Rand Water | Integrated Annual Report 2025

INTEGRATED ANNUAL REPO

Consolidated Annual Financial Statements for the year ended 30 June 2025

Performance result (vi.a)

Achieved 31.9% (vi.b)

Achieved 23.5% (vi.d)

Achieved 1.5% (vi.e)

(secondary activities) Debt equity <= 0.15 Achieved 0.07 (vi.f) Achieved 0.08 (vi.f) (vi.g) Achieved 11.1% (vi.g)

Not achieved 110 days (vi.h)

Achieved 106.96% (vi.i)

Achieved 16.77% (vi.j)

2024

Improved viability and sustainability Current ratio >=2 Achieved 2.63 (vi.a) Not achieved 3.84 Gross profit margin (primary activities) >=29% Achieved 31.7% (vi.b) Gross profit margin (secondary activities) >= 19% Achieved 22.7% (vi.d) (vi.e)

Return on assets >= 8.8% Achieved 10.2% Debtors days <= 70 days Not achieved 125 days (vi.h) (vi.i)

Achieved 17.3% (vi.j)

2025

Performance result

>= 5.0% Achieved 5.2% (vi.c) Achieved 5.2% (vi.c) >= 1.0% Achieved 13.6% >= 15% & <= 24%

>= 95% Achieved 124.84%

Key performance indicator Target

Net profit margin (primary activities) Net profit margin

Repairs and maintenance as a % of budget

Staff remuneration as a % of total operating expenditure

Performance objective Strategic objective Outcome/ Impact Improve key financial ratios* Maintain financial health & sustainability

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Rand Water | Integrated Annual Report 2025