RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Notes to the Consolidated Annual Financial Statements 23. Revenue (Continued)

Figures in Rand thousand

Group

Rand Water

2023

2022 Restated *

2023

2022 Restated *

Recoverable projects Construction projects

10 435

4 806

10 435

4 806

Operating and maintenance

7 891

8 212

7 891

8 212

Training and consulting

28 177

26 861

28 177

26 861

Meter installations

2 419

604

2 419

604

48 922

40 483

48 922

40 483

Figures in Rand thousand NATIONAL GOVERNMENT DEPARTMENTS

2023

Total

Gauteng Mpumalanga North West Free State/ Other

Water debtors Potable Water

48 933

-

-

-

48 933

Non‑Potable Water

-

-

-

-

-

Construction Projects

9 977

-

-

458

10 435

Operating and Maintenance

-

-

-

-

-

Meter installations

-

-

-

-

-

Training and consulting

-

-

-

3 668

3 668

Total Revenue

58 910

-

-

4 126

63 036

Timing of revenue recognition At point in time

9 977

-

-

4 126

14 103

Over time

48 933

-

-

-

48 933

58 910

-

-

4 126

63 036

Revenue Customer Performance Performing

58 910

-

-

4 126

63 036

58 910

-

-

4 126

63 036

271

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