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Ubuntu Local Municipality (NC071)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates23 42017 14921 79320 79121 416
Service charges41 72544 37045 07832 28629 705
Investment revenue2 2191 9002 0141 261501
Transfers recognised - operational65 68560 10767 08355 04745 916
Other own revenue42 49238 52629 84322 37013 534
Total Revenue (excluding capital transfers and contributions)175 542162 052165 811131 755111 072
Employee costs73 39441 39136 50133 96235 299
Remuneration of councillors5 3365 2274 7444 3594 010
Depreciation and amortisation19 74718 194(0)16 12531 469
Finance charges3 6397 21810 6485 7891 266
Inventory consumed and bulk purchases28 52531 72728 16628 33724 543
Transfers and subsidies-----
Other expenditure36 76159 44530 99676 01758 187
Total Expenditure167 401163 201111 055164 590154 774
Surplus/(Deficit)8 140(1 149)54 757(32 835)(43 702)
Transfers and subsidies - capital (monetary allocations)38 25920 68432 74828 79520 269
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions46 40019 53587 504(4 039)(23 433)
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 year46 40019 53587 504(4 039)(23 433)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure26 80238 40728 53035 8320
Transfers recognised - capital26 80238 40728 30923 422-
Borrowing-----
Internally generated funds--2212 9540
Total sources of capital funds26 80238 40728 53026 3760
FINANCIAL POSITION
Total current assets81 52176 98884 63852 20637 885
Total non current assets642 037627 379643 823608 023589 859
Total current liabilities110 772143 895127 338150 700114 556
Total non current liabilities16 88911 57520 03220 03223 855
Community wealth/Equity549 496529 363493 586493 536512 765
CASH FLOWS
Net cash from (used) operating122 726(71)(207 753)1 176 498(14)
Net cash from (used) investing(33 861)--(33 009)-
Net cash from (used) financing-----
Cash/cash equivalents at the year end123 63013 307(189 406)1 149 8001 520
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a13 82832 12524 741440 262
Irregular expendituren/a63 2784 590-14 745
Fruitless & wasteful expendituren/a1 7461 2805 31136 183
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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