RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Notes to the Consolidated Annual Financial Statements 18. Deferred income (Continued)

Reconciliation of deferred income ‑ Group 2023

Figures in Rand thousand Group

Opening balance

Additions Amortisation for the year

Utilised during the year

Closing balance

Capital contribution from customers

137 605

-

(4 556)

(951)

132 098

Reconciliation of deferred income ‑ Group 2022 restated

Figures in Rand thousand Group

Opening balance

Amortisation for the year

Recognised during the year

Refunds

Closing balance

Capital contribution from customers

141 495

(2 740)

(1 150)

-

137 605

Reconciliation of deferred income ‑ Group 2021 restated

Figures in Rand thousand Group Capital contribution from customers

Opening balance

Additions Recognised during the year

Amortisation for the year

Refunds

Closing balance

145 460

3 727

(7 209)

(2 137)

1 654

141 495

Reconciliation of deferred income ‑ Rand Water 2023

Figures in Rand thousand Rand Water

Opening balance

Additions Amortisation for the year

Recognised during the year

Closing balance

Capital contribution from customers

136 279

-

(4 556)

-

131 723

Reconciliation of deferred income ‑ Rand Water 2022 restated Figures in Rand thousand Rand Water Opening balance

Amortisation for the year

Recognised during the year

Closing balance

Capital contribution from customers

139 019

(2 740)

-

136 279

Reconciliation of deferred income ‑ Rand Water 2021 restated Figures in Rand thousand Rand Water Opening balance

Additions Amortisation for the year

Recognised during the year

Closing balance

Capital contribution from customers

140 871

889

(2 137)

(604)

139 019

265