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 LOCAL GOVERNMENT MUNICIPALITIES

2023

Total

Gauteng Mpumalanga North West Free State/ Other

Water debtors Potable Water

17 250 285

563 782 483 600 208 845 18 506 512

Non‑Potable Water

-

-

-

-

-

Construction Projects

-

-

-

-

-

Operating and Maintenance

7 891

-

-

-

7 891

Meter installations

509

24 000

-

-

24 509

Training and consulting

2 419

-

-

-

2 419

Revenue not recognised

(127 976)

-

-

-

(127 976)

Total Revenue

17 133 128

587 782 483 600 208 845 18 413 355

Timing of revenue recognition At point in time

10 820

24 000

-

-

34 820

Over time

17 122 308

563 782 483 600 208 845 18 378 535

17 133 128

587 782 483 600 208 845 18 413 355

Revenue Customer Performance Performing

7 902 061

160 066 474 288 175 754 8 712 169

Under Performing

7 467 052

-

-

-

7 467 052

Non Performing

1 764 015

427 716

9 312

33 091 2 234 134

17 133 128

587 782 483 600 208 845 18 413 355

272