ECONOMIC SERVICES & INFRASTRUCTURE DEVELOPMENT
BOOKMARKS
OVERBERG WATER BOARD CONTACT DETAILS PHYSICAL: Trident Park 3, Ground Floor, 1 Niblick Way, Somerset West, 7130 POSTAL: PO Box 1005, Somerset Mall, 7137 TEL: 021 851 2155 WEB: www.overbergwater.co.za
FINANCIAL INFORMATION* AUDIT OUTCOME
2017/18
2016/17
Financially Unqualified
Qualified
R’000
R’000
R’000
Current Assets
25 398
24 807
21 067
Non-Current Assets
73 367
74 365
71 822
98 765
99 172
92 889
6 862
12 312
10 273
392
696
324
Total Liabilities
7 254
13 008
10 597
Total Net Assets
91 511
86 163
82 292
56 266
49 969
51 462
55 061
49 969
51 462
1 205
-
-
Chairperson: Mr Razeen Benjamin Deputy Chairperson: Ms Ina de Bruyn Board Members: Dr Gregory Davids, Mr David Lefutso, Ms Nandipha
Total Expenditure
(50 918)
(47 032)
(44 415)
Employee Costs
(10 774)
(8 336)
(6 837)
5 348
2 938
7 046
Madiba, Mr Maselaganye Matji, Ms Sphiwe Mayinga, Mr Sikhumbuzo Nene, Ms Lerato Seripe Chief Executive Officer: Mr Phakamani Buthelezi Chief Financial Officer: Mr Norman Mudau Chief Operations Officer: Mr Clint Stewart Senior Management: Ms Eltecia Basson (Accountant), Mr Nicholas Lehutso (Senior Manager: Supply Chain), Ms Busisiwe Marupula (Strategic Support), Mr Brian Mokhele (Senior Manager: Management Accountant), Mr Luvuyo Mpetile (Debtors Clerk), Thozama Rani (Senior Human Resource Manager), Ms Shannon Walbrugh (Creditors Clerk) Communications Officers: Ms Annes Julius (Receptionist)
CASH FLOW
OVERVIEW Overberg Water Board is classified as a Schedule 3B Public Entity in terms of the Public Finance Management Act and is incorporated in terms the Water Services Act (WSA) 108 of 1997. Its primary responsibilities are outlined in section 29 of the WSA, which is to be a bulk portable water supplier to Water Services Authorities. However, this mandate can be further extended to provide services listed in section 30 of the WSA.
OFFICE BEARERS
FINANCIAL POSITION
2018/19 Financially Unqualified
Total Assets Current Liabilities Non-Current Liabilities
FINANCIAL PERFORMANCE Total Revenue Exchange Transactions Non-Exchange Transactions
Surplus/(Deficit) for Year Operating Activities
1 146
3 272
8 679
Investing Activities
(891)
(2 113)
(5 291)
14 098
13 842
12 683
2 942
8 644
16 355
Cash & Equivalents – Year End
UIFW EXPENDITURE**
RAND WATER CONTACT DETAILS PHYSICAL: 522 Impala Road, Glenvista, Johannesburg, 2058 POSTAL: PO Box 1127, Johannesburg, 2000 TEL: 011 682 0911 / 0860 10 10 60 WEB: www.randwater.co.za EMAIL: customservice@randwater.co.za
OVERVIEW The mission of Rand Water is to deliver and supply world-class affordable, reliable and good quality water and related services to all stakeholders through: safe, efficient transport; sustainable and innovative business practices; empowered employees; mutually beneficial strategic relationships; and legislative compliance and best practice. Rand Water is the largest bulk water utility in Africa and is one of the largest in the world, providing bulk potable water to more than 11 million people in Gauteng, parts of Mpumalanga, the Free State and North West. Rand Water draws water from its catchments and purifies it for human consumption. The water is then supplied/sold to municipalities, mines and industries.
FINANCIAL INFORMATION* AUDIT OUTCOME FINANCIAL POSITION Current Assets Non-Current Assets Total Assets
2019/20
2018/19
2017/18
Financially Unqualified
Financially Unqualified
Financially Unqualified
R’000
R’000
R’000
9 038 323
6 267 503
4 756 386
24 492 203
23 249 944
21 751 810
33 532 796
29 846 158
26 510 582
Current Liabilities
5 039 499
3 231 808
3 236 650
Non-Current Liabilities
2 868 499
4 580 523
4 867 867
7 907 998
8 117 857
8 104 517
25 624 798
21 728 301
18 406 065
16 887 234
15 768 858
13 704 347
Total Liabilities Total Net Assets
OFFICE BEARERS
FINANCIAL PERFORMANCE
Chairperson: Adv Faith Matshidiso Hashatse Deputy Chairperson: Ms Khulekelwe Glynnis Mbonambi Board Members: Ms Mahlatse Martha Kabi, Mr Lefadi Lucas
Total Revenue
Makibinyane, Ms Savannah Maziya, Ms Phindile Sweetness Mbanjwa, Ms Nomsa Georgina Judy Mbileni, Ms Sophie Molokoane-Machika, Mr Ramateu Monyokolo, Mr Sipho Mosai (CEO), Ms Mankone Mabataung Ntsaba, Mr Ahmed Mohammed Pandor, Mr Protas Thamsanqa Phili Chief Executive Officer: Mr Sipho Mosai Chief Financial Officer: Ms Matshidiso Nyembe Chief Operations Officer: Mr Khulekani Sydwell Nxumalo (Acting) Senior Management: Mr Vusi Kubheka (Group Strategy Executive), Ms Wayida Mohamed (Group Strategic Human Resources Executive), Dr Fawcett Ngoatