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Mpofana Local Municipality (KZN223)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates14 83117 17317 24216 20518 615
Service charges67 95259 49447 51454 33969 273
Investment revenue389559572534347
Transfers recognised - operational57 73461 36792 60153 29045 555
Other own revenue12 49811 62046 26545 60122 115
Total Revenue (excluding capital transfers and contributions)153 403150 212204 193169 969155 906
Employee costs74 05071 21164 63260 23054 901
Remuneration of councillors6 7423 5373 0563 1133 020
Depreciation and amortisation8 96114 91814 81418 10417 976
Finance charges36 54123 45928 92632 06917 627
Inventory consumed and bulk purchases79 65290 88792 71489 27697 523
Transfers and subsidies14364-597-
Other expenditure39 74666 56997 624118 95261 381
Total Expenditure245 835270 645301 766322 342252 429
Surplus/(Deficit)(92 432)(120 433)(97 573)(152 373)(96 523)
Transfers and subsidies - capital (monetary allocations)16 23828 14920 06310 55217 463
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(76 194)(92 284)(77 510)(141 821)(79 060)
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 year(76 194)(92 284)(77 510)(141 821)(79 060)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure12 46417 85824 17511 92818 592
Transfers recognised - capital9 57015 61123 3408 91517 463
Borrowing-----
Internally generated funds3 4752 8286013001 129
Total sources of capital funds13 04518 43923 9419 21618 592
FINANCIAL POSITION
Total current assets271 642248 635215 061190 659118 510
Total non current assets218 886217 531222 036219 156217 406
Total current liabilities857 962758 670636 833541 980382 588
Total non current liabilities94 84094 84095 32483 95129 942
Community wealth/Equity(386 079)(295 060)(217 550)(74 295)(76 615)
CASH FLOWS
Net cash from (used) operating237 486963 108495 186426 55523 456
Net cash from (used) investing----(19 560)
Net cash from (used) financing----(4 012)
Cash/cash equivalents at the year end245 922965 355495 993427 3053 519
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a47 24785 72576 039271 652
Irregular expendituren/a26 34538 93632 79238 157
Fruitless & wasteful expendituren/a23 62529 84232 649871
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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