Rand Water | Integrated Annual Report 2025

INTEGRATED ANNUAL REPO

Consolidated Annual Financial Statements for the year ended 30 June 2025

NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS

34. Related parties (continued)

Transactions with subsidiaries

Country of incorporation

Ownership interest

Subsidiaries

Rand Water Services (Pty) Ltd

South Africa South Africa

100% 100%

Rand Water Foundation

Figures in Rand thousands Transactions Contribution to subsidiaries

2025

2024

88 162

84 071

Year-end balances arising from transactions (Payables)/Receivables

12 470

4 602

Transactions with the Department of Water and Sanitation

The Group is 100% controlled by the government of South Africa represented by the Department of Water and Sanitation. Rand Water and its subsidiaries are schedule 3B Enterprises in terms of the Public Finance Management Act. The Group is exempt from disclosing balances and transactions with other spheres of Government therefore the disclosure includes only those entities that are within the same Ministerial control. Although Rand Water is 100% controlled by the Department of Water and Sanitation, the Department does not produce a set of consolidated annual financial statements. This function for the purposes of reporting to Parliament is performed by National Treasury. Group Rand Water Figures in Rand thousands 2025 2024 2025 2024 Transactions Sales of goods and services 474 157 300 081 474 157 300 081 Purchases of Water 7 425 705 7 459 834 7 425 705 7 459 834 Debt written off 22 517 - 22 517 - Year-end balances arising from transactions Expected credit losses 7 151 56 084 7 151 56 084 Receivables 22 430 69 251 22 430 69 251 Payables 2 497 354 1 273 781 2 497 354 1 273 781

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Rand Water | Integrated Annual Report 2025