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Enoch Mgijima Local Municipality (EC139)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates287 242170 018146 537149 367136 905
Service charges448 468401 168350 368330 117329 134
Investment revenue8 2568 7396 8064 6913 652
Transfers recognised - operational259 339328 133359 605275 767274 165
Other own revenue243 192152 597202 683106 68082 303
Total Revenue (excluding capital transfers and contributions)1 246 4971 060 6541 065 999866 623826 158
Employee costs381 867326 877318 326336 239325 130
Remuneration of councillors31 32431 68528 11826 86324 833
Depreciation and amortisation244 331174 179112 29969 42777 950
Finance charges93 08929 07049 83989 94764 369
Inventory consumed and bulk purchases505 818472 493389 291314 945328 435
Transfers and subsidies1 5611 6911 6301 7371 588
Other expenditure709 902528 704557 493317 129337 273
Total Expenditure1 967 8911 564 6981 456 9961 156 2871 159 579
Surplus/(Deficit)(721 394)(504 045)(390 997)(289 664)(333 421)
Transfers and subsidies - capital (monetary allocations)125 82089 41398 402106 75054 532
Transfers and subsidies - capital (in-kind)--912 792-
Surplus/(Deficit) after capital transfers & contributions(595 574)(414 632)(292 505)(180 122)(278 889)
Income Tax---n/an/a
Surplus/(Deficit) after Income Tax(595 574)(414 632)(292 505)n/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(595 574)(414 632)(292 505)(180 122)(278 889)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure64 02784 959(13 970)10 9980
Transfers recognised - capital63 01483 186(18 054)4 996-
Borrowing-----
Internally generated funds1 0131 7734 0833 4800
Total sources of capital funds64 02784 959(13 970)8 4770
FINANCIAL POSITION
Total current assets895 952700 984651 730690 370526 158
Total non current assets1 595 8741 602 6501 609 3081 794 4211 710 917
Total current liabilities2 777 0392 317 9571 972 0071 740 4571 361 949
Total non current liabilities123 926139 690110 897253 521320 173
Community wealth/Equity(409 139)(154 013)178 133490 813554 953
CASH FLOWS
Net cash from (used) operating792 706702 236889 279241 297805 473
Net cash from (used) investing19 573(82 522)15 383(10 998)-
Net cash from (used) financing-----
Cash/cash equivalents at the year end882 274692 470941 859294 670843 071
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a485 789381 588487 931427 022
Irregular expendituren/a135 942221 734416 199117 640
Fruitless & wasteful expendituren/a29 93450 997135 703169 738
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 Q1
Audited Outcome
A1 2027 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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