RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Statement of Financial Position as at 30 June 2023

Figures in Rand thousand

Group

Rand Water 2022 Restated *

2023

2022 Restated *

2021 Restated *

2023

2021 Restated *

Note(s)

Assets Non‑Current Assets Property, plant and equipment

4 29 477 543 28 254 469 26 514 321 29 510 351 28 287 834 26 548 239 309 538 287 018 263 469 309 538 287 018 263 469

Intangible assets

5 6 7 8

Investments in subsidiaries

-

-

-

8 580 3 866

8 056

7 927

Loans receivable

3 866

397

463

397

463

Trade and other receivables

102 948

84 431 149 071 102 948

84 431 149 071

Investment in bonds

9 2 116 290 1 475 403 592 800 2 116 290 1 475 403 592 800 32 010 185 30 101 718 27 520 124 32 051 573 30 143 139 27 561 969

Current Assets Inventories Loans receivable

10

174 343 169 860 167 341 174 343 169 860 167 341

7 8

4 356

1 063

1 337

4 356

1 063

1 337

Trade and other receivables

4 226 093 2 960 502 2 395 303 4 229 053 2 964 892 2 395 057 114 702 102 553 108 490 114 702 102 553 108 490 2 815 208 2 289 394 1 394 102 2 815 208 2 289 394 1 394 102 13 4 896 630 4 912 560 5 618 994 4 884 128 4 902 359 5 607 809 12 231 332 10 435 932 9 685 567 12 221 790 10 430 121 9 674 136 11 12

Contract assets

Term deposit investment Cash and cash equivalents

Non‑current assets held for sale and assets of disposal groups

14

82

156

12 160

82

156

12 160

Total Assets

44 241 599 40 537 806 37 217 851 44 273 445 40 573 416 37 248 265

Equity and Liabilities Equity Reserves

138 155 151 654 205 059 138 155 151 654 205 059 35 540 357 32 004 606 28 542 380 35 573 905 32 038 729 28 577 079 35 678 512 32 156 260 28 747 439 35 712 060 32 190 383 28 782 138

Retained income

Liabilities Non‑Current Liabilities Interest bearing borrowings

15 16

3 154 819 4 384 355 4 383 710 3 154 819 4 384 355 4 383 710

Lease liabilities

1 565

-

-

1 565

-

-

Retirement benefit obligation 17

-

22 634

17 345

-

22 634

17 345

Deferred income

18 19

129 391 134 865 138 755 129 016 133 539 136 279 89 163 3 402 019 4 644 762 4 628 973 3 401 644 4 643 436 4 626 497 116 244 102 908 89 163 116 244 102 908

Provisions

188