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AbaQulusi Local Municipality (KZN263)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates155 716138 259118 18699 002102 034
Service charges387 378386 385362 890315 533309 397
Investment revenue3 2542 7532 4841 7041 265
Transfers recognised - operational255 868229 989214 439215 280190 884
Other own revenue149 047115 80359 43573 07557 061
Total Revenue (excluding capital transfers and contributions)951 263873 189757 433704 594660 641
Employee costs240 786221 563202 059180 462171 594
Remuneration of councillors20 27418 60917 74417 26517 865
Depreciation and amortisation104 891112 604130 660133 437119 363
Finance charges46 94431 70120 9605 475255
Inventory consumed and bulk purchases416 628391 686323 545262 392268 105
Transfers and subsidies-2 811---
Other expenditure393 214305 097311 864265 987262 387
Total Expenditure1 222 7381 084 0711 006 832865 018839 570
Surplus/(Deficit)(271 476)(210 882)(249 399)(160 424)(178 929)
Transfers and subsidies - capital (monetary allocations)58 52955 82664 69543 99032 308
Transfers and subsidies - capital (in-kind)310235 045620-
Surplus/(Deficit) after capital transfers & contributions(212 637)(155 033)(179 658)(115 814)(146 621)
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 year(212 637)(155 033)(179 658)(115 814)(146 621)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure100 06559 210101 68256 25242 630
Transfers recognised - capital81 61050 79050 27931 54035 276
Borrowing-----
Internally generated funds18 4557 33131 81727 5555 979
Total sources of capital funds100 06558 12082 09759 09541 255
FINANCIAL POSITION
Total current assets706 954614 451477 980419 811300 357
Total non current assets976 571985 0791 035 2451 044 1481 182 399
Total current liabilities771 974746 328565 547423 923347 877
Total non current liabilities473 864204 479143 92399 32392 952
Community wealth/Equity437 686648 723803 756940 7141 057 549
CASH FLOWS
Net cash from (used) operating94 075(832)254 395203 924198 328
Net cash from (used) investing(90 143)(60 061)(66 282)(50 146)(38 871)
Net cash from (used) financing-1 0384 8652 837-
Cash/cash equivalents at the year end29 977(41 723)213 918185 640184 636
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a172 440310 681233 924486 582
Irregular expendituren/a265 304125 586150 43058 244
Fruitless & wasteful expendituren/a25 0999 8602 38824 661
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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