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

2022

Total

Gauteng North West Mpumalanga Free state/ Other

Water debtors Potable Water

15 571 818 537 877

412 227 193 810 16 715 732

Non‑Potable Water

-

-

-

-

-

Construction Projects

-

-

-

-

-

Operating and Maintenance

8 212

-

-

-

8 212

Meter installations

604

-

-

-

604

Training and consulting

1 789

25 072

-

-

26 861

Revenue not recognised

-

(116 830)

-

-

(116 830)

Total Revenue

15 582 423 446 119

412 227 193 810 16 634 579

Timing of revenue recognition At point in time

10 001

25 072

-

-

35 073

Over time

15 572 422 421 047

412 227 193 810 16 599 506

15 582 423 446 119

412 227 193 810 16 634 579

Revenue Customer Performance Performing

8 546 319 102 637

407 488 162 753 9 219 197

Under Performing

5 314 228

-

3 662

-

5 317 890

Non Performing

1 721 876 343 482

1 077

31 057 2 097 492

15 582 423 446 119

412 227 193 810 16 634 579

277