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uMfolozi Local Municipality (KZN281)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates42 61044 48343 26527 09925 635
Service charges723757698669667
Investment revenue5 6495 8644 5953 8452 195
Transfers recognised - operational193 161198 576189 349172 755155 188
Other own revenue4 1635 2164 1204 1883 032
Total Revenue (excluding capital transfers and contributions)246 306254 896242 028208 555186 716
Employee costs103 70790 01585 13576 69073 117
Remuneration of councillors15 28314 68314 57613 25712 197
Depreciation and amortisation35 01838 17929 56634 55033 194
Finance charges425445518611488
Inventory consumed and bulk purchases1 5511 5442 2112 1271 793
Transfers and subsidies3 3922 2375 3864 603823
Other expenditure124 810116 132121 076104 880107 978
Total Expenditure284 185263 236258 469236 718229 591
Surplus/(Deficit)(37 879)(8 340)(16 441)(28 162)(42 875)
Transfers and subsidies - capital (monetary allocations)45 69540 31032 29939 19854 019
Transfers and subsidies - capital (in-kind)---2 032-
Surplus/(Deficit) after capital transfers & contributions7 81531 97115 85813 06811 144
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 year7 81531 97115 85813 06811 144
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure(2 136)24 423593 960551 938510 936
Transfers recognised - capital(6 473)22 10814 03058 89455 105
Borrowing-----
Internally generated funds4 3382 315578 381491 495453 937
Total sources of capital funds(2 136)24 423592 411550 389509 042
FINANCIAL POSITION
Total current assets104 48193 74655 44750 80947 629
Total non current assets421 890409 434409 390396 458389 391
Total current liabilities51 97836 76727 23926 40524 213
Total non current liabilities3 8624 0157 1706 8726 895
Community wealth/Equity462 717430 428414 571400 922383 624
CASH FLOWS
Net cash from (used) operating30 609372 964308 73515 774(408)
Net cash from (used) investing-----
Net cash from (used) financing-(1 224)(3 409)(2 447)(1 224)
Cash/cash equivalents at the year end76 289391 879305 32813 329(1 630)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a9 08639 02542 978148 544
Irregular expendituren/a36 11871 17134 49553 670
Fruitless & wasteful expendituren/a13634401 936
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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