Table Of ContentuMuziwabantu Local Municipality
‘Annual Financlal Statements
for the year ended 20 June 2020
uMuziwabantu Local Municipallty
SSouathancal Serene rte ya
General Information
Legal form ofensty
‘oraaing ot tocl utnaity
Rasiotred offoo
Poetat auras
munictPa: Coun
Exec Mayor
ety tay
Soeaker
Chem menber:
ours
ict Sos Reresetatvas
Aecgunting Offcxr
Bankers
(hier Fnanes Offear
‘oni mtr of osteo te sol Gave met Maric
Sueur Att 17 ef 1058), wad wih set Sb) ofa
‘Senctton eft Republ-cf Sue Aiea (Re: 108." 196),
urine reat
Private Sax 1028
rasa
eae
NT. Mesingr
Mv. Net
NW. Veah
Hi. Ngcbalenge
Nene
Me. ew
Rome
CF Memala
TA Cisne
sNoetho
CML Mech
AM. Cala
U.N
Hl Ngubelarge
TA, Dien
NeW. Gamat
Sedan ini
Natenal lank Lams
inverse irted
tie 6 Makes
uMuziwabantu Local Municipallty
Sal Pinan Stamos yar ended 3 ie 20
indox
‘Tre rove ana aberration ha emul “excl atemerta prasad athe coun:
Page
Aecourting Cifa"s Retocnesa 363 ane Agro :
Aust Commies Report 4
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StcementfFnancalParorransa s
Stoemontet Grangas = NetAsce's :
Pen Raw Staten ®
‘uamartefCamaneoy of tuspet rd Actual arteunts or
Aecountng Peles sae38
Nate he Amul nd Stee 2-60
Abrosatons
varap Iespemee1 of Geraaly Recoriand Aocourtng Prectos
Ra? ‘Sere aso inl Aen Praiee
wae Irvopstet Neral ecm Pram me
ur ‘Unamplaysent sures Fed
so. Stile Dale ee
NFA Mung Hanoe Manageme at
or Nuncipalnkactucte Srent(Freveuly OP)
Fea France snagerar Giant
FeWP panded Publ ware Progr ns
ver Value todd Tex
Mscon Munpst Ste hate zn.te
ERA Don of avenue et
oar Poy Ae You Ea
‘South Aca Local Gover ar
za cauret
{oso Pease: Deseoprert
cove ‘eos acon 2019
uMuziwabantu Local Municipality
{eagievesonrumbar 2&1
Sena inane Steers fort oar andes 20 une 2020
Accounting Officer's Responsibilities and Approval
‘Tue Accounts Ga” i raved by the wie France Yaneperrent Aa (et 86 of 2002: fa mara adsaust:
scouring ana ans reapersive “rhe cart ara iagtty cf ava frre storie ad rtd ane 3
ittemaion eluded due veport Rm ta reepanatty of fhe Aacouring Ofes ta ance em tal ore a
{tatarent ery pasar tra ara cf wie of lea muripey eas te a fn fron yo zal herve of
{paruione ar oaah fa forthe peta ten arced. Theorem sucha ars engaged fo aces en ncependent fn
he annum Rail ster cls ana avon un uidod acess to lol mad ed eae
‘Tre annsal fail sateen nave eon propose ¢ accrdance Wa Sancants ote
Prslee SRA) melang ary a-eeatsra gueines ava srecies Sales vy rs Acad ng Sande Beas
‘Tra annuslthancial tater are kesed upon apron aeraurirg poleies constr acplcd and sucpored 2y
‘Hascneble ana russ ucaemoss ra str
The Aepoumieg cw nates Mal esi ulingly responsible forthe sitar meme fares coral
sabluted by he murkipelty ant pace eons dere ire toe an mans nng 8 atong cone evan. Toor abla
fre rourtn Cicer meal ese sponatien, a Ato ofa ete el aatde ‘rita ox amid
‘rine ah evar deel @ 2onal afoche narrer. The slar dard nace th proper dalapeosoracporaib cs
