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uMsinga Local Municipality (KZN244)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedClean auditFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates34 62917 31626 95033 42819 491
Service charges1 6531 1801 0391 4980
Investment revenue12 19212 66511 5947 1684 762
Transfers recognised - operational248 391254 804257 708320 747182 049
Other own revenue5 3492 52364 4023 9381 112
Total Revenue (excluding capital transfers and contributions)302 214288 487361 693366 781207 415
Employee costs111 364120 430100 56291 34178 668
Remuneration of councillors18 8482 81319 60618 55815 941
Depreciation and amortisation37 28543136 52639 84032 646
Finance charges-----
Inventory consumed and bulk purchases2 7636998 9796 80727 197
Transfers and subsidies1287---
Other expenditure147 276147 075192 750133 614109 439
Total Expenditure317 547271 534358 422290 160263 891
Surplus/(Deficit)(15 333)16 9533 27076 621(56 477)
Transfers and subsidies - capital (monetary allocations)63 69159 83353 15359 41456 103
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions48 35876 78556 423136 035(373)
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 year48 35876 78556 423136 035(373)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure119 86859 16965 63560 500(177 891)
Transfers recognised - capital28 40519 48751 15736 653155 939
Borrowing-----
Internally generated funds(2 989)11 50713 76823 53318 442
Total sources of capital funds25 41630 99464 92560 187174 381
FINANCIAL POSITION
Total current assets70 067188 963189 156178 65394 801
Total non current assets431 685320 300239 779(30 468)251 329
Total current liabilities40 43333 17031 02811 60937 432
Total non current liabilities13 88810 6989 2985476 993
Community wealth/Equity494 670465 780388 610(7)555 851
CASH FLOWS
Net cash from (used) operating317 988262 706606 534520 343500 164
Net cash from (used) investing(87 289)(85 673)(121 900)(144 048)(63 539)
Net cash from (used) financing-----
Cash/cash equivalents at the year end362 209253 603536 833372 650501 386
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a--6 75931 987
Irregular expendituren/a-12 07424 5327 225
Fruitless & wasteful expendituren/a1 007-30141
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
C1 2023 Q1

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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