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Buffalo City Metropolitan Municipality (BUF)

Financial Results

All values: R'0002023/242022/232021/222020/212019/20
AUDIT OUTCOME Qualified auditQualified auditFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates2 127 6341 791 3701 733 9141 589 4151 467 400
Service charges4 332 5733 766 3154 312 9933 937 3453 260 941
Investment revenue51 56547 66033 08641 28970 650
Transfers recognised - operational1 307 6361 192 8151 099 2551 921 555987 005
Other own revenue1 459 7571 254 5611 069 938395 202921 868
Total Revenue (excluding capital transfers and contributions)9 279 1658 052 7218 249 1867 884 8076 707 864
Employee costs2 735 2712 475 6132 536 4032 501 1932 206 010
Remuneration of councillors68 96766 74964 68363 81364 687
Depreciation and amortisation1 803 7301 846 0541 569 7971 401 9691 710 062
Finance charges46 18416 07520 68425 75732 564
Inventory consumed and bulk purchases2 588 2732 256 2052 293 2101 959 8221 868 140
Transfers and subsidies131 646137 495127 299104 912131 019
Other expenditure2 869 2032 312 4452 589 0202 219 5221 817 961
Total Expenditure10 243 2759 110 6369 201 0968 276 9887 830 443
Surplus/(Deficit)(964 109)(1 057 916)(951 910)(392 181)(1 122 579)
Transfers and subsidies - capital (monetary allocations)853 344744 644687 0651 070 9731 010 413
Transfers and subsidies - capital (in-kind)-4 1602 29410 03613 811
Surplus/(Deficit) after capital transfers & contributions(110 765)(309 111)(262 551)688 828(98 355)
Share of surplus/(deficit) of associate44 07144 254--(105 406)
Surplus/(Deficit) for the year(66 693)(264 857)(262 551)688 828(203 761)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 116 7261 425 9461 408 5151 591 3521 549 342
Transfers recognised - capital770 135696 267624 388970 986904 051
Borrowing--11 7273 079-
Internally generated funds346 590729 679772 324617 287645 241
Total sources of capital funds1 116 7261 425 9461 408 4391 591 3521 549 292
FINANCIAL POSITION
Total current assets12 512 43911 194 27410 217 2129 662 9668 629 993
Total non current assets26 241 31626 076 17725 670 88122 692 27220 426 201
Total current liabilities11 011 65810 171 1378 865 3998 116 9847 574 225
Total non current liabilities940 157951 9981 143 9331 072 361933 086
Community wealth/Equity26 420 50626 147 31425 878 76223 165 89320 548 894
CASH FLOWS
Net cash from (used) operating3 415 6794 916 9064 248 3264 317 844(2 767)
Net cash from (used) investing(1 114 327)(1 425 944)(1 407 092)(1 586 520)-
Net cash from (used) financing(30 246)(49 141)(45 191)(54 396)-
Cash/cash equivalents at the year end2 951 0814 139 2783 941 4514 050 6391 168 865
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expenditure403 496-163 702-17 650
Irregular expenditure1 317 7401 713 3126 523 479311 223302 138
Fruitless & wasteful expenditure6935410 732--
SOURCEAudited Outcome
C1 2025 Q1
Audited Outcome
A1 2024
Audited Outcome
A1 2024
Audited Outcome
A1 2023
Audited Outcome
A1 2022

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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