RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Notes to the Consolidated Annual Financial Statements

4. Property, plant and equipment

Figures in Rand thousand Group

2023

2022

Cost Accumulated depreciation and impairment

Carrying value

Cost Accumulated depreciation and impairment

Carrying value

Land

13 378

-

13 378

13 343

-

13 343

Buildings

2 620 645 (1 206 099)

1 414 546 2 391 646 (1 149 970)

1 241 676

Plant and machinery

6 320 244 (2 423 921)

3 896 323 5 692 536 (2 265 864)

3 426 672

Furniture and fixtures

53 422

(42 988)

10 434

47 142

(38 145)

8 997

Motor vehicles

216 039

(94 622)

121 417 193 665

(86 233)

107 432

Office equipment

127 589

(102 381)

25 208 128 915

(94 630)

34 285

IT equipment

183 148

(127 760)

55 388 161 353

(105 399)

55 954

Major spare parts

1 400

-

1 400

38 582

(25 324)

13 258

Pipelines

13 860 771 (2 326 754) 11 534 017 12 549 312 (2 043 439) 10 505 873

Right of use asset

2 315

(197)

2 118

4 321

(4 277)

44

Assets Under Construction

12 403 314

- 12 403 314 12 846 935

- 12 846 935

Total

35 802 265 (6 324 722) 29 477 543 34 067 750 (5 813 281) 28 254 469

Figures in Rand thousand Group

2021 Cost Accumulated depreciation and impairment

Carrying value

Land

13 343

-

13 343

Buildings

2 296 809 (1 077 630)

1 219 179

Plant and machinery

5 089 287 (2 091 557)

2 997 730

Furniture and fixtures

45 986

(36 533)

9 453

Motor vehicles

192 498

(78 806)

113 692

Office equipment

108 615

(80 254)

28 361

IT equipment

161 198

(129 946)

31 252

Major spare parts

15 407

(2 149)

13 258

Pipelines

9 725 628 (1 844 626)

7 881 002

Right of use asset

4 321

(2 985)

1 336

Assets Under Construction

14 205 715

- 14 205 715

Total

31 858 807 (5 344 486) 26 514 321

222