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

42.Financial instruments (continued)

The Group’s liquidity requirements are regularly reviewed to ensure the timely fulfilment of the funding requirements. This is managed using cash flow forecasts (weekly, monthly and quarterly forecast) and maturity gap analyses to assess and monitor its liquidity requirements and risk exposure. The cash flow forecasts and maturity gap analyses reports form part of the financial risk report, which is periodically reviewed and analysed by the Treasury and Capital Investment Committee (TCIC). Additionally, liquidity risk management includes a five-year cash flow projection incorporated within the annual funding plan update. These measures provide a good estimate of the Group’s funding requirements ensuring sufficient cash on demand in the form of liquid cash to meet operational and capital expenditures. As at 30 June 2025 the Group has the following facilities: Figures in Rand thousands Facility amount Total utilised Total unutilised Banks (Committed facilities) 1 500 000 2 685 1 497 315 DMTN 10 000 000 3 161 250 6 838 750 11 500 000 3 163 935 8 336 065

The following tables summarises Rand Water’s remaining contractual maturities for its financial liabilities. The table has been drawn up based on the undiscounted cash flows of financial liabilities which includes both the principal cash flows which may differ from the carrying amounts of the financial liabilities as at 30 June 2025.

Contractual maturity profile of financial liabilities at 30 June 2025:

Up to one year

Greater than one year to three years

Greater than three years to five years

Over five years

Total

Unsecured bond: RW28 Unsecured bond: RW31 Unsecured bond: RWL26 Unsecured bond: RWL28 Trade and other payables

147 426 58 126 640 636 56 192

294 851 116 412

1 5’12 713

1 954 990

115 934 602 445

892 917 640 636 747 730

-

- - -

- - -

691 538

5 705 755 5 705 755 6 608 135 1 102 801 1 628 647 602 445 9 942 028 -

Contractual maturity profile of financial liabilities at 30 June 2024:

Up to one year

Greater than one year to three years

Greater than three years to five years

Over five years

Total

Unsecured bond: RW28 Unsecured bond: RW31 Unsecured bond: RWL26 Unsecured bond: RWL28 Trade and other payables

147 426 58 445 60 009 56 500

294 85’1 16 253 640 636 112 384

1 660 138

-

2 102 415

116 253 660 412

951 363 700 645 804 078

-

- - -

635 194

4 242 696 4 242 696 4 565 076 1 164 124 2 411 585 660 412 8 801 197 -

317

Rand Water | Integrated Annual Report 2025