3931 446 2461 464 472
Total Expenditure7 830 4436 877 7806 105 5155 587 6175 517 949
Surplus/(Deficit)(1 122 579)(837 068)(580 518)(309 870)(25 364)
Transfers recognised - capital1 010 413997 754930 359669 780670 394
Contributions recognised - capital & contributed assets13 811280 2753 623--
Surplus/(Deficit) after capital transfers & contributions(98 355)440 961353 463359 911645 030
Share of surplus/(deficit) of associate(105 406)----
Surplus/(Deficit) for the year(203 761)440 961353 463359 911645 030
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 549 342258 396115 7401 283 9561 184 089
Transfers recognised - capital904 05187 70881672 954673 762
Public contributions & donationsn/an/an/an/an/a
Borrowing-----
Internally generated funds645 241162 531-611 002510 327
Total sources of capital funds1 549 292250 239811 283 9561 184 089
FINANCIAL POSITION
Total current assets8 629 9937 312 2947 209 2142 995 9903 665 738
Total non current assets20 426 20120 813 81218 805 81916 267 77413 633 832
Total current liabilities7 573 3466 217 4415 614 3951 310 0001 588 602
Total non current liabilities933 9651 021 515872 357915 192944 139
Community wealth/Equity20 548 89420 892 51219 174 25917 038 57114 766 828
CASH FLOWS
Net cash from (used) operating(2 767)(5 145 277)-591 5241 394 471
Net cash from (used) investing---(1 224 613)(1 169 766)
Net cash from (used) financing(6 282)10 63460 852(50 709)(49 602)
Cash/cash equivalents at the year end1 162 583(3 312 313)1 747 5261 690 1022 373 900
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a42 977160 45995 87621 986
Irregular expendituren/a132 543213 321583 585370 239
Fruitless & wasteful expendituren/a12 3794909171
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.