RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Board Report

(18.a)

result

Breaches of materiality and significance framework = 0 Achieved 0 (20) Achieved 0 (20)

Internal audit findings dealt with Internal audit reports 0 repeat findings Achieved 0 (19) Achieved 0 (19)

attendance of all Board or Committee meetings >= 80% Achieved 91.42% (18.a) Achieved 95.51% Decision making:

Bursaries employees >= 20 Achieved 22 (16.b) Achieved 34 (16.b)

2023 Performance

Graduate programmes >= 105 Achieved 132 (16.c) Achieved 158 (16.c) >=80 Achieved 278 (17.a) Achieved 358 (17.a)

Skills and capacity building Learnerships >= 65 Achieved 92 (16.a) Achieved 122 (16.a)

result

Target 2022 Performance

>= 95% Achieved 100% (18.b) Achieved 100% (18.b)

>= 2 100 Achieved 3 271 (17.b) Achieved 2 966 (17.b)

temporary (indirect) Board member

percentage number of

resolutions taken by the Board vs. number of

resolutions required

Performance objective Strategic objective Outcome/ Impact Key performance indicators Training and skills development Achieve a high performance culture Jobs created Achieve a high performance culture Permanent and contract (direct) Total number of

permanent and contract staff (direct)

Temporary (indirect) Total number of

Improved controls and risk mitigation

Improved performance of fiduciary duties/ governance

Good Governance Positively engage

stakeholder base

Positively engage

stakeholder base

Board effectiveness Achieve a high

performance culture

Effective internal

controls and risk management

13. Corporate business plan and shareholders compact (Continued) 13.1. Performance information for the year based on Rand Water’s (the entity) performance in line with the Shareholder Compact.

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