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Consolidated Annual Financial Statements for the year ended 30 June 2014
RAND WATER
Consolidated Annual Financial Statements for the year ended 30
June 2014
Dated: 4 November 2014
Rand Water is established in terms of the Water Services Act,
1997 (the “Act”). The Government of the Republic of South
Africa, through the Department of Water and Sanitation and
duly represented by the Minister of Water and Sanitation, is
the sole shareholder of Rand Water. In terms of the Act, Rand
Water's primary activity is the provision of bulk water supply
services (potable bulk water and sanitation services) within
the predetermined service area.
522 Impala Road, Glenvista, 2058, Johannesburg, Gauteng, South
Africa
PO Box 1127, Johannesburg, 2000
Tel: +27 11 682 0318
Fax: +27 11 682 0673
www.randwater.co.za
Highlights include:
Revenue: R8.66 billion (12% growth)
EBITDA: R1 395 million
Net Income: R1.182 billion (18.6% increase)
Net cash from Operations: R1.43 billion (22% increase)
Capital Expenditure: R2.448 billion (40% increase)
Long-term Loans: R2.5 billion (65% increase)
Short-term Loans: R2.5 million
Accumulated Reserves: R9.75 billion
Rand Water wishes to advise that its Consolidated Annual
Financial Statements for the year ended 30 June 2014 are
available on its website
www.randwater.co.za
SBSA (Debt Sponsor) Zoya Sisulu (011) 721 6032
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