KZN222 uMngeni AFS 2015-16 audited

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uMngeni Municipality

Annus! Financial Statements.
for the year ended 30 June 2016
uNngeni Municipality
Anal Finca Staton othe year ened 20 June 2018

Generat Information

Lagal form of ent LUMNGEN' LOCAL MUNIGIPALTY

yor committee

ayo Nes uP yen!

councils (th Te Merunu
(tl SR maja!
Clr PA Pavsncer
ir STH Naor
ir Gruerbora
lr BK Filay
‘lr GT Blan
(rs Nara
rs Haims
HTC Noe
CCLrN tana
curBA Zuma
crv Nala
cir Laggan
oirFrcale
ror ar
te Ne Law
ur Mthenbu
ett Zend
WLP onleane
rsa winante
cust Naor

Grading of oes! aumnoty a

‘sing Accounting Offs
Me Btdpanze

Chief Francs OMcer Me 82 Gwala

Repiatred office (caper Dike ae Somme Stoves
Howe
3290

Postal addroes POBoS
Howek
329

Banker ABSABank

uate Auer Geral
uMngoni Municipality

Areual Financia Sista othe year endet 90 Jur 2018
Index

aoe
Accounting Offoa'e Respensiaites and Approval
-Aepeoal of Annual Fnanaal Steamers

‘swomentof Fncll Posten

‘Stateant of Changes net Assets

States of Plaencil Perfaranon

(Goah Flow Stato

Staterei ot Comparison of Duiyst end Actual Amun
‘scouring Poke

Neto ta the Annual Fags Sttervents

Abbreviations

como ‘Comperslln far Gocopatins! uaa and Dieses
RR ‘capital Replacement Reser

case Development Banko Sout Aas

rep CCanscaly Recognised Acoounry Practice
amar Geneonly Aocapon Muepal counting Piacoa
HOF Hausing Development Fund

zy otemational Accouring Standords

FO Inatite of Nail Finanes omtoase

ans Internationa Public Sete Aeseuting Stoner
mes uricipal Tate

vec emer ofthe Exscutve Couns

MeN Municeat Finan Management Act

mae ‘unl rere rar (Previously IT

Page
uMngeni Municipality
‘Banel Pancial Siemens fore year ended 20 June 2018

Accounting Officer's Responsibilities and Approval

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Ch
‘ting Municipal Manager
uMngeni Municipality
‘reualFnantStatsrori he year ended 3 June 2046

Approval of Annual Financial Statements

1am responsi oth prparalion of these annus nancial statements, wich ae set nt on aga 780 in ems of Section
12RD ofthe Muntspal Finance Managemen det and unc | have Ngned on behalf ofthe Manca

| oenty nate slates, aliaross and benefits of Ccunetor, mane made Council, any nd ua ens wade to

[Ceunees frogs of ofoo, any, clued ince 90 ofthese annua nana inerserit te win per iit

{hs Temeworkeraaged mn Scan 278 of he Conciian, rad nif the Remuneration of Subkc Ofcer Bonvere AC! ard te
sh Local Govarnmerte determination mscroraanc uh Pit St,
ulingeni Municipality

