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ZF Mgcawu District Municipality (DC8)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aFinancially unqualifiedFinancially unqualifiedClean auditClean audit
FINANCIAL PERFORMANCE
Property rates-----
Service charges-----
Investment revenue1 4601 7101 7461 234699
Transfers recognised - operational91 93889 63388 02485 21282 847
Other own revenue1 3077361 9504 5681 002
Total Revenue (excluding capital transfers and contributions)94 70592 07891 72091 01484 547
Employee costs66 26465 08262 60259 71157 418
Remuneration of councillors5 7445 5495 4015 2714 654
Depreciation and amortisation1 6071 3501 1901 2631 043
Finance charges4 2174 2103 9584 247513
Inventory consumed and bulk purchases229696517400634
Transfers and subsidies234499491911304
Other expenditure21 13819 52020 62917 42317 700
Total Expenditure99 43396 90794 78989 22682 266
Surplus/(Deficit)(4 728)(4 828)(3 069)1 7882 281
Transfers and subsidies - capital (monetary allocations)1151163771 190-
Transfers and subsidies - capital (in-kind)-----
Surplus/(Deficit) after capital transfers & contributions(4 613)(4 712)(2 692)2 9782 281
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(4 613)(4 712)(2 692)2 9782 281
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 1021 5571 3401 5502 164
Transfers recognised - capital1151163371 190482
Borrowing849827---
Internally generated funds1386131 00417831
Total sources of capital funds1 1021 5571 3401 368513
FINANCIAL POSITION
Total current assets2 3511 1261 7572 5252 978
Total non current assets23 81424 11523 50422 87522 091
Total current liabilities11 76412 05610 25810 62611 596
Total non current liabilities43 25136 90433 73231 23732 844
Community wealth/Equity(42 667)(23 719)(18 877)(16 463)(19 350)
CASH FLOWS
Net cash from (used) operating(3 126)86 55450 96872 21170 602
Net cash from (used) investing(1 045)(1 326)(2 141)(2 030)(956)
Net cash from (used) financing-(8)(371)--
Cash/cash equivalents at the year end(3 381)85 67150 16272 30771 927
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a----
Irregular expendituren/a28099252 204
Fruitless & wasteful expendituren/a-119249
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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