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 (Continued)

Reconciliation of intangible assets ‑ Rand Water ‑ 2022 Figures in Rand thousand Rand Water

Additions Disposals

Transfers Amortisation

Total

Computer software

4 494

(167)

6 008

(12 110)

43 839

Assets under construction

20 590

-

-

-

60 584

Water use license

-

-

-

(2 446)

44 218

Servitudes

-

-

7 180

-

138 377

25 084

(167)

13 188

(14 556)

287 018

Reconciliation of intangible assets ‑ Rand Water ‑ 2021 Figures in Rand thousand Rand Water Opening balance

Additions Disposals Transfers Amortisation

Total

Computer software

58 189

134

(114)

781

(13 376)

45 614

Assets under construction

26 101

-

-

13 893

-

39 994

Water use license

49 102

-

-

-

(2 438)

46 664

Servitudes

123 867

-

-

7 330

-

131 197

257 259

134

(114)

22 004

(15 814)

263 469

Figures in Rand thousand Rand Water

Group

Rand Water

2023

2022 Restated *

2021 Restated *

2023

2022 Restated *

2021 Restated *

Reconciliation to Statement of Cash Flows Total acquisitions 5 933

25 084

134

5 933

25 084

134

Acquisitions not paid

(5 448)

-

-

(5 448)

-

-

Acquisition of intangible assets

485

25 084

134

485

25 084

134

Transfers

Transfers includes the transfer of assets between property, plant and equipment, intangible assets and non‑current assets held for sale.

236