KZN286 Nkandla AFS 2015-16 audited

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Seana Municipal
‘Regietaton number WR 280)
‘Anna Franca Statements
feetoe yr evo 3 ne 2016
Nkandla Municipality
{agers rzrbe"K2N 285)
$Sisl Franc Stamos ta += ror ended30 Juve 2016

General Information

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Clr non tagusene
les Putte:

orang ot eeatautesty 2
Accounting Oftear vars
Chiat France Offer (CFO) vars Nombeta

Regleterea omee Privat Bop 164
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Busine adroee Yaa Root, L282
Nanda

Barkers oo
uetors ‘Aude Gener af Soul Ae
Annual Francia Staternents for the yearend! 30 June 7018
Index

‘Te eset ane statamei a: ut lon career aaa nscale prederta oneproMrell ag

Inox ag

esianing Offers Resporsbilies ard Acgrovl 3
5

‘Sttamen o Firencel Performance

Stent of S-sngesin Net Asses

ash Fa stare :
‘Stotomont 2 Cerparian of Budget na Actual Anca a
‘courting Pricing 10.79
Aen:

‘Appenae 8: Ants rmnay, Plat and Equip a
Abbreviations

com conperaion far Gceuonnl ies a ass

esr, ‘evelrmer:Bank of Suh Afi

BAGHAP ‘Sou AticonStements of Generally Acterled Acsounng Pca
RNP ‘General Recogn see Ascurting Pace

cane ‘Sane Acopted Nurcpal Aacounng Proctor

WFO nue oF Miia Fnaree fers

wer Memcar ohne Eveouve Counc

arma unicpal France Manegenont et

wo "urn rasta Grave Praveusy CM

ner egies Natal Echoes ogame

we unico rrasetna Grant
Nkandla Municipality
[Frnt Pad Bo eh oar 2 7218

Accounting Officer's Responsibilities and Approval

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atcoing ctvdrandronperaic to onrertend Fee at ke sera teste eatorots and ete Mate
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‘Sram ify poset theca offer fe mueply oes sof stand Yor ah ot ofl
Spare an aah oer br pee er, The eer afte te srenae expres independ oon
hthe auc! ancl exer adore svar unos aoe el hana cea shaved des

“The ua fnanclstatenents nave baanprpared in accordance wn tara af SoneralyRasnanid Arseny
Praca (CRAP) ied ary neato, pide ane Sache enon by Aoroumng Scars Hows

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bythe rancpey ond piace centro rota my soitaring » song ari ronan Te ane Ye
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Feel etre Thee cnt ae mentored teousho.tthe variety anda enplesnctnnauivedto mata
Fight ica standaeds mane ng te nea tuanoss craved ne ranma at mal eset
"egmarannee = above epeach The aus of ak mar emer emul mide, sone. manag
Srdimersing al om re otk aces the manip Wal poretng hak nalbe fy sane, te
Fminpsty otdovoue ta mira ty erzanng Wat apres ezrucars oniain sy and oil eho
‘Fe seid ae ravaged itn procaine pccudurce and orant

“The accountng tices te ein, pate on the terse ana wanes aon by Renegere hte were
insral carta pew oasnene aauunee at ra Teel ‘aoes ray be led ahora of
“Eris een ava Sy ep of railcar om pt yeas Pe

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aierarb The anus tnaal ners hrs been eteraiooby te rung exiaal such reo patie
fread cn foe

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Sppovedy br av angen 2016 ance agned or hehe OF

bn ant hat adasen allowances ed benef of Cetra, lawns mate Coury ay, xn pyr nce fo
{Canale om of se ar eles sin te fred Fant Stare blow ae vin feu knie ae
“ertmork mur Sector 210 of bn Canals, “aed earircton vine Pull See arr Ptr he
‘fda Proved and aes Gevertrfedetarmabar sccoarce whe for

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ses yrers agra ane bane?

roves ty

1 Anque 2016
Nkandla Municipality
{Realsaon nv mosr 2X 20)
‘rua! Tina ea Stonens ors yosr ended 2 June 2216

Statemant of Financial Position as at 30 June 2016

Fuse Rare Teas aS
Anco
Pecettle en rar-changeirmattons 8 saazane 203028
aT ceovabie fe becca asaere
thar ossiveals to axerangemaneactona e 4798768
Reoevsles ron exchenge tansastans 7 sagen 7arsat,
(ee ahd eat enue 1 __ aaaters—Sosarer
Non-CurentAscets
lever ror 3 saszso7 S050
Prager let to upon: 4928958863. 257454 793
Ingrgileaaet 5 saa en 920665,
EEXHED ECESCEY
Total Atsote 35601 373 205954
usbiides
‘Guten Liabiltes
Payseds am suchen imaeactons 14 sazisees aoa oer
Unepartcoranrsl gare ed veceese 12 Ae02eR | 47EB
Pravsans 1 30882
Tots init Xa TICEC
Not Aacote 3H9 749 as 753269509
Accumulated situs 200740 265 983280500
Nkandla Mu
IR stabonrabarK2% 285,
anual Fnarcal Saloons forthe yoo" enead 20 June 2016
Statement of Financial Performance

