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RAND WATER BOARD - Notice of availability of Consolidated Interim Financial Statements

Release Date: 28/03/2024 13:15
Code(s): RW31 RWL28 RW28 RWL26     PDF:  
Wrap Text
Notice of availability of Consolidated Interim Financial Statements

RAND WATER

Rand Water is established in terms of the Water Services Act, 1997 (the "Act"). Through the Department of
Water and Sanitation and duly represented by the Minister of Water and Sanitation, the Government of the
Republic of South Africa 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.
("Rand Water")
Bond Issuer Code: BIRW

Notice of availability of Condensed Interim Financial Statements

Rand Water hereby notifies its debt investors that it has publicly released its reviewed Condensed Interim
Financial Statements for the six months ended 31 December 2023 ("Condensed Interim Financial Statements").
The Condensed Interim Financial Statements are available for viewing or downloading on the Rand Water
website using the below link:

https://www.randwater.co.za/interimresults.php

Restatements were made to the prior six months ended 31 December 2022 as set out in the Condensed Interim
Financial Statements as a result of retrospective adjustments in the six-month reporting period. Rand Water
performed a compliance review to International Financial Reporting Standards, where improvements were
identified through this process. The details of the restatements are outlined in note 28 (Prior Period Error) of the
Condensed Interim Financial Statements.

28 March 2024

Debt Sponsor
Nedbank Corporate Investment Banking, a division of Nedbank Limited

Rand Water information:
522 Impala Road, Glenvista, 2058, Johannesburg, Gauteng, South Africa
PO Box 1127, Johannesburg, 2000
www.randwater.co.za

For further information please contact:
Nedbank: Doris Thiele; Associate Principal: CF Sponsor
Tel: 010 234 8646
Cell: 073 235 9540
Email: doristh@nedbank.co.za

Rand Water: Lucky Ncobela; Debt Officer
Cell: 083 212 0706
Email: Lncobela@randwater.co.za

Date: 28-03-2024 01:15:00
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