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Msunduzi Local Municipality (KZN225)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates1 716 8091 696 6651 359 0871 370 1731 212 773
Service charges5 582 9344 968 6774 086 7623 870 4973 846 305
Investment revenue49 36633 90244 11816 95710 445
Transfers recognised - operational1 018 539982 981824 545801 751681 678
Other own revenue812 143711 542613 025367 682365 182
Total Revenue (excluding capital transfers and contributions)9 179 7918 393 7676 927 5376 427 0616 116 383
Employee costs1 792 2541 686 4321 612 9181 466 8561 468 961
Remuneration of councillors60 23958 38263 54251 81849 439
Depreciation and amortisation322 845335 237361 848350 684372 611
Finance charges280 967118 42086 051150 81433 596
Inventory consumed and bulk purchases4 442 0834 229 2483 592 0593 089 7373 034 515
Transfers and subsidies19 47918 38625 24029 56232 413
Other expenditure2 406 6622 456 4672 292 4571 086 2311 730 834
Total Expenditure9 324 5288 902 5748 034 1166 225 7026 722 368
Surplus/(Deficit)(144 737)(508 807)(1 106 579)201 359(605 986)
Transfers and subsidies - capital (monetary allocations)322 561388 201427 923324 319368 725
Transfers and subsidies - capital (in-kind)143746199260
Surplus/(Deficit) after capital transfers & contributions177 966(119 859)(678 457)525 680(237 201)
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 year177 966(119 859)(678 457)525 680(237 201)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure175 38115 206 429882 088552 51412 565 964
Transfers recognised - capital---323 914-
Borrowing-----
Internally generated funds-15 206 429819 701228 600-
Total sources of capital funds-15 206 429819 701552 514-
FINANCIAL POSITION
Total current assets3 484 9002 846 3072 297 4354 168 8893 301 660
Total non current assets9 271 4359 003 6358 604 4308 924 7508 206 003
Total current liabilities3 681 3073 048 2774 104 1883 885 7902 718 511
Total non current liabilities2 188 6172 096 226733 130658 474775 015
Community wealth/Equity6 708 4456 825 2986 743 0048 023 6958 251 338
CASH FLOWS
Net cash from (used) operating-(2 163 353)-790 678-
Net cash from (used) investing---(498 681)-
Net cash from (used) financing---(79 163)-
Cash/cash equivalents at the year end635 848(2 023 238)366 360695 26756 302
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---1 666 547
Irregular expendituren/a68 74114 06559 889180 141
Fruitless & wasteful expendituren/a160 19544 892153 18217 719
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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