Rand Water | Integrated Annual Report 2025

Consolidated Annual Financial Statements for the year ended 30 June 2025

NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS

37. Fair value measurement (continued)

Trade and other receivables (at amortised cost)

Trade and other receivables are measured at amortised cost.

Term deposit investments and cash and cash equivalents (at amortised cost)

These financial assets are measured at amortised cost. The carrying value of these financial assets approximates their value.

Bonds (level 1)

The Group has unsecured bonds in issue at the end of the financial year which are listed on the Johannesburg Stock Exchange. The value of the bonds is determined using quoted prices in the market at the reporting date without any deduction for transaction costs.

38. Other commitments

Group as lessor

Group

Rand Water

Figures in Rand thousands

2025

2024

2025

2024

- within one year

12

73 12 85

12

73 12 85

- in second to fifth year inclusive

-

-

12

12

The leased properties do not qualify as investment property as they were purchased for future operational use and the related income is incidental in nature.

300

Rand Water | Integrated Annual Report 2025