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

2022

Total

Gauteng Mpumalanga North West Free State/ Other

Water debtors Potable Water

3 508 372

471 382

48 929

33 317 4 062 000

Non‑potable Water

-

-

-

-

-

Recoverable Projects

16 606

127 402

-

-

144 008

Other Receivables

-

4 672

-

-

4 672

Interest not recognised

(66 020)

(64 589)

-

(473)

(131 082)

Revenue not recognised

-

(350 176)

-

-

(350 176)

Total Receivables

3 458 958

188 691

48 929

32 844 3 729 422

Add: Credit Balance

-

4

-

-

4

Gross Trade Receivables

3 458 958

188 695

48 929

32 844 3 729 426

Expected Credit Loss Potable Water

(914 952)

(52 556)

(140)

(7 443)

(975 091)

Non‑potable Water

-

-

-

-

-

Recoverable Projects

(10 357)

(109 668)

-

-

(120 025)

Other Receivables

-

(3 907)

-

-

(3 907)

Total Expected Credit Loss

(925 309)

(166 131)

(140)

(7 443) (1 099 023)

Net : Trade and other Receivables

2 533 649

22 564

48 789

25 401 2 630 403

Trade and Other Receivables Performance Performing

679 364

13 022

48 929

15 907 757 222

Under Performing

1 415 219

-

-

-

1 415 219

Non Performing

1 023 702

516 346

-

16 937 1 556 985

Gross Trade Receivables

3 118 285

529 368

48 929

32 844 3 729 426

247