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Buffalo City Metropolitan Municipality (BUF)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditQualified auditQualified auditFinancially unqualified
FINANCIAL PERFORMANCE
Property rates2 196 4062 169 0152 127 6341 791 3701 733 914
Service charges5 473 2144 994 1554 333 8293 766 3154 312 993
Investment revenue61 05472 21551 63047 66033 086
Transfers recognised - operational1 598 1441 482 1491 382 8761 192 8151 099 255
Other own revenue1 716 6371 561 5771 457 4541 254 5611 069 938
Total Revenue (excluding capital transfers and contributions)11 045 45510 279 1119 353 4228 052 7218 249 186
Employee costs2 941 0222 787 5212 703 2012 475 6132 536 403
Remuneration of councillors75 45170 37368 96766 74964 683
Depreciation and amortisation2 694 7572 362 8531 944 4811 846 0541 569 797
Finance charges45 56644 44946 21116 07520 684
Inventory consumed and bulk purchases3 293 5072 983 7982 589 3192 256 2052 293 210
Transfers and subsidies127 307102 451131 531137 495127 299
Other expenditure4 419 8773 783 7613 287 7712 312 4452 589 020
Total Expenditure13 597 48712 135 20410 771 4819 110 6369 201 096
Surplus/(Deficit)(2 552 032)(1 856 094)(1 418 058)(1 057 916)(951 910)
Transfers and subsidies - capital (monetary allocations)998 541773 040855 178744 644687 065
Transfers and subsidies - capital (in-kind)2 3295 66622 4094 1602 294
Surplus/(Deficit) after capital transfers & contributions(1 551 162)(1 077 387)(540 471)(309 111)(262 551)
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate(3 441)1 976(40 750)20 143-
Surplus/(Deficit) for the year(1 554 603)(1 075 412)(581 222)(288 968)(262 551)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure1 131 8341 194 7981 110 1641 425 9461 408 515
Transfers recognised - capital902 457702 486763 360696 267624 388
Borrowing----11 727
Internally generated funds229 376492 312346 805729 679772 324
Total sources of capital funds1 131 8341 194 7981 110 1641 425 9461 408 439
FINANCIAL POSITION
Total current assets6 383 65813 548 21612 514 20511 194 27410 217 212
Total non current assets33 002 76042 430 56231 714 70926 076 17725 670 881
Total current liabilities4 977 72611 697 17610 993 17310 171 1378 865 399
Total non current liabilities1 566 4311 325 199961 557951 9981 143 933
Community wealth/Equity35 323 24045 618 34832 274 18526 147 31425 878 762
CASH FLOWS
Net cash from (used) operating1 026 8635 742 9593 393 1464 913 5514 248 326
Net cash from (used) investing(1 131 663)(1 176 149)(1 110 048)(1 425 944)(1 407 092)
Net cash from (used) financing(22 390)(30 346)(30 246)(49 141)(45 191)
Cash/cash equivalents at the year end603 8385 257 4512 932 8264 135 9243 941 451
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a646 823403 496-163 702
Irregular expendituren/a1 139 6431 317 7401 713 3126 523 479
Fruitless & wasteful expendituren/a5 6236935410 732
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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