KZN245 Umvoti AFS 2019-20 unaudited

1.8 MB·

UMVOTI LOCAL MUNICIPALITY

Annual Financial Statements
for the year ended $0 June, 2020
UMVOTI LOCAL MUNICIPALITY
(Regrtelon tuber KANZAS)
‘Anna Finanl Sterents or tne yoor ered 30 se, 2029

General Information

EXECUTIVE coNMITTES
ayor Te Nqubane (an

1 easlene (ety Mayer)

W so (Spas)

LT Gaol Ex Member)

SV Zend (Ceco ember)

FR Nahera (Exec Nomber)
councilors 2D Madonaala

JhIMwel Deceased 05082020)

NP Diamin

Mo Khare

um bien

MS Zora

19s Yengun

ise

ZONgerax

anid

oN tice

F Mayet

2 Matambe

PAS Naukare

Pr Zuma

Mahara

SELambatte

PC Masurcie Raslgred “3 Lanusey 2020)

‘GRADING OF LOCAL AUTHORITY rede 3
‘CHIEF FINANCE OFFICER (CFO) 8 Mut Ms
ACCOUNTING OFFICER, TR Niue)

REGISTERED OFFICE “418at Sued Kg Dinas
Greytown
od

aupirors ‘The Autor Ganoral Sout Ate
UMVOTI LOCAL MUNICIPALITY
(Registration nuber KZNZAS)
‘val Prantl Stennis the year enced 30 June, 2020

“Tha roports and satorces cet aut balow comprise the anual finertalestomantspreseste the Counc

Page
‘Acoourtng Cfcar’s Respenalet 2
‘Aus Cern las Roper a
Staten: af Fanta Potion 5
‘Statomant of Finance! Parernares 6
‘Statement of Changes In Not Asta 7
‘Gae1 Flew Satsment *
‘Stotamantof Companson ot Bug sn Asn! Amounts oat
‘courting Plies ar
‘atae tothe AnnvelFinendlt Stataman's 28s

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ur \Uoerrployres Insurer: Fut

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so ‘hls Cavelopmant Levy

MscoA Municipal Sterol Chars of Accounts
aA ‘unpalrna ze Management ct

mis Municip nkastuctue Grant

pave Pay Ae You esmn

PPE Properly Pll an Ear
UMVOTI LOCAL MUNICIPALITY

Rein nur KZN
SSRIS Stoners rte yom ond 20,2000

Accounting Officer's Responsibilities and Approval

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‘urarcs jee rah ater or cobs)

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‘evga th tent rani pesto, eh eed tat ho ruil Rao o hay tomes i cag rane
‘arin in cpa nase fro route rs,

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datos. Tho rma franca ttsmarts waist rmiiOpeMA weemel SURO tha apt = OB
to re ceurl up oor

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UMVOTI LOCAL MUNICIPALITY

Gecatretan mea KIRA)
‘Amun Pind teternds rb yoor ended 8 une, 2020

Audit Committee Report

‘Wo a loosed wo proeent ou ep frne brani
A corntoo mares and taeaancs

and June, 2020,

"The au contites consis ofthe married herenneer an shoul meet es pe anu as perio ebro

‘ame ofetronce Dur he cer vaer Sst ware Fae
Name of ment.

MZ, Za (Grameen)

Sew odtiee

rages

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‘Aud comeitesrxpoeslity
‘To aut commaos rep tht thas compe Wah is reqprmltos esas am aceon 162K} othe MPAA

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‘hs regudlwiaks in crrptanes wh ib chart ang Naw diecherged alin raapeswbes ob canaran hos

“The efacdvanane ofttemal corre

“Te Aut Gommideo st contin ho work perfor by nema eu ono guar bas a roviewsd tris an
‘ama coco. Tha Au Conti no thet tere nas bzon provera ham cone ino reas ot area
‘eportng,pomarce repcrny ard comnlarce wh ogksie. i ra ult Santon G21 ofc EMA nares
‘meviesthe Ava Garmfes and ucrogomart wih roapeaabc axeurmnce ta oral oa are eigen ah
ese. Thin chivad ty sn apfroved ek boa! sri Rl aral uch aseoelg We eaemuicy cf caralk
‘nflgg the foe sad fs Ava Gonmtioo mantrngImporeMsdor of cated ion

Report of th Author: Genera outh Abts

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‘esioned ths AGBA 20109 FY wanagened repertend management sans thers,
‘27 arty bose revaned he mincpl depatmert plementation plan rahe enans med in the per ar
[valueion of annual ancl waernes
“Tha md corte ae

reed and cescod tm aed anual teal ment

"avawedcherigeain accaurinypalees ane patios.

