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uMngeni Local Municipality (KZN222)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates310 994275 079261 027238 062231 694
Service charges151 922131 002124 865106 251102 909
Investment revenue3 2524 2544 6643 5202 533
Transfers recognised - operational120 997115 956108 514101 039106 605
Other own revenue36 53240 30629 34226 15832 406
Total Revenue (excluding capital transfers and contributions)623 696566 598528 412475 029476 146
Employee costs195 618159 922148 444137 502123 938
Remuneration of councillors12 19712 13111 75310 39710 093
Depreciation and amortisation52 42960 63627 825119 51370 238
Finance charges4 7629 7069 2309 1106 555
Inventory consumed and bulk purchases234 043219 171185 217151 980158 896
Transfers and subsidies1 6541 5981 7791 407654
Other expenditure195 541105 872119 430181 570151 939
Total Expenditure696 244569 036503 678611 479522 313
Surplus/(Deficit)(72 548)(2 438)24 734(136 449)(46 167)
Transfers and subsidies - capital (monetary allocations)70 30250 49451 20249 70321 644
Transfers and subsidies - capital (in-kind)12 8533431 230--
Surplus/(Deficit) after capital transfers & contributions10 60748 39977 166(86 746)(24 524)
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 year10 60748 39977 166(86 746)(24 524)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure104 85628 83444 34543 35033 893
Transfers recognised - capital73 350(996)(44)5 986-
Borrowing-----
Internally generated funds31 6491 564831 163111
Total sources of capital funds104 999567387 150111
FINANCIAL POSITION
Total current assets182 926180 503137 92769 91294 184
Total non current assets1 114 4111 066 8181 076 4181 019 9641 075 772
Total current liabilities163 110133 703109 24575 46978 654
Total non current liabilities113 85195 624135 505122 466115 296
Community wealth/Equity1 020 2931 016 754969 596891 940975 641
CASH FLOWS
Net cash from (used) operating155 552132 416174 507425 874391 406
Net cash from (used) investing(94 275)(79 516)(90 244)(55 345)(30 344)
Net cash from (used) financing---(2 630)(2 457)
Cash/cash equivalents at the year end90 72986 95296 513381 521381 090
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a3 278-100 710283 025
Irregular expendituren/a1 9431 4023 32016 456
Fruitless & wasteful expendituren/a521 78064 621
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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