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uMuziwabantu Local Municipality Annual Financial Statements for the year ended 30 June 2013 uMuzlwabantu Local Municipality Fann Steiemencetov he yor ane une $0. 2010 Ganeral information tease ap es) Yay nel (epee Wigton art Tats ‘Rote tcel mers New Cooter my) Sr Qgencnatnmt eet 218 3 Aap uttuznapants Local Municipality Finanaar stent ee enced Jn 90,2018 Index PAGE “The reo und statment set cu blow corps he tnanel semen Senki th provincia genus: Accourtng Ofer’ Ragponales sx Approval ‘tstamentofFinancll Posten ‘tater tof Flnanaal Perfomance Statement of Changes net Asses (cash Flaw Saemant ‘Stotemant of Budget Comparer Appropriation Steerant Accounting Paces Neteo te he Annual Finan’ Sterements Appa: Et Act yrs Buje (Rover and Experts} ‘Append: Analysis o Propet anand Eaulpmart -Appenso:F: Olcioautes of Grane on Subsidies in Treo he IMunopal Hanne Management Set ABBREVIATIONS ‘pea. corel Roongrid AcountnaPaetoa Trae Irarataten of General ects HrcurtingPrcten Nee Inegeed Nal Coven Pree ue Unemperant surrce Fund SOL Sls Devaopient Lay FRA ipl nanca anager A Pr ence Manngeme Gt ene Srp Pale Wave Preyanme ScOK pa Son art of scum Dera Diver otravenue Ac South afncan evan Sauces ‘uMtusiwebontu Local Munlepaley Finan Stare forthe year ede Juve 20,2529 Accounting Officer's Responsilltles and Approval a regatta ie neler outer ee FS a eoanrg ms erase al oe ese here eso eal ag tl Sbutreaeteee arent laps ol er pod tee The oon uals segues Ioeipear an raga aren nts Sirs tr panned oa na ne At cexprosr tpn dei bynes mrtpsin ea pas teenporn ating cena orl erent. asa ee wieattna pees tn ot ie se lt sng ek at acerca Inn ze Ine oe bln a gis in see {el aon tee carting reece i betas ato ee oh Thee wiles red huge La tapi andl ores ea sed wi Uw ie dee ners! Vara hacenaccora.cet ne mara te ctv soem ee "open ha vl aneurin wars La ryan, oven nous ‘ng an me sos Ld Wane, Whe opemang et ann Phan, oa hy ‘Sensis -nur RU Ua pie ns, on, opens ee ee a The ean Getic, sd rene alr any motores ‘a deol ln meet Maialiye cz ctx: 999 ae 8 ain iste i i uo lpr, elise ae ancnras Lg ey ei Secon 2 fhe arops ance rmperae seth regen ae i! ee ste nine nate meuere apd nSean Pe rend man th re sun ot ae uMuzivabantu Local Municipality Financ Starner fr the yaar ended June #0, 2016 Statoment of Financial Position ae at June 30, 2018 me ban) ett Restated” anes Curent ascete Inventory 7 rasaaz 928-251 FRece'vabls from exchange ransectons a 7003 964 9735 192 Fase vebas fom Non exchange ansactions 3.088 758 7098 121 WAT race vabe ci 4409 64% 3.408 392 Cash snd eesh ecuvetents 1" 168 627 81 164724 388 7185 297 007 761 240-3483 Non-current sanets Investnant Proparty 2 27c2000 2 £02 000 Prupurty, plant end equipment 5 312310 288 zrare a9 Intangito Asest 4 981 240 1282 128 Plantston Investment e a7 81016 11485 043, 353 725 244 375 042 900 Total Assets 339080 251 406 285-243 Licbitties Current fables Finanoe Lease Lat, 13 west 331 689 Unspent grant and receints 14 4851 085, ete 586 Payables irom exchange taneactions 16 11613897 14.857 407 Coneurmer seposie a 555 473 973201 rie s7 22040 840 Non-eurcent Heblities Finanes Lease Linbity 8 a1036 eaarz Praviions 5 asi7ara 4725456 Eipleyes beneft obligation 5 Toward 5.506 71 625 395 9 782 03 2B TSS 222 BEATE Net aasets SO SAT OD Baas a0 Not arsete Roverves Rovalutizn reson 2 53515989 52515909 eoumulsted Sursias 456.601 004 410.243 440 Total Asscte Bi SAT OT HD AH ‘uMziveabantu Local Muntelpalisy Fhianc al Sttemants fr the year ened Jne 3, 2670 Staternant of Financil Performance 200 ae nee Recinas* Revenue venue fom exchange transeetions ‘Afferestalon Scheme Sales