Rand Water | Integrated Annual Report 2025

Consolidated Annual Financial Statements for the year ended 30 June 2025

NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS

29. Amortisation

Group

Rand Water

Figures in Rand thousands

2025

2024

2025

2024

Amortisation recognised in cost of sales Amortisation recognised in other expenses

4 086

4 680

4 086

4 680

12 385 16 471

10 564 15 244

12 385 16 471

10 564 15 244

Amortisation recognised in cost of sales consists of the amortisation charge for intangible assets that are utilised directly in the production of water which includes the abstraction, purification, pumping and distribution processes. Amortisation recognised in other expenses consists of the amortisation charge for all other intangible assets utilised in support and administration processes (see note 5 and note 24 respectively).

30.Finance income

Group

Rand Water

Figures in Rand thousands

2025

2024

2025

2024

Interest income Interest earned from current bank accounts

5 023

4 622

4 929

3 853

Interest on investments

1 315 351

1 091 326

1 314 692

1 091 326

Interest on trade and other receivables

186 806

189 906

186 806

189 906

Other interest received

1 196

808

1 196

808

Interest on post retirement plan asset

45 535

45 517

45 535

45 517

Total finance income Adjusted for: Amortised interest

1 553 911 1 332 179 1 553 158 1 331 410

(552 157)

(150 244)

(552 157)

(150 244)

Interest received

1 001 754 1 181 935 1 001 001 1 181 166

At 30 June 2025, finance income has increased due to additional bond investments and other longer date investment instruments acquired, which contributed to the increase in interest received.

288

Rand Water | Integrated Annual Report 2025