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BIRW - Rand Water - Interim results for the six months ended 31 December 2011

Release Date: 03/04/2012 15:37
Code(s): JSE
Wrap Text

BIRW - Rand Water - Interim results for the six months ended 31 December 2011 RAND WATER 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 Affairs and duly represented by the Minister of Water and Environmental Affairs , 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 0911 Fax: +27 11 682 0444 www.randwater.co.za Interim results for the six months ended 31 December 2011 Rand Water wishes to advise that its interim results for the six months ended 31 December 2011 are available on its website www.randwater.co.za Highlights include: Revenue: R3.4 billion (12% growth) EBITDA: R552 million (14% increase) EBITDA Margin: 16% (2010: 16%) Profit: R465 million (19% increase) Capital Expenditure: R472 million Long-term Loans: R439 million Short-term Loans: R208 million Accumulated Reserves: R7.2 billion Cash generated from Operations decreasing by 15% to R329 million Glenvista 03 April 2012 Date: 03/04/2012 15:37:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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