Nelson Mandela Bay (NMA)
Municipal Performance Review - 2021 Q4
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Key Financial Ratios
| Description | Norm | Municipality | Provincial Average | National Average |
|---|---|---|---|---|
| Collection Ratio | > 95% | NaN | 77.3 | 53.0 |
| Capital Expenditure to Total Expenditure | 10-20% | NaN | 23.7 | 12.5 |
| Remuneration to Total Operating Expenditure | 25-40% | NaN | 40.1 | 31.1 |
| Budget Implementation: Capital Expenditure | 95-100% | NaN | 79.8 | 80.3 |
Financial Performance
| Description | Planned | Actual YTD | Variance | Variance % |
|---|---|---|---|---|
| Operating Revenue | R0.0M | R0.0M | R0.0M | NA |
| Operating Expenditure | R0.0M | R0.0M | R0.0M | NA |
| Net Surplus / Deficit | R0.0M | R0.0M | R0.0M | NA |
| Capital Transfers | R0.0M | R0.0M | R0.0M | NA |
| Net Surplus / Deficit - After Capital Transfers | R0.0M | R0.0M | R0.0M | NA |
Capital Expenditure
The municipality implemented NaN % of the planned capital expenditure as at the end of the 4th Quarter. The Net Margin of NA as well as the funding sources influenced the municipality’s ability to spend the planned capital.
The highest capital expenditure occurred in the 1st quarter and represents 0.0% of the total capital expenditure YTD.
| Description | Planned | Actual YTD | Variance | Variance % |
|---|---|---|---|---|
| Capital Expenditure | R0.0M | R0.0M | R0.0M | NA |
Source of Funding
Borrowing made the highest contribution to capital expenditure for the YTD and accounted for NA
Cash Flow
| Description | Planned | YTD Actual | Variance | Variance % |
|---|---|---|---|---|
| Cash Flow from Operating Activities | R0.0M | R0.0M | R0.0M | NA |
| Cash Flow from Investing Activities | R0.0M | R0.0M | R0.0M | NA |
| Cash Flow from Financing Activities | R0.0M | R0.0M | R0.0M | NA |
| Net Cash Flow | R0.0M | R0.0M | R0.0M | NA |
Debtors Ageing
The municipality has a total outstanding debtors balance of R7,202.7M with total bad debt written off of R423.5M and impairment of debt amounts to R43,438.5M.
Debtors Ageing by Customer Group
| Description | Current | 30 Days | 60 Days | Over 90 Days | Total | Bad Debt | Impairment |
|---|---|---|---|---|---|---|---|
| Organs of State | R42.4M | R16.6M | R5.1M | R117.7M | R181.7M | R0.0M | R0.0M |
| Commercial | R423.1M | R58.7M | R40.7M | R1,483.3M | R2,005.9M | R0.0M | R0.0M |
| Households | R526.2M | R270.6M | R202.6M | R4,015.6M | R5,015.0M | R423.5M | R43,438.5M |
Debtors Ageing by Income Source
| Description | Current | 30 Days | 60 Days | Over 90 Days | Total | Bad Debt | Impairment |
|---|---|---|---|---|---|---|---|
| Water | R295.5M | R173.6M | R132.6M | R1,745.5M | R2,347.2M | R209.6M | R12,748.5M |
| Electricity | R247.7M | R32.4M | R21.4M | R606.1M | R907.6M | R6.5M | R7,938.4M |
| Property Rates | R226.1M | R24.3M | R12.5M | R870.8M | R1,133.6M | R47.6M | R12,707.0M |
| Waste Water Management | R108.8M | R42.9M | R30.3M | R626.0M | R808.0M | R72.9M | R5,909.3M |
| Waste Management | R44.9M | R19.5M | R12.6M | R376.3M | R453.3M | R35.2M | R3,790.6M |
| Property Rental Debtors | R2.8M | R1.0M | R0.9M | R34.9M | R39.6M | R0.0M | R344.7M |
| Interest on Arrear Debtor Accounts | R38.1M | R33.4M | R30.4M | R1,033.0M | R1,134.9M | R40.1M | R0.0M |
| Other | R27.9M | R18.7M | R7.6M | R324.2M | R378.5M | R11.7M | R0.0M |
Creditors Ageing
The municipality has a total outstanding creditors balance of R2,375.7M with total outstanding more than 90 days of R1,131.5M(47.6%).
| Description | Current | 30 Days | 60 Days | Over 90 Days | Total |
|---|---|---|---|---|---|
| Bulk Electricity | R501.4M | R0.0M | R0.0M | R0.0M | R501.4M |
| Bulk Water | R0.0M | R8.5M | R0.0M | R0.0M | R8.5M |
| PAYE deductions | R48.5M | R0.0M | R0.0M | R0.0M | R48.5M |
| Trade Creditors | R368.1M | R311.4M | R6.0M | R1,131.5M | R1,817.1M |
| Auditor-General | R0.1M | R0.0M | R0.0M | R0.0M | R0.1M |
Disclaimer: The analyis was caried out on the Quarter 4 Reports obtained from National Treasury and they are publically available. We do not provide any assurance on the accuracy of the data, reporting or analysis.