| Tue 3 Apr 2012, 15:37 | | BIRW - Rand Water - Interim results for the six months ended 31 December 2011 |
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JSE
BIRW
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 Produced by the JSE SENS Department.
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