RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023 Notes to the Consolidated Annual Financial Statements

5. Intangible assets

Figures in Rand thousand Group

2023

2022

Cost / Valuation

Accumulated amortisation

Carrying value

Cost / Valuation

Accumulated amortisation

Carrying value

Computer software

236 012

(195 208)

40 804 225 331

(181 492)

43 839

Assets under construction

66 032

-

66 032

60 584

-

60 584

Water use license

131 793

(90 021)

41 772 131 793

(87 575)

44 218

Servitudes

160 930

-

160 930 138 377

-

138 377

Total

594 767

(285 229)

309 538 556 085 (269 067) 287 018

Figures in Rand thousand Group

2021

Cost / Valuation

Accumulated amortisation

Carrying value

Computer software

237 306

(191 692)

45 614

Assets under construction

39 994

-

39 994

Water use license

131 793

(85 129)

46 664

Servitudes

131 197

-

131 197

Total

540 290 (276 821) 263 469

Figures in Rand thousand Rand Water

2023

2022

Cost / Valuation

Accumulated amortisation

Carrying value

Cost / Valuation

Accumulated amortisation

Carrying value

Computer software

236 012

(195 208)

40 804 225 331

(181 492)

43 839

Assets under construction

66 032

-

66 032

60 584

-

60 584

Water use license

131 793

(90 021)

41 772 131 793

(87 575)

44 218

Servitudes

160 930

-

160 930 138 377

-

138 377

Total

594 767

(285 229)

309 538 556 085 (269 067) 287 018

Figures in Rand thousand Rand Water

2021

Cost / Valuation

Accumulated amortisation

Carrying value

Computer software

237 306

(191 692)

45 614

Assets under construction

39 994

-

39 994

Water use license

131 793

(85 129)

46 664

Servitudes

131 197

-

131 197

Total

540 290 (276 821) 263 469

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