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 LOCAL GOVERNMENT MUNICIPALITIES

2023

Total

Gauteng Mpumalanga North West

Free State/ Other

Water debtors Potable Water

5 219 447

603 999

45 238

72 156

5 940 840

Non‑potable Water

-

-

-

-

-

Recoverable Projects

14 282

127 402

-

-

141 684

Other Receivables

-

6 299

-

-

6 299

Interest not recognised

(123 986)

(140 017)

-

(2 744)

(266 747)

Revenue not recognised

(86 643)

(367 302)

-

(21 868)

(475 813)

Total Receivables

5 023 100

230 381

45 238

47 544

5 346 263

Add: Credit Balance

-

4

-

-

4

Gross Trade Receivables

5 023 100

230 385

45 238

47 544

5 346 267

Expected Credit Loss Potable Water

(1 371 074)

(71 543)

(182)

(27 025)

(1 469 824)

Non‑potable Water

-

-

-

-

-

Recoverable Projects

(12 330)

(109 988)

-

-

(122 318)

Other Receivables

-

(5 335)

-

-

(5 335)

Total Expected Credit Loss

(1 383 404)

(186 866)

(182)

(27 025)

(1 597 477)

Net : Trade and other Receivables

3 639 696

43 519

45 056

20 519

3 748 790

Trade and Other Receivables Performance Performing

1 517 587

13 072

45 238

16 475

1 592 372

Under Performing

1 688 455

-

-

-

1 688 455

Non Performing

1 817 058

217 313

-

31 069

2 065 440

Gross Trade Receivables

5 023 100

230 385

45 238

47 544

5 346 267

242