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Nquthu Local Municipality (KZN242)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedQualified audit
FINANCIAL PERFORMANCE
Property rates61 80157 45051 45236 64545 635
Service charges38 74834 53928 96523 57225 105
Investment revenue6 9808 90710 99710 3496 957
Transfers recognised - operational212 139215 489186 803177 394161 585
Other own revenue11 91218 42425 8406 9709 887
Total Revenue (excluding capital transfers and contributions)331 579334 809304 057254 929249 169
Employee costs119 668112 281100 57087 29688 885
Remuneration of councillors15 70215 73114 04613 46213 085
Depreciation and amortisation44 30440 32936 02230 72225 428
Finance charges195199--378
Inventory consumed and bulk purchases46 14546 14933 34132 83531 175
Transfers and subsidies2 5774 3283 9854 4539 053
Other expenditure131 949119 176114 637115 932139 168
Total Expenditure360 541338 192302 602284 700307 173
Surplus/(Deficit)(28 962)(3 383)1 455(29 771)(58 004)
Transfers and subsidies - capital (monetary allocations)37 96153 26984 78141 02661 964
Transfers and subsidies - capital (in-kind)---2 005-
Surplus/(Deficit) after capital transfers & contributions8 99949 88586 23513 2613 960
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 year8 99949 88586 23513 2613 960
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure28 964(8 810)(56 013)(59 168)103 502
Transfers recognised - capital(11 835)16 90811 923(17 159)25 775
Borrowing-----
Internally generated funds40 798(25 717)(67 936)(42 009)60 104
Total sources of capital funds28 964(8 810)(56 013)(59 168)85 879
FINANCIAL POSITION
Total current assets73 900151 764138 957177 933162 891
Total non current assets862 066782 347770 347663 323630 434
Total current liabilities86 46372 13897 860115 37868 526
Total non current liabilities2 3541 5088753 3632 779
Community wealth/Equity838 150810 579724 334709 254718 058
CASH FLOWS
Net cash from (used) operating(40 788)(7 283)2 016 687(6 145)1 748 499
Net cash from (used) investing--143 9349 784(857)
Net cash from (used) financing-----
Cash/cash equivalents at the year end33 44285 2502 269 445134 1341 945 862
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a5 6707 40910 58924 953
Irregular expendituren/a120 068154 22596 627121 079
Fruitless & wasteful expendituren/a4237022072
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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