‘AnnuelFnereil Statemenls forthe year ented 30 se 2056

Statement of Financial Position as at 30 June 2016

we ae
Notes) R R
porn)
Curent Avsets
vestments 8 snowszs 30.548 450
Other rails ® oes 2774828
Recevabie fram non-exchange vensactions " soze47) 8.280258
Vat raoewanie 2 seanars © 5065441
‘Sonauratdebore 0 asessaos 3; 265005
‘eh andonh equivalents 8 emeze = aimzn
wosase7e Geet
Non Curent Aesete
Investmart property fy Sosa ssanais
Property. part and equpmant 4 7e575268 Tee Ave a50
Imani sesets 5 123.08 2382
Hoge aeets é 5.302 615,
Tre sits
‘eral Asso. HSH 617 108
LUabitten
Gurren ianiies
ay ane 6 330876 aaraaar
(Operating hace bly 70940 12088
Trade nd ote payables fom exchange Wanaest one 20 zaeesers 10942 788
‘Censure depoais. a 22e5er7 2198071
Fraployes banaftcbpaton 7 tHeoo 4 ist 00
LUnevent eancionlgran‘s and recaps 8 mamas 2224912
Fanea ioae cbigaion 7 65 486 on cou
Gee eres
Non-Curtent Liable
Atlan 6 ps2ss723zgonz010
Financ laaee bgt 228 760 450008
Finplyee bane cgation z 2sessann 26208000
Pravsions ° Sooeuas7 24742481
Ez aa
otal Lnpiice Tsien
Nat Ase reenease ~ 767 060362
Net Avesta
Revalnton reserve Mo tararnexs say 4rmene
Housing Operating Asount 6 1540s 15708 43
enamide ereisast —_ g2a4ai 62
Teer? — 787 060 32
Ron sate neve
“Toa Not Aaoete Tn Tareas
uMngeni Municipality
‘snus Finacial Simarrars forthe your anded 30 une 2016

‘Statement of Financial Performance

ae 2s
Noite) R ia
Reverie
Servite charges 2 eaesraso |r ver 738
Rental ot acti and equipment vanae7 eas oo
Leeness and porate 320846 anes 11
Ger ear a Amst 4quagas
Provolone fr bad ett austen 4754421
Inlet revenao 2 sas © a gonced
Property aes 2 tseasyose = 119490972
Property sta -panativsinposod and ooleston ches Taga aes 2a
{Gavernoent gran ard euteiaes 25 ruin 77? 1a2e7e age
Fea, Panalies oi Tatts ions 64 00
Total revenue Brae — Sa 0x7 OH
Expenditure
Emplopee rated exate 2 eraessi) (as 387 2)
emueraion of ounces >» Tees) @1tu KK)
Deprecstion ad amariztion SS @mnss a esa)
Tinanes costs et aeto1g) —"easue 784
Det pint 31 saan) (zzaa2e00)
Cofecon coats assay aziain
eas acm lanance eraer 79 (gee se}
ul purenases (es7e1 ea (72285 938,
Coad serdcee aden soy (11220 08,
Giant expense 28 jrers 162083)
Gensral eperses 2r wastes) Gras 520)
“otal expandtre Hos 123) “aw eae st)
Operating (doit urpae Gaz 04) ~ 285er 700
(Dee auras orshe year Gazi an 0 gar TO
uMngen! Municipality
‘Areal acetal Staomant forthe yoo enced 20 sane 2046

Statement of Changes in Net Assets

Revanaton Housing Tet veeanes | —Acaumusied —Tolelnot
reeone opening ‘supe aes
soir
R ia a 8 R

atanes af 01 July 2014 sayamocee ts 10nastarerere—sevemaege © Tan sn see
Charges n nt acne

Dea! forthe yea eat seer 79 28867 70
Tota changes — 5 Berra | etaT Tw
Balance st 04 Joly 2018 araran asians, —waasm TT] Geaanens er oEosea
‘Movement in Accum : + tessa 11696082
Sup

Net income recognises aecy [SR Ges
Deft ert year : = _easateoy _ wesnt any
“ole racagniee income and Coes Ta) ~ (roses T=