Faust ord Nae) 2098 aa

Revenue
Revenue Pom exchange waneactions

Seon di 1S reegaae genes
Feral oes and cauipment we “eeo320" Teoate
Ineret on coneume” dbo tren? 1ei 204
‘ter rcore er mest
Iroroat resect rent te gure eronee
Tota revenue tam exchange transacione irre aan
Revenue from nan-axchange vanesctions
Proper sae 18 merece 1125412
Tranate revenue
ovement arn 8 eubeidios 71 _sancoassu 109292288
‘Tota revenue fom non-axchange franascions *aH TT a8 117308
otal evenve GL OCELECS
Expendtre
maioyeo raised costs ze cermacreay ror see,
Remurereton ecru ery 2 “pagssr anata,
Depron retin 24 476770) ae" ste,
pair a! Resale panos 2s (eoa2a (1 803528)
Lease ras on cpoting lone 31 aaaszeeh ee" aed)
Dat irgsirnsr overs of eile 2 ssi aterm
Aepala end mlntarnce 3 Gwsan daa
ul curaaae = Beaty zt Gateaiel cioeennen,
‘entice 23 @asoset, Bae TOt;
Granvemenatare 20 ascot) e2ts 185;
‘SeneralEsperses 23 areeetigs gazaet
Tota exendture (aren easy (or 1 244}
Opersnng eupius aemi7 mares
Sipe Lins) on laporal of seit a gases uaT 228
aetna (e208

er 023 a7)
Surplus trims yae Wom continuing operations Tae BITS
‘range in acceurng estimates 1 sts
Surplus forthe year eareona_8E ESD
Nkandla Municipatity
(Reaiction arbor zx 200)
Susi Franca Seren or Be yee ee 30 June 71

‘Statement of Changes in Net Assets

Fewes ink

rue asset

Betanes #01 July 2044
banges 1 na ata
Sica ee yer
Pr pata ran

Ravtatod” Balncn a 4 July 2018
Changesin net sac,
Sur er have

“otal change

Fler to Nts 38 for rip 102

254691479. ast eat 478

7-90 ze ven ene
seer0 19% 66" 10h,

ier sree

TS Zeo ae aes 2B

Ago seaTO SS

Tass eo
EEX MECEZECS
Nkandla Municipality
(Page number KN 20)

nl nia Sateen rhe yew endeat 30 2018

Cash Flow Statement

Faguesinaond

awe —_-a078 aa
‘Conh Nowe tom operating setien
Recciots
Sele of goom ae seers 2ese721_ta6aa a8
rans “asTia Sr y08382 638
Interetinearie Zorro 989268
ecm 1 Tavs
Payments
Emsoyes ox 0s 957) aanee 782)
‘suppers Isr ime6e) (6210506;
Ties array _(raan6aTH
Net cash lowe tom aperating active se eesgasre_ soona 758
‘Caan owe ro Investing aetivies
Purses of wore, lant ae ean 4 pase2ui7y nse: 135
Proceso fom ele proasy,plon ar gure? a Saraas
Porchaes of cer nang ese y ie ee
Nel cach Rows rom Inventing sett (ets 325) G2 778 19)
Not ineroaseecrmoee) in cash and cash soulealnia ese san) 7731 508
Deahand aa equlecteatcha beng oe ar Sener 189
‘Gach and cash suivant tthe ond ofthe your 41 aaer ets seso7er
Nkandla Wu
‘Roatan umber GN 205)

Zante inmael Sater be yoo eres 30 June 2012
Statement of Compartsan of Budget and Actual Amounts

