ADVERTISEMENT

Ngqushwa Local Municipality (EC126)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates22 33722 75121 08324 53025 796
Service charges2 0211 9551 8631 5541 597
Investment revenue3 1825 1496 9255 5692 699
Transfers recognised - operational131 504143 095124 850105 17198 409
Other own revenue12 87413 3397 50811 279(2 810)
Total Revenue (excluding capital transfers and contributions)171 918186 290162 230148 104125 691
Employee costs104 45498 92889 49679 10674 088
Remuneration of councillors11 54210 0079 6299 3288 862
Depreciation and amortisation20 76924 63318 33916 31917 137
Finance charges253474545521815
Inventory consumed and bulk purchases-119---
Transfers and subsidies-----
Other expenditure82 510101 39877 39751 97352 938
Total Expenditure219 528235 559195 406157 246153 841
Surplus/(Deficit)(47 610)(49 269)(33 176)(9 142)(28 150)
Transfers and subsidies - capital (monetary allocations)55 89930 93030 08629 15326 448
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions8 290(18 338)(3 089)20 011(1 702)
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year8 290(18 338)(3 089)20 011(1 702)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure61 988683 886660 217629 983634 221
Transfers recognised - capital6 68520 83016 16112 19823 084
Borrowing-----
Internally generated funds55 303663 040644 056617 78512 445
Total sources of capital funds61 988683 869660 217629 98335 529
FINANCIAL POSITION
Total current assets(8 691)65 72697 878110 16698 001
Total non current assets29 202355 628350 918337 520325 980
Total current liabilities28 37130 02340 07836 54323 528
Total non current liabilities2 03418 58217 71116 56815 893
Community wealth/Equity(18 183)391 086394 095374 566386 262
CASH FLOWS
Net cash from (used) operating(413 383)(1 021 448)(840 925)16 5594 334
Net cash from (used) investing-----
Net cash from (used) financing-----
Cash/cash equivalents at the year end(374 023)(1 021 448)(840 925)16 5594 334
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a3 551---
Irregular expendituren/a1 8123 3843 492327
Fruitless & wasteful expendituren/a4859940412 641
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

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.
ADVERTISEMENT
ADVERTISEMENT