‘Stewed moneys corploncs wh gl en gd Foo;
‘owe age aohchori rng fee mi

‘Tee nana! atereris ao propredin accordant Sut Aican Standard of Generally Recognised Accanting
Fro (SA tanec GRA and mt nner rated by Mpa ere Msigerert i rd Ohidan a
rum ae

Intamatawet

‘The aul conmitoe ise tht hs tera ult unto le operating act and rehash sd Rc
beret eth rmrldpaty ante au,
UMVOTI LOCAL MUNICIPALITY

(Rogiaeton numa KZN2'6)
‘Anal Financial ser’ forthe yess ence June, 2029,

Statement of Financial Posi
Figure ia Rand

Aaxats

Current Aceete
Inventnos

‘Sir recavables

Receivable rom exchange trensscibne
Receivables fom non-enchange transactions
Gash ad rah salons

Non-Currnt Asaots
Bloksical esas

Tews proty

Property, prt an e9 pent
Irtngiso seats

ote asso

Tots aazes

LUabities

‘Curent Liabiiles
Advances -Ageney! Prac letionstiptananctions

Payahles rm exchenge tanscatons

‘AT payable

Sensumar deposits

Payables om non-archange tonscdtions Unspent consoral rans
=mpleyeo bereft crigston

=rpleyae bereft coigaton

Total Lisbinies
Accumulated surplus ane roses
Houseg apersing22c0unt
ooumuletd aul

Tofat Not Anseta

nas at 30 June, 2020

Wee

220

2anus
azaisa70
20'904.900
58'507 51

34,807,502

s5.s7e1c
es 04n.000
a7.170838
‘0800
‘8600,
a9, 958,168

8.60
20.417 200
23420388
sa.ezgs2e
‘ij¢c0
‘een cco

son.4s7260

2yardoo
+4200:000

76,065,000
28 50,608
Bie c2as72

son
e.017.401

Tere.004.027

ested!

1.908873

8.6714
assent
Yeoisaue
12953.530

sogniza7
55}083.000
angst re8
‘asi
355.590
wasn ait
eR. 071 087

arsss6
anatase
2865
e516
2485

74086095

2.122200
5.965.088

ores
702,164.20
379.506 058

690"

379.006 858
UMVOTI LOCAL MUNICIPALITY

‘Romit/aton nuniber KZNZAS!

[anual Frail Staterens othe yoo ned 30 une, 2020

Statement of Financial Performance
Figures in Fant

Revenue from exchange tanesetione
‘Senioa charges

enfa of eli and equines
terest reeled -curen aout
Agency earvioes

nen as pe

‘omar ncom

Innes earned

Total revenue from exchange transactions

Faxation revenue
Proper 298

Propet ees wena inoosed
Teaneferrevenue

CCoveramant rare & cubes

Fines, ponaltis and forts

‘Total revenue rom aan-exchenge tonaactiant

Expenditur
Engloyerrbted wosts
Remunerator of councilors
Deprasior and amarésation
Debt npalirant

Bok purchases

Donmacted serdona

Incigne support
Goneealenganses

otal expenanure
Operating deftoe

sss en espana of aes
Falrvalue adlusrners
Actual sin! es#95)
Ipainert as

‘surplus tor the year

Reety 2020
ats
722876

esrget

sr4sis00
44ca787

2 Renate
7S Agee
Fa63.834

24 ab,ces.708
24 “ouo8
25 -se.sa5,o40
2278 198

206,857 005
‘05,680,874

25 700467
2 -cez01
2B ananzee
zane
at Faeroe
1 g3.ce2736
82 aasesace
2eseuts

a aaaseata
99,588,002
922728)
1327404)

a8 sare2.o82
18 “denne
6.228)

0940, 050

aaa
Restle?

11495 364

2086, 182

9.988241
148,036,

52960200
Tiaana701
203,172057

sou oot

9906.701

247406
19340,795
snateae
5,000,656
sent

9.029 822

7.082208)
Ass 426)
tan229a2
fesrzeaey
UMVOTI LOCAL MUNICIPALITY
(Rositraton eunbar KEN248)
Renual Francia Sstements or the yoor enced 20 une, 2020,

Statement of Changes in Net Assets

Kouslng —Aucurelated Toll net

operates "cum ‘eee
Figuesin Rane ecount

‘Gpe ate totance a8 prev uy reporter te Note 4a 5.540.750 560,652.65" S79,108.04
Racsiments

arecton of erors 40647 408.347
Balance at 4 July, 2018 a6 retated™ 3843753 574,200,990 677,904,661
CChangee In nat asars

Surplus forte yo = 2fuzzor—2anza07
Frtresttreter ora er 2im1 :
Housing prec: (ssious) — aaenes i
Total changer (G56) sso 200207
Restated! Balance at 4 July, 2040 21 670,g99.928 | 575,906860
ranges net assets

