Rand Water | Integrated Annual Report 2025

Consolidated Annual Financial Statements for the year ended 30 June 2025

NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS

42.Financial instruments (continued)

The following table has been prepared based on the carrying amounts of financial liabilities as presented in the Statement of Financial Position. The maturity profile focuses on Rand Water’s ability to meet its financial obligations as they fall due, taking into account the amounts outstanding and payable as at 30 June 2025. Accordingly, the analysis reflects the amounts that are contractually due and payable at the reporting date, comprising of the principal amount and interest accrued for redemption.

Greater than three years to five years

Greater than one year to three years

Carrying amounts of financial liabilities at 30 June 2025:

Up to one year

Over five years

Total

1 443 640

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

8 459

- - -

- 1 452 099

159

- - - -

543 850 544 009

- -

586 102

586 102 579 040

154

578 886

-

5 705 755 6 300 629

- 5 705 755

578 886 1 443 640 543 850 8 867 005

Interest rate type

Interest Rate (%)

2025

2024 9,510

Unsecured bond: RW23 Unsecured bond: RW28 Unsecured bond: RW31 Unsecured bond: RWL26 Unsecured bond: RWL28

Fixed rate Fixed rate Fixed rate

10,245 10,685

10,245 10,685 10,600

Floating rate

9,542 9,705

Fixed rate

9,705

Interest rate risk The Interest rate risk refers to the susceptibility of Rand Water’s financial position to adverse fluctuations in market interest rates. Rand Water’s primary interest rate risk management objective is to protect its funding plan and Asset and Liability Management (ALM) strategies from adverse fluctuations in market interest rates. To achieve this objective, it is the policy of Rand Water to measure and manage its interest rate risk exposure both over the short and long term to protect its profits and ensure continued financial sustainability.

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Rand Water | Integrated Annual Report 2025