Mhlathuze Water - Financial

Overview Management Financial

Mhlathuze Water was merged into the Umgeni Water on 1 July 2023. Information displayed here is historical information as it existed before the merger.

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2022/23	2021/22	2020/21	2019/20	2018/19

AUDIT OUTCOME	Audit not Finalised	Qualified	Financially Unqualified	Clean Audit	Financially Unqualified

Current Assets	n/a	862 006	667 859	521 877	444 320
Non-Current Assets	n/a	1 171 523	1 075 849	1 071 904	1 037 038
Total Assets	n/a	2 033 529	1 743 708	1 593 781	1 481 359
Current Liabilities	n/a	360 372	219 391	167 303	174 760
Non-Current Liabilities	n/a	71 722	79 863	97 032	113 999
Total Liabilities	n/a	432 094	299 254	264 335	288 759
Total Net Assets	n/a	1 601 435	1 444 454	1 329 446	1 192 600

FINANCIAL PERFORMANCE
Total Revenue	n/a	670 444	662 275	682 057	732 612
Revenue from Exchange Transactions	n/a	670 444	662 275	681 950	732 612
Revenue from Non-Exchange Transactions	n/a	-	-	-	-
Total Expenditure	n/a	(513 464)	(547 341)	(545 631)	(628 667)
Employee Related costs	n/a	(142 685)	(111 610)	(106 692)	(95 588)
Surplus/(Deficit) for Year	n/a	156 980	114 934	136 426	103 946

CASH FLOW
Net Cash Flows from Operating Activities	n/a	363 724	238 059	229 375	159 011
Net Cash Flows from Investing Activities	n/a	(177 217)	(70 901)	(97 856)	(139 254)
Cash & Cash Equivalents at End of Year	n/a	714 478	529 131	372 407	263 087

UIFW EXPENDITURE
Unauthorised Expenditure	n/a	-	-	-	-
Irregular Expenditure	n/a	23 543	23 597	-	-
Fruitless & Wasteful Expenditure	n/a	20 578	1 187	-	4

HUMAN RESOURCES
Posts Approved	n/a	n/a	n/a	n/a	n/a
Posts Filled	n/a	226	218	206	104

SOURCE	n/a	Annual Report	Annual Report	Annual Report	Annual Report
Note

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.