| Mon 28 Feb 2011, 14:58 | | RAWA1 - Rand Water - Interim results for the six months ended 31 December 2010 |
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RAWA1 - Rand Water - Interim results for the six months ended 31 December 2010
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 2010
Rand Water wishes to advise that its interim results for the six months ended 31
December 2010 are available on its website www.randwater.co.za
Highlights include:
Revenue: R3 billion (21% growth)
EBITDA: R488 million (38% increase)
EBITDA Margin: 16% (2009: 14%)
Profit: R390 million (51% increase)
Capital Expenditure: R417 million
Long-term Loans: R630 million
Accumulated Reserves: R6.6 billion
Cash generated from Operations increasing by 137% to R391 million
Glenvista
28 February 2011
Date: 28/02/2011 14:58:00 Produced by the JSE SENS Department.
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