ADVERTISEMENT

Inkosi Langalibalele Local Municipality (KZN237)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditQualified audit
FINANCIAL PERFORMANCE
Property rates125 992119 406113 449105 620111 482
Service charges315 238327 310301 773264 180244 680
Investment revenue2 9027 40411 4029 3162 783
Transfers recognised - operational260 930260 332245 225233 631208 380
Other own revenue41 77768 98591 48878 48533 167
Total Revenue (excluding capital transfers and contributions)746 839783 436763 338691 232600 492
Employee costs222 127215 387191 478186 910195 083
Remuneration of councillors19 96420 92322 76414 07711 921
Depreciation and amortisation101 88980 40552 256134 587132 467
Finance charges6 7394 3061 443513994
Inventory consumed and bulk purchases337 366309 027289 992243 750226 408
Transfers and subsidies7 545371200234-
Other expenditure265 116294 562208 380169 597149 918
Total Expenditure960 745924 981766 512749 668716 791
Surplus/(Deficit)(213 906)(141 545)(3 174)(58 436)(116 299)
Transfers and subsidies - capital (monetary allocations)44 11159 70686 205130 32739 665
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(169 795)(81 839)83 03171 892(76 634)
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(169 795)(81 839)83 03171 892(76 634)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure60 356103 688147 062173 523181 198
Transfers recognised - capital51 10397 162142 713170 283209 295
Borrowing-----
Internally generated funds9 2534 4246303 801(28 096)
Total sources of capital funds60 356101 586143 344174 084181 198
FINANCIAL POSITION
Total current assets96 901252 784299 436327 970227 244
Total non current assets1 744 9001 181 1141 210 3761 355 1651 226 070
Total current liabilities256 580135 585141 210165 107199 340
Total non current liabilities58 58657 37053 22756 66447 715
Community wealth/Equity1 526 6351 240 9431 315 3751 462 6891 282 893
CASH FLOWS
Net cash from (used) operating297 868316 884251 389220 505(55 808)
Net cash from (used) investing(48 644)(66 374)(100 755)(149 138)-
Net cash from (used) financing---(50)265
Cash/cash equivalents at the year end255 083322 570275 986175 975(29 542)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a193 63272 20653 533205 920
Irregular expendituren/a17 73585 05318 17132 879
Fruitless & wasteful expendituren/a24 42941 7953301 165
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.
ADVERTISEMENT
ADVERTISEMENT