BIRW - Rand Water - Annual results for the year ended 30June 2011

BIRW - Rand Water - Annual results for the year ended 30June 2011               
RAND WATER                                                                      
(Established under Transvaal Ordinance No 32 of 1903, as consolidated in the    
Rand Water Board Statutes Act and deemed to be established in terms of section  
84 of the Water Services Act 1997)                                              
522 Impala Road, Glenvista, 2058, Johannesburg, Gauteng, South Africa           
PO Box 1127, Johannesburg, 2000                                                 
Tel: +27 11 682 0318                                                            
Fax: +27 11 682 0444                                                            
www.randwater.co.za                                                             
Annual results for the year ended 30June 2011                                   
Rand Water wishes to advise that its annual results for the year ended 30June   
2011were announced on 08 November 2011.                                         
Highlights include:                                                             
Revenue:                      R5,891million,an 18% increase compared to the     
previous year                                      

EBITDA:                       55% increase in EBITDA to R751 million            
Net Profit:                   R536 million increasing from R302 million in the  
                             previous year                                      
Total assets:                 R9,083 million                                    
Capital Expenditure:          R1,017 million (inclusive of movable assets)      
Long-term Loans:              R438 million                                      
Accumulated Reserves:         R6,756 million                                    
Potable Water Bulk Tariff:    14.1%                                             
Net finance charge:           (R17)million                                      
Glenvista                                                                       
11 November 2011                                                                
Date: 11/11/2011 07:46:28 Supplied by www.sharenet.co.za                     
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