annual report 2010 - 2011 - Intsika Yethu Municipality

Intsika Yethu Municipality
Appendix E(1)
June 2011
Actual versus Budget(Revenue and Expenditure) for the year ended 30 June
2010
Current year Current year
2010 2010
Act. Bal. Adjusted
budget
Variance
Explanation of Significant Variances
greater than 10% versus Budget
Interest received - other - - - -
Dividends received - - - -
Expenses
116 180 638 - 116 180 638 -
Personnel (42 290 416) - (42 290 416) -
Manufacturing -
- - - -
Employee costs
Remuneration of (10 877 366) - (10 877 366) -
councillors
Administration - - - -
Transfer payments - - - -
Depreciation - - - -
Impairment - - - -
Amortisation - - - -
Impairments - - - -
Reversal of impairments - - - -
Finance costs (4 197) - (4 197) -
Debt impairment (7 062 239) - (7 062 239) -
Collection costs - - - -
Repairs and maintenance
- - - -
- Manufacturing expenses
Repairs and maintenance (8 422 481) - (8 422 481) -
- General
Repairs and maintenance
- - - -
- General
Bulk purchases (352 225) - (352 225) -
Contracted Services (218 255) - (218 255) -
Grants and subsidies paid - - - -
Cost of housing sold - - - -
General Expenses (32 962 560) - (32 962 560) -
Other (taken out of
- - - -
General expenses)
Other (taken out of
- - - -
General expenses)
Other (taken out of
- - - -
General expenses)
Other (taken out of
- - - -
General expenses)
Other (taken out of
General expenses)
- - - -
Other revenue and costs
(102 189 739) - (102 189 739) -
Gain or loss on disposal 23 233 - 23 233 -
of assets and liabilities
Gain or loss on exchange
- - - -
differences
Fair value adjustments - - - -
Gains or losses on
- - - -
biological assets and
agricultural produce
Income from equity
accounted investments
- - - -
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