RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Notes to the Consolidated Annual Financial Statements 8. Trade and other receivables (Continued)

Figures in Rand thousand 2021

Gauteng Mpumalanga North West

Free State/ Other

Total

Local government/Municipalities

1 895 839

90 572

42 409

22 352

2 051 172

Mines

5 501

1 904

19 064

-

26 469

Retail

28 278

154

3 031

36 850

68 313

Industries/Railways

4 602

-

-

-

4 602

National Government

38 955

1 776

102

2 960

43 793

1 973 175

94 406

64 606

62 162

2 194 349

Non‑current assets Local government/Municipalities

149 071

-

-

-

149 071

2 122 246

94 406

64 606

62 162

2 343 420

A detailed analysis of trade receivables is presented for Rand Water (the Entity) below:

Figures in Rand thousand NATIONAL GOVERNMENT

2023

Total

Gauteng Mpumalanga North West

Free State/ Other

Water debtors balances Potable Water

10 019

-

-

-

10 019

Non‑potable Water

-

-

-

-

-

Recoverable Projects

39 049

12 187

749

12 229

64 214

Interest not recognised

(562)

-

-

-

(562)

Revenue not recognised

(73)

-

-

-

(73)

Total Receivables

48 433

12 187

749

12 229

73 598

Add: Credit Balance

767

98

-

-

865

Gross Trade Receivables

49 200

12 285

749

12 229

74 463

Expected Credit Loss Potable Water

(5 162)

-

-

-

(5 162)

Non‑potable Water

-

-

-

-

-

Recoverable Projects

(33 420)

(10 514)

(641)

(10 466)

(55 041)

Other Receivables

-

-

-

-

-

Total Expected Credit Loss

(38 582)

(10 514)

(641)

(10 466)

(60 203)

Net : Trade and other Receivables

10 618

1 771

108

1 763

14 260

Trade and Other Receivables Performance Performing

7 471

-

-

-

7 471

Under Performing

1 909

-

-

-

1 909

Non Performing

39 820

12 285

749

12 229

65 083

Gross Trade Receivables

49 200

12 285

749

12 229

74 463

241