KOMATI BASIN WATER AUTHORITY - Annual Financial Statements for the Year Ended 31 March 2018

Annual Financial Statements for the Year Ended 31 March 2018

Komati Basin Water Authority
Established in terms of the Treaty on the Development and Utilisation of Water Resources of the
Komati River Basin
Stock Code: KW01
ISIN Code: ZAG000016296
(“KOBWA” or “the Issuer”)


ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018


Noteholders are hereby advised that the Audited Annual Financial Statements of KOBWA for the year
ended 31 March 2018 (“Annual Financial Statements”) are available on the Issuer’s website,
http://www.kobwa.co.za/index.php/about-us/key-document/financial-reports.


Noteholders are further advised that the Independent Auditor’s Report contained in the Annual Financial
Statements is unqualified.


Johannesburg
10 October 2018

Debt Sponsor
Merchantec Capital

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