ers 836 7 s02.4s2 ‘Serica cargos 22 ar7425 a9 035688 Renla er facie ane equipment rr 2ag9s 81 soz Leger ane etre 2036 mS + ee 0 Other Income 2 70791 con 61 gency earvicas| Basie arr 738 Inleest recaived- investments 8 wbre668 11 275908 Total revenue from exchange transactions we aanTe Revenue from nomexchange transactions ‘Toxston revenue Provery rates a aasismer 27220680 Property rates-pensites peed a 227408 1 a3 502 ‘Transfer raver Govarrmant grants and subsides 2 sezgan = sgn 071 Capial giants 28 23208707 24.482 906 Fines 288.080 15.200 Total revenue from non exchange tranasetions Taper 510 1a 267 900 Total revenue 2 EBSD Est 204 7082 Expenditure Employes rlaed costs a (et e06.442) 0522285) Remuneration ol Gauci 38 wasgaaas) (8 $88 azo) Afforestaion Scheme jeerl wxpancos 28 (aan; (4496.13) Afforestation Scheme east f sales (4585208; (3.036 175) ‘eveevation and areriaion| 2 (iS0a¢989) 11907 162) Eran ets 2 (73087) (1005 484), Operating eae ce beszr0) (222 482) Debtirpaiment ca (eameoss) (S083 72) Irventaty eos 7 fisozre (isseayry uk purchases a (a 101 590) (aR T65 SH (Contact eervions 3 (14408791) (@a02 102} Translate and subsiding a8 2251082) fy eizsm) Operational expenses 2% __gsgso08a) (25830 aari olal Expandikure [169 724050) {150 4x7 687) Operating surplus 39196 608 SS 740585. Loss on Digpsal of asset: (298 28) (489.205) ranges in value ef plamtaton 3 6.328 174 3576 100, ‘Surplus forthe year aS 164250 95.072 240 uMuziwabantu Local Muni pality Financial Statsments for the year ended June 90. 2019 Statement of Changes In Nat Assets Revaluation Accumulated Total nat Reserve ‘Surplus! assets R R R Balance at 01 July 2017 - (Restated) 53515959 358079585 411 505554 Prior Year Error 64 (4108386) (4.108 386) ‘Surplus for the year 56972240 58-972 240 Total changes: Ba515 969 410843 440 asa 450 409 Balance at 01 July 2018 53515969 410943440 464 459 409 Revaluation of Property, - : : Prior Year Error 54 723.371 723371 ‘Surplus for the year - 45164250 45 164250 Total changes ‘BS 518 569 456834 061 510 347 029 uMuziwabantu Local Municipalty Financial Statements fer the year ended June 30, 2019 Cash Flow Statement _ _ Notes) 2019 2018 Restated Cash flows from oparsting activities Receite Sala of goods ene services 70 208.398 70 166 782 Grants 118474 235 120 588.229 ther receipts 18310 598 42172 300 Other cash ite 7202 083252 BOE O26 OF Payments Eniployee Costs (72.485 347) (68 395 854) Supplier: (7274785) (83.664 364) Finance costs (799.087) en17 787} ‘thor each itams (7084 472} (8938 743) ssa ea] Prat asa 0a [Nat cash tlows from operating activlias 30 47 502 503 74871 989 Cash flows trom investing activities Purchase of property, plant and equlpment a (47-661 395) (28 600 349), Prooaeds fom sale of proaerly plariland equipment 3 761 283 a9 685 Proceeds fom sala on Investment property 2 - Purchase of afar intangible assets 4 - (131 878) Movamert in plantation investment . - Purchase of other assels : . Net eash generated from (utilised in) Investing activities (46800402) (9 191 243) Gosh flows from financing activities Repayment of other nancial labiltlae - Finance lease paymonts (799067) (947 397) Other cash liem . Net cash flaws fram financing activites (7es067) ea ST Net Increassiidecrease) in eash and cash equlvalants (98576) 34 708.316 Cash anc! cash equivalents at the beginning of the year 164 724.388 129 981 073 Gach and cash equlvalente atthe end of the year 11 ‘184 627 811 16a 724 388 RSLS! RNR we ene WoL SH SRoRaNS ones see ease 28.9 ores ace sdaiptsem ues) Wiusaee womowse womans ovoworsze eyes soautnatr ete jueves arsebosess§ aeesceat? 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