Baacen Roars as

Roprved —Faharnens Fea] SUGGS Re wns Disoree Rater
Bunge Cn compertle bstrsen fina
tae emt ena
Fowes inane ‘seus
‘atemontot nancial Performance
Reegnue fom exchange.
Earioo chegse ‘Avsaton «11800 14078000 rongaag ETHER)
ev offocines ona meaioo— Gasooy 498000 epomd maa 2
Ieest on consumer dears : - arse? 1me7
canoes an pat ape e009) Bom me 3
Dee seer vaag6 200 (st 00o! ZNO ages; Tame)
Inert enc inoatment 120200 10009 120000020770 ETON
‘ota evanue toma axenanga 24585 100 (TUSY cooyZraskuno ir #13002 (0B Ha)
‘reneaedone
Revenue fom nan-exchange
‘sameaetone
‘Texaton venue
Fropery sae yrssta — zasbang 10180000 seetaora« 2eOTs
Propety es poral, degra 1o5000, 300009 * "200 009)
raped
‘Tranefor revenue
Bovermentgrare Leubediae 149 008900 Goon, '4BTOLOND sacosuss: BEE 7
Tata revanae am non- 46a THT Goo 27R ano —Te4Tas Gad 1eea7? ead RAO TTD
eshange vanaactona
Toss evens “ai a too 1 are gan can ona oad Waa aD TON CTeRD TAR
Expenditure
Emaoyee cass ce7as7 20 12mReMD GBERSOU (a7aeKTEE; —12ES7I
Ramureratonfcourellers (702200) = ars000) “7essert} reat
Dapeocaenand amoreston 2585) [ @aes000) sare sao; (98077
epson ab Pera of vaaaes, (3822)
palmer
rater vote geen enemas 0
Leaks ers or oreratg sase {S920030) 00600} BSIOOND) 246204;
Bod doe aitn of snd Dot, - 5580 128) "
Rapala era nemenance —«omeeD) CEN (HBNMESH) a-7eaer) TOMTOM 12
lk parses Ceomony azcoene 07000000) aaasase) ZleesMs Ha
Corteced Sovion (so4c0 :87e5con) (E1209000) anc sat) FATES 14
Tranter end grata (20 000," 20coo) (1260000) garg rat) 12E C0")
General penses getsai oo sateen) (4438000 cea 18) R20 TI) os
Total expandine (15442 000) (6277 12) (ea SEDI) ART ST? Bes) (908 672)
Operating cursive Sisroo ARIS) Save ATT Teese
‘aan an cagosal or atte era = Naseem: | 488 00
ee
Aatelsnerat = tears 2 200)
> 5 ara er
Nkandla Municipality
Racin rarer KZN 28
SSSGS Franca Starr year ande 30 Je 2015

Statement of Comparison of Budget and Actual Amounts
Buagevon Guan are

Ripiawed—Aauivens Faw E.dgel Real snows Orirenos Ratan

bugs fn tonartle between fal
‘ne aoage ond

gure Rend seal

‘Surplus befor taxation Brasco (4210512) 67950880 ag araaT ORTH T44)

‘Avtuat mount on Gomparate 87552 000 (10912) 673608
Benle ae Prosented inthe

Budget and Actual

Comparative Sboxmont

‘aera Ga7 (TORT Aa

(Tre mw-iclty budgeted to perarata a nvenue 2° R127willn er: Sarin charges sletiy in 201896. The
‘atarax 1 millon canbe oats 243 pov enc lakes nha 7015 free oa.
arevet te untipl iy w:pated etna FET colega anne evcring ete woul ogtafona nat
20150 tartl yar wh'envas note aca, fue rnutd im -adrganarsion a wey eerie

(2) Naw kaso ag-ennane ore signed tunng fo 246 andl oar

1B} Coleen fons aed bass ar! he muricpaliy Ped an crime idast of Wr SOc aa au ta rae
'A) thot areal nora pugpeea fr VAT rena af 5,87 tien unoar Oe nao, Femi Buh cosy
‘bugle in garantie Rain fo ala tans have, R190 G09 vne wale

10) This can be aletac to igh aenane nt calazours a ve mug,

2) Ths tiated Property ats fever wea bese: bv cosh bas nea a ie ‘et-un, Torta, mo pose
‘were waded en fe itunton rol ring re yearesengg ta Public Wonks (cas an Saha ions of he Sosaen
‘fra MPRA. In-he cegnn'g oh early 20185) eta vero nay rosea seed, eet pregertes thang hat
Irakelveuas anes use clegory whiz calle hgh mun a procera,

[Ey Ths cabo abut nat mapert EPP Grant wth heli Naina Tsay.

(6) This con bea tuted ae acting lowanes int peer ofthe nunizpal manager e wall be stockton aed
ser alonsren,

(Gy Ths tor vos undebudgeter nine z0156 rancor

(fo) Te uae nancy laseed ee France chaos ive ie nunkpaly nae bedgeing fe: oankchames,

(25) Te muriioelty hag cronecealy ered a Budge or Dat imran Fine ave Fare yom

(12) Tecan be stud he facttot na runopalyouded he tugeted Rapa we Maitenarce the
Frist he alc wut holding age ne fst wae capt n nae

(23) Mo muriazaly had aheeued Pir demand in Bk pucheees duo the Shop eats ane FET Calne
‘veloararintoun wrt was not-eured nine 2VTENE fan Yr.

{The murigealty had avstuageto or Conparted saves

108) The canbe ett nthe al avers 2 ealnc ant accmmedston,

un colacted t