Rand Water | Integrated Annual Report 2025

Consolidated Annual Financial Statements for the year ended 30 June 2025

NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS

23. Revenue (continued)

2025

North West

Free State/ Other

Figures in Rand thousands NATIONAL GOVERNMENT DEPARTMENTS Water debtors Potable Water

Gauteng Mpumalanga

Total

40 705 20 166 12 093 72 964 32 259 40 705 72 964

- - -

- - -

-

40 705 21 414 12 093 74 212 33 507 40 705 74 212

Construction Projects Training and consulting

1 248

-

Total Revenue

-

-

1 248

Timing of revenue recognition At point in time

- -

- -

1 248

Over time

-

-

-

1 248

Revenue Customer Performance Performing

63 146

- -

- -

-

63 146 11 066 74 212

Non Performing

9 818

1 248 1 248

72 964

-

-

2025

North West

Free State/ Other

Figures in Rand thousands LOCAL GOVERNMENT / MUNICIPALITIES Water debtors Potable Water Operating and Maintenance

Gauteng Mpumalanga

Total

20 100 757

605 525

514 523

257 414 21 478 219

11 021

-

- -

-

11 021 28 185

Training and consulting Revenue not recognised

229

21 069 35 388

6 887

37 004

8 601

30 726

111 719

Total Revenue

20 149 011

661 982

523 124

295 027 21 629 144

Timing of revenue recognition At point in time

11 250

21 069 640 913 661 982

-

6 887

39 206

Over time

20 137 761 20 149 011

523 124 523 124

288 140 21 589 938 295 027 21 629 144

Revenue Customer Performance Performing

18 063 842 2 085 169 20 149 011

146 275 515 707 661 982

523 124

219 079 75 948

18 952 320 2 676 824

Non Performing

-

523 124

295 027 21 629 144

280

Rand Water | Integrated Annual Report 2025