Rand Water | Integrated Annual Report 2025

Consolidated Annual Financial Statements for the year ended 30 June 2025

NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS

5. Intangible assets

Group

2025

2024

Figures in Rand thousands Computer software

Accumulated amortisation

Carrying value

Accumulated amortisation

Carrying value

Cost

Cost

265 773

(218 817)

46 956

237 789

(204 896)

32 893

Assets under construction

49 228 131 793 178 736 625 530

-

49 228 37 231 178 736 312 151

113 847 131 793 170 139 653 568

-

113 847 39 747 170 139 356 626

Water use license

(94 562)

(92 046)

Servitudes

-

-

Total

(313 379)

(296 942)

Rand Water

2025

2024

Accumulated amortisation

Carrying value

Accumulated amortisation

Carrying value

Figures in Rand thousands Computer software

Cost

Cost

265 773

(218 817)

46 956

237 789

(204 896)

32 893

Assets under construction

49 228 131 793 178 736 625 530

-

49 228 37 231 178 736 312 151

113 847 131 793 170 139 653 568

-

113 847 39 747 170 139 356 626

Water use license

(94 562)

(92 046)

Servitudes

-

-

Total

(313 379)

(296 942)

Reconciliation of intangible assets - Group - 2025

Figures in Rand thousands Computer software Assets under con struction Water use license

Opening balance

Reallocation to PPE

Additions Transfers Amortisation

Total

32 893

259

27 759

(13 955)

-

46 956

113 847 39 747 170 139 356 626

27 067

(35 978)

-

(55 708)

49 228 37 231 178 736 312 151

- -

-

(2 516)

- -

Servitudes

8 597

-

27 326

378

(16 471)

(55 708)

Reconciliation of intangible assets - Group - 2024

Figures in Rand thousands Computer software Assets under con struction Water use license

Opening balance

Additions Disposals Transfers Amortisation Total

40 804

4 948

(4)

364

(13 219)

32 893

66 032 41 772 160 930 309 538

47 815

- - -

- -

-

113 847 39 747 170 139 356 626

- -

(2 025)

Servitudes

9 209 9 573

-

52 763

(4)

(15 244)

248

Rand Water | Integrated Annual Report 2025