‘oin a cleaty defies ewer, efertve acoantg elcosduoa ane sceaustesogrnalon af dues" ens.'s
‘reenable el of ma, nese cenrae a rontorad traugho.t the murioaly and al employees sow vat
main (na hgheat obieal sandede F-ene-nng te runiopatys biases rcntucied a mame et I al
Foaaoradlacreuraranes le sbeva teroech Ta foc.8 of ak anerrentin fhe Usuz Waa Ural nu icosy sc
3. aescet-a, manasa ape monoig alfa me serurs Peoria ng ak carat
be fly eirnated. the murtipay ardenvoure torrie hy neg ta apgropare eesbucte, Somat, =m
fed hind brutus spice snl wong win Sedetormines pceatiey aa esta
“Tw Acanniy to ot enon, ease onthe nfamion and explarations giver by ma ragaren tha tho system
atrtcmal contol sees ressancia‘aauterce tlt Enel tacr'ds ray a Tole, fr te ercpraton ol te
nna “ravoal estomanta Haver, ary ater of itemal fecal contol can pede cy mart. sed
‘basking aeavancs spanesmor Wieser nr cost
“Tas desoaring Offcr has revioses the murispalys wv low acl ha ets 8 $6 tune 324 a inthe Lat
{hs revo and te sient fragt poi. nevis nl a ur pay hes or haa ooo C9 adopts ecouros
ar raspanala for ha prparcon ofthese Serial tater, whoh are wat ut on pug Ae 7, ono Seton
"Zaiefte Nec Fronce Managariont Ae (Act bef 2002 Wt Ie Sgn en Oa" oT of PUTS
| catty thet 9 sang, allnanons ae ‘aut of Couey a cslone i cae SC ef eae nance statment ae
siting eof Ms anlowe anieaad n Seaton 29 ofthe Const ead fo Her eee 2 PUBIE
‘Ges Bases he andre hin trot Comafetse Gavemancn end Tiaenal wavs aaa in accreance wh
es
‘tho erruel meas, stoma cat aut an oagcs 9" 9, whieh have been prepares om Br sing enna ha, we
' conuming Offeror 10 Scmoa- 202! er we ae
Munkspal Manager
uMuziwabantu Local Municipality
(Feeuator number nats
Audit Committee Repart
|e ars placa proven our coset fart fate yar edad 94 Jure 2000
Aust conmisoe mombers and standance
‘The suit cermin asi fhe metus ze Rene and shale ml ees par ara 98 pes ape Mee
angele ilo persan osm 28 Way 220)
‘Shanta Ez Eel Yerbe
“och Khunlo Essel Psat Append 21 Apel 20201
‘Ast corms responsi,
“Tre ats comritae reports ta nas corps WR aeparabilesarang "em eacion SECKtY cine PEK and
Tresery “equstan 2
Tho cud carte asp reports he: thas access sopranas feral ears of eros a8 aust comme cha,
ae rogcll is fae comlonca whe char and Fae echamged ber aons Wis x sbae n
“he Aidt Conmltaas has corded wot orfemed E rama aston 8 quero bass and radened ta figs on
Irae cate ne Bate crm aces tht thre as haon Mpcver ely oms convo ho acoso Mari
reourirgeotarance rezorima Be ‘empleo ‘a ‘ean,
lolie wich. Seine BP af he PR let ps the Aut Genres ane Merzger ae al rasarabls
‘escarane Int nisl cava ate dso ar efecvasrie ached ya acprovad tne Cased vemal audi
Placede , neva uct asemsre be stequeey 0 congas nilgalrg ie (ak are Ha AL. Ceres Fann
Ferien carer sctre
valuation of annual ancl statnents
oN ete an tees esac arus ar seers rose 8 an apr,
+ "Sined choreasinsoco.nrg polices and practice (acta ns.
