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Umuziwabantu Local Municipality (KZN214)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates30 76228 44725 26225 16720 043
Service charges60 42254 59040 92136 30141 063
Investment revenue4 8586 4998 6877 9395 773
Transfers recognised - operational130 713128 706122 087115 419108 314
Other own revenue14 7874 4847 72420 88110 654
Total Revenue (excluding capital transfers and contributions)241 541222 727204 680205 706185 847
Employee costs99 40687 75283 38181 37175 869
Remuneration of councillors10 87710 42610 4119 3158 196
Depreciation and amortisation19 53126 89535 15524 60821 137
Finance charges2 2187981 371426558
Inventory consumed and bulk purchases65 63059 58749 67442 32841 685
Transfers and subsidies4 9274 7951 4061 4753 403
Other expenditure71 91176 124106 30785 72264 314
Total Expenditure274 501266 376287 705245 245215 163
Surplus/(Deficit)(32 960)(43 649)(83 025)(39 538)(29 316)
Transfers and subsidies - capital (monetary allocations)39 67427 54938 12526 55832 464
Transfers and subsidies - capital (in-kind)77----
Surplus/(Deficit) after capital transfers & contributions6 792(16 101)(44 900)(12 980)3 148
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate----(1 440)
Surplus/(Deficit) for the year6 792(16 101)(44 900)(12 980)1 708
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure32 738(2 224)26 14442 79261 267
Transfers recognised - capital23 927(4 287)27 99515 49431 205
Borrowing-----
Internally generated funds10 8772 0635 37015 0296 685
Total sources of capital funds34 804(2 224)33 36530 52337 890
FINANCIAL POSITION
Total current assets210 473191 100182 566215 005224 953
Total non current assets458 244434 096436 694442 699426 109
Total current liabilities187 245159 222139 911133 701111 050
Total non current liabilities41 87035 09531 98429 92033 911
Community wealth/Equity439 465430 878447 365494 082506 101
CASH FLOWS
Net cash from (used) operating28 36419 45312 661(6 997)7 124
Net cash from (used) investing(36 471)(26 970)(41 723)(44 563)(44 366)
Net cash from (used) financing-----
Cash/cash equivalents at the year end36 93547 96268 55172 80873 763
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---9
Irregular expendituren/a14 1325 5385 80813 251
Fruitless & wasteful expendituren/a434998239
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.
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