pens forthe yoor

eeeR Te TURRET
irae «iets vate erseaen | pst ees

6
uMngen! Municipality
‘Annus Fingal Staomant forte yeo ended 0 June 2046

Cash Flow Statement

2 We
Noa) R R
‘Gaah flows from operating action
Recents
Sale of gods are svies (ates wr etch) aieasr wo 201970295
Grants Teas — ‘eaamaane
imeretrovenue SER 4305054
er reste Tees — ioz2e18
Flee Soesese 7058172
302473 a1 s2n042 100
Payments
Fiployes conte eteraes) pose 725
Suprlers as0e70 4) (fer a40 E73}
Finance coat Gaag) Boe sa
Taves on surpunes i (705 397)
Tealaaezam 281 205250
Net cash tows from opening abies m ssaren _ cement
‘Caah Rewe from investing activites
Purenase of prover, plant an quent 4 via sem (srt 102)
Purchase of aerate eseeta 5 78) sean)
(iereseshideceasein nestnerts stoi @750489;
Net eh lows rer nvostng stivtes (issavacsy (e279 100)
ach Rowe trom fencing sctvitne
Deersase n nares @ermcor — @aenay
Movermectnotrer tei 4 (22483)
Meverrtn conmurnar dapasis sr 08 8725)
Ineressen Terie ea lay asi7aot 145.085
Net ash flows from Meaning activi (assert | Te480.200)
Netinereaseiidecroaso} tn oaah and cath equivtonta ei soeses) (gra san)
(Cath and eseh equivalent he bglanhy ofthe year _ Busan sersaty
(Cant and eash equivalent st tne ene oF the your ” 796202 s10sa01

rr
uMngeni Municipality
‘onal Facil Sttemors yt yar ended 29 ane 2016

‘Statement of Comparison of Budget and Actual Amounts

esac Acar Basis

Bhorawed “Rajuainenis Fel Suge: Adualamounts Difwance Ralwance
tude ‘oh compable between al
tote buegetand
thal

R k R R it
‘Statement of Francia Performance
Revenue
Revenue Mon exshange
‘paneactone
Benace charges etctioly «6B 177158 3.280190 THAaTSAr sogroqu0 HATES IE) 40
Servos charge rete Soxese G13) BATISISSet208 «= GTH2
Renialettectie sndequiprent —G7E 021 [1 a88) 878072 rag 67 ZT BDE
Intron vceived (outsinding 1698495 saopase 1 7isgag (122508)
etter}
LGasnene and permits 2azsam —aonmes 3228490 20m ace (a0 me)
Other eae 8165253 (1 72362) TSBTON 3709s (ETE) 4a
Interest rocaned-imestoen, 1592612 1861461 3494073 gugene | T8SCSET ag
Tota eovonuefrom exchange 98031 118 450622 STAND rves aid ETE
trensnetons
Revenue hom aoreanchenge
‘ransastione
‘Terabonravenve
Proper aes tai se477 2433205 142860677 ro4asueve 10800250 4a4
rope see peas 8.242065 @22662 Tangom 1Me0ee 498
Imposa
Tranefer revenue
Gevernment rans A stsidies 78675900 216000 7804000 7 4gi777<FTERRD ans
Transcrsecogneed trading 30371 635 (7 SuN-4y) 22498105 "a 400760 199944) 97
Tota vere from non 258428 788 (4687249) DETSAOSDE aD aaSeCT | IORTIE)
sxchergewengactons
Total revenue Maser Ow) MiRiee TN ATT
Expenonute
Peteanna 403 720 105) 14906500 T2283 eragesi ABIFOM 4a
Remureraion feoundiow (726 aes} 85362) TOBE) 7790 957) (148467)
Depreceton end impakmam (11 222.366) Hi 232980 ea aoe sas) (81972219) 49s
Fhoence ots (750 709) (479072) “Gastar; 878M dean
Bed debts wlden ot @iaera5 (ean on 208955) G5 pa0560) —ANEDEIY) att
‘Collection ca eosaoy (1909) 98a2e) op5.aa3) 1083
Reoaits and maintinance (24740020 581 71) (28 192840) corner aa) 4784858 aa.i2
Bute purenasoe Goaa27) Bases) (0578005) Ga roraan) —2000K00 ans
cneacted Serine (0285450) 267988) (1DEI7 385) (1348880) 148495
‘Gran nd aubaidies {740.00 oanC) 12119 DOO} (eeNT 22) T4I2EEE gag
‘aloof geedatrwertoy
General Eerces Ce ee ee
Total expencitire (7 HOTSIN) (ake Oe) Gea HD He) (oaMabe Tze) Ci eM Ta)
Deflet before taxation BRS 376 GTETSGG) AAT OWT (2ORGE D1) (99925 910)

Actus Armounton Comparable 20774376 (Sar aan) 22617017 QDEDEOOH BATS DI
‘Sane ae Procentad Inthe

Brdget end deta

Comparsive Statement