tetera! She ance conplienoa. wh eel reaulsony —_ provsirs:
“he "aancal satemans hive cash propared i acutarce wth Scat Acar andac’ of Getmral
Recognise Accor Prociose (G8 Smears oF BFAD) wat x rst” xpd by Mpa Pe
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uMuziwabantu Local Municipality
Becivision neon KENEIN
Sonal nara toners rth yar orded 20 ne 2020
Statement of Financial Position as at 30 June 2020
Tews 2BE ai
Revatadt
Trvsemnent pretty 2 27ivee — 270aee0
Prepay, ant ard eee 3 earoeene a2 aera
ang aot 4 fia Sted
erage nets 5 traen0 :
Bisogetaete' -(Fantton iments, 8 weer near
CREE Cd
restore 7 vene _s86 042
‘aa esi rem evnanga tones 5 sacauaa ssase7e
eee wees rom mg-earange erste en mcs) a cicesiet sana
VAT cobs ie aagass aaar 03s
Deah and cash so-leeents 1 _tegeen act saben
Total Accetz Tas 6
ran2e eso obliior. 2 sim
Lunpujes benefit onion “Seema even 8
Tits
Frere omia obligation 2 time gon
Pajedss fon seherge taneactor2 25 sagpeaTe -a pec eoe
Cconeumer epost ama ssa
Unspent carseat on ene Wages 357 623
Provetors ne tearane oop
Net Acts
Revaaton ese
Secumuleed sophie
mma _ ae
CEC TELS
sireava again agg
AE 8TH coh 98 125
EERE
tam a
uMuziwabantu Local Municipality
(Pesierston runner Kant
Sia Pend Saent rt oor ended 20962020
Statement of Financial Performance
Tee Sa
Revere
Rovonus from exchange transactions
Dares achera oes M1058: onsen
‘enioe enargee 9 suse Sena
evil el aces and aque massa” wats
Agmicy tions 2 oom tasee
Lees and peri teanssz — 20sasca
tas neome 2 getao amet
‘ear eave nestor 2 senza 16853207
“ofa everua ath exshange tenasutlors ‘wees ez e2si5 518
Ravonus rom nonaxchangewansecions
Procery cs. penstcs mere 25 “ayspzra 2274aae
“ransforrovann
avermant grate & 2s chs y se2prsee 14 ape 202
‘otal revenue fom norcerchange ramaction® Tease es _ 1a BTS
Tora raven BEE 9 T6008 TOE DOE
Emplyer ated cass 28 qr 7saas) jexse9ser;
Femunersir of someone 23 “ermaaeey iagrass,
Depedaton are snariaien 5) seat) 16203.295),
Prange aoe 33 “Waster eam,
Pet baat 3 feebeg ganna,
Boks puntases Ss pasassen) gage a0,
Geman servi Ss izzgeeena) G87)
Trantera an Sion as “ezraurn “sna seo)
Invorany sna ne a we
‘Gana: bxpanece BP _arranzen coe 200,
Totatempenature Test ar eoay (75656 a8)
‘Operating surles Tens es
Lege ocspeel of asets st“ axasiay 295 626)
‘Changasin value 0 sror DigTM 6998174
tepenant one se gee on, :
(S087 900) eczr Gab
Supls forthe year e788 a52 33508150,
uMuziwabantu Local Municipallty
‘agama aber KZN 2,
‘el anal Stores fe tha yearondod 90. 2020,
Statement of Changes in Net Assets
Tausier Argunuaed — Taainat
‘lance ata 4, 2018 ert)
hernoe net seats
rer oer rar qs) aate
Net nae loess esoanised det inne asset vasa gr
Slush yoar I seston 2 s0 100
otal ecrgread core and apne forte year TL SASF SBT SBT EeT
Sola enargee mT
Restated Balance att ely 2018 Bases meas aon
Charges in vet eset
Suet ter they = we iso4s2 seTee4
‘ihe eng lleutable angen sible aera mast “oman "ee
Tot changss Fite eG an TT
‘lance a 20 tune 2620 TR ae or eats 18
Sos) @
uMuziwabantu Local Municipality
(Gegicision numer <zn714)
‘ents Fanaa stemars are yen‘ sae 39 se 2020,
Cash Flow Statement
Tey BE Eu
Restated”
‘Gach ows fom oparting aivitse
Receipts
‘Se a goode sr gorcea some saat
Gres onaeacan pen 758
Teta! nearre fagozeve 15240.
Payments
yea et eae 21m) (2 0
Supers ‘Panas 220) (12078 473
he sah eves ares
Teme, a2 092 #20)
Netoash flows from oneratng att we “Neen tesa
‘ach flows from lmesting act
Puranas ot rooery, ple"tand equpmert 3 gages) C123
Prootets nem ase of=rpery, pan 7d squbment 8 pupae sous ea
Purha ef aria igh seme 2 Garson
Purchases of Fartege eases Seca :
Na cath lawn from investing atvitios Bose as
France leae payments outa) (easy
Nettneraasr(deoreace)n ash and eash eautvatenss gastos) (sss)
Casha cosh equvlerts sho bog ning ofthe year soaens-eit 104724 38
(Caan an eaah quent 2 te cn of the yar 41 Tyenaaraee tea ean
uMuziwabantu Local Municipality
{Ranier nan KANDI)
‘Arvsl Final Stems ts Yar ended 3 June 2029
Statoment of Comparison of Budget and Actual Amounts
Beaten Dez Bia
Reseed Aduabreva Fel Bicgat Acslaraunis OTivence — Rataanos
cae ‘sonpatable “eee fal
aes budget and
ea
toon
venus nom nen
somsae
Sarees : . errr mer
Scr ms soma oma WES Gass Bl
Rega con Tes tss te “Goan “Sle
Sarg ctvon aaeota ticqn00y tsitna apres tam) ate
froth Seek “Woe? inex sao “we BS
Soerhcans fa Seon ae wun "Sie naum fe
Pees ements 2 Bert soaasn Gasead St
‘Setalvevanve tram axcnange —S107e He 9728306 —Gbz0E Gas eH Re MZ AO2UO GTA
trenesetons
Revena from non-carhange
‘exallon overt
Properyratce asancee = sod: zezzaane 2680) os
Prey let seen BiH alka BTEESEE “posante GSH]
Transferrevenut
Gorammantarane &subsciss 118 aveeo 1 qgacoo 125208980 a acy aus OME ARAY 1.10
res anal snd Forte erase van) 262 bee aus OSS SHH
Talal revenue am tome “TOESEETTE 366004 —TEESENT77 TGR DERG (GHED BRT
exchenge banaactins “ S
“ofa evarue BRERA Tae aaa AT aT ea_cereo ee
Expencitare
Frye lee srnera) pecan Gate) mmo 1aaTES La
Reruneair ofouneters 10 82424) qanms2d) “(e7se sedi 2086180 5.13
Depaceton are enacieancn —jaea298n) woocaus) NPSHOA (ieaeezisy 2474640 S114
Leen Re 3 m3 op) aca DD taamess) (820008) S48
inpa ania
Fant ent (asim eso 50788 (reer, ITA) SHE
(eb imosimnont Gosie) (ae ge)coMeOETT Fyaze eo esweROE) a a5
‘uk purenasee erze ns) To egraTatsH cuacsorn Taueqz 5247
Contaced Senices Geass, masse = fapsea sas) @23EBSI6) BB
‘anon an Sao ere saab. weracey 2907) sa
‘evoron const ted iestegaa zara + “ear n6o) (921 500)
araia txoenece Gesenen Guerey TIT greesa Moe 620
Tobtespentitare PRSTO7 Ace) Tee Hee GOB ee ww ny _7EeOT Tae
Operating surplvs TT aeOSE apaaT ioe TIMED IgA Ta ORT EN Taare
Long end spel of seco: are : + Nausin “asec
‘tae
(Gam are clogcal asec sna 2 + mem art
Pore pode