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 RETAIL

2022

Total

Gauteng Mpumalanga North West Free State/ Other

Water debtors Potable Water

29 388

53

476

348

30 265

Non‑potable Water

430

-

-

26 101

26 531

Recoverable Projects

170

-

-

-

170

Other Receivables

31 333

42

-

-

31 375

Interest not recognised

(863)

(1)

(12)

(22)

(898)

Revenue not recognised

(3 029)

(5)

(57)

(102)

(3 193)

Total Receivables

57 429

89

407

26 325

84 250

Add : Credit Balance

982

-

-

-

982

Gross Trade Receivables

58 411

89

407

26 325

85 232

Expected Credit Loss Potable Water

(8 308)

(11)

(118)

(210)

(8 647)

Non‑potable Water

(13)

-

-

(803)

(816)

Recoverable Projects

(148)

-

-

-

(148)

Other Receivables

(16 930)

(35)

-

-

(16 965)

Total Expected Credit Loss

(25 399)

(46)

(118)

(1 013)

(26 576)

Net : Trade and other Receivables

33 012

43

289

25 312

58 656

Trade and Other Receivables Performance Performing

26 623

35

288

25 311

52 257

Under Performing

993

-

-

-

993

Non Performing

30 795

53

119

1 015

31 982

Gross Trade Receivables

58 411

88

407

26 326

85 232

249