ADVERTISEMENT

Richmond Local Municipality (KZN227)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aClean auditClean auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates31 89429 40028 87127 11519 285
Service charges9429871 023966923
Investment revenue2 3852 8732 9392 7791 263
Transfers recognised - operational109 308106 71599 86898 78585 161
Other own revenue11 03710 87215 36011 1088 839
Total Revenue (excluding capital transfers and contributions)155 566150 847148 061140 752115 471
Employee costs81 24178 70769 24764 23860 315
Remuneration of councillors7 1316 5226 5496 0515 977
Depreciation and amortisation20 76317 62018 03614 95520 469
Finance charges2 679752851360296
Inventory consumed and bulk purchases3 0033 6784 6947 4374 972
Transfers and subsidies--523556590
Other expenditure68 63459 04070 11161 96349 045
Total Expenditure183 452166 320170 010155 561141 664
Surplus/(Deficit)(27 886)(15 473)(21 950)(14 808)(26 193)
Transfers and subsidies - capital (monetary allocations)18 26423 05622 21320 13426 810
Transfers and subsidies - capital (in-kind)42 543----
Surplus/(Deficit) after capital transfers & contributions32 9217 5832645 326616
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 year32 9217 5832645 326616
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure33 31324 62021 93753 25235 466
Transfers recognised - capital15 83820 05618 44648 70133 658
Borrowing12 395----
Internally generated funds3 4292882 0923 8081 312
Total sources of capital funds31 66220 34420 53752 50934 970
FINANCIAL POSITION
Total current assets26 00932 25125 44431 17040 613
Total non current assets434 732377 667370 952367 942359 148
Total current liabilities24 22423 25621 58726 23028 873
Total non current liabilities38 43120 48116 21014 77018 105
Community wealth/Equity395 761339 631358 599358 115352 280
CASH FLOWS
Net cash from (used) operating107 606246 490236 085248 029269 111
Net cash from (used) investing(20 171)(21 425)(23 167)(28 249)(27 006)
Net cash from (used) financing-(280)---
Cash/cash equivalents at the year end108 065236 655231 660246 683263 147
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a---17 638
Irregular expendituren/a---1 284
Fruitless & wasteful expendituren/a-498619
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