Surplus for die wear ae.rirgse 36.117 862
Tal changes 38,:17.062 _S8.117882

Selanee at S0June, 2020, O1T.901 616.024 22

Nereis)
UMVOTI LOCAL MUNICIPALITY
(etic ure F2NEAS

‘Strand Sts th yor ended 3 Jun, 220
Cash Flow Statement

‘Gauh Mowe trom operating activi

Receipts
Recelrs rom rtepayere, consumer eebor and cers
overran arts

Inrestincars

Payments
Employees ara counciea
‘supers

Finance wast

er cashflows trem operating settles

‘Cec ows torn tnveting act
Purerase of ropes, pln and ec pert
Proceeds fom. eee propery, plrtand exulsment
Net eagh tas fram Investing stiles

Recelps om pra nage penta trangements
PPymnert mage on Eat prrtpls 1 agency! pancpal arrangements

Nel ess flows from Rnancing setiviien

Nol ineroasei{decroas) In cash and cabh equlvalonts
(Gash and cash equveans athe beginning ofthe yest

Cech and cosh equvelonts atthe end ofthe year

ieee

0

200

ts2aee.o4
197.696000
1,994,178

322.496,300,

(a27.181,477)
(2s.515.058)

(@rasenTe7
20.642

@reee792,

(24,960,732)

eu
7a.68,538)

6.37302

aanag12
12089558

30,087 851

Rectan!

vunateres
erazaei8
1,958,050

aa. 26%

ris28.420,
02.482.198)
12.847450)

(2a. 588.106)
203157

(sates)
e396

(1.601.358)

28st 251)

4.094649)
13 748,182
12853.519
UMVOT! LOCAL MUNICIPALITY

‘Rosiaton numb KZNZes)

‘anal Fine Stterants rth year anded 30 June, 2020
Statement of Comparison of Budget and Actual Amounts

Budget on Acerusl Bal

pure in Rend

Statomentof Financial Peformance

Revenue
Revonuo from exchange
Unneactone

Saves charges
Fenian euler
rte sein trac)
‘Agancy sunieoe

Licore9s and permite
fermen = rn)

Total

evens from nor-avchange.
transactions

Propenysstos
Propet rates

Propet les - ple iooset
Govarnren rae & cubed
Fines, Persie and Forts
Total

Total vena

Expenavure
Personnel

Remuneration cunts
Depreition and arerisaton
Inpalmort ss Ravereto*
patie

Faron eos,

Bulk purchases
edge elt

Operating eet
Logs en alspaal of azets ana
fete

Far vee oaustrente
Sewsral gas fortes)

Surplus

Agpravec —Adusimens Fil Suga! Acuslamaunis Difoenct Reference
Buea! ‘en conparatle batwsen fal
ise bulge and
‘eh
87651204 12,990,000) 35551208 sage? (LEEIET) ae
‘arsraoa (@on00g) 787.808 «aggre AT 52
: cence) 6a7mer gaa
I syadisay—asaeson a
aamodsT —oansaz) 288305 THn7E7 —EOA128) a
Sasa aaaveT 88740 Gazcetg NATH? Ses
eases susan 2685208 onan (081991) 523
YoR035307 — FEA00I7S) 08234852 vaeseM 308,009
42stgoo0 = Motes sasca Tee Nes as
zamagn sone 2808009 beers BRINE SE
rany7an (re.1@%cco) 10599000 rssanezi0 808.760) 527
205420 (116.844) 9.908 a73.-46 2MBS.S5O 62.8
2eneszave (7.000844) 715,807.54 20697.043 @aanerT)
SS7627805 (75401210) 14225508 OS64NRTA (6,505,712)
(121140208) s.886223 HH ASSBe0) (rir osaser) BRIO 52.9
foamasn ——ienees (10102885) ‘ao t2ezct) (18646) saa
fagarazu aBt7712) BANTER) ar zinaey BIER E210
(1200.00) * 2800.00) “oosaaee; 384098 aati
= jaeerace) 2887929) wevzsm ste ga2
(9880235) = GBSS22) GaH2.7%8) — BBNST ts
(ao.soa7es) | 4.ztess6 48.203.257) (aaecarses) —3eRB6R Ba Ht
(2276) 12407I) (448850) “eensars) 1SsLaSS £215
208.150) 7O7219) GATEAT| GaoItse| srst9I sate
71S T0650) 1,988,005) (OF, TBSNR) (09,800.208) 7,208,858
‘REBEL 97 — 26,750,284) (2929797) 14248364) {1.310.057}
- + parang) nerane
. = sarezen2 sezsz002 —saa7
i + Abitees 481068 IF
7 5 7,386,318 0,586.510
eran ay 82a 2I7) 36,117,982 FO. 250
Dsas0947 26.TO02Aa (2970707) 98,117,982 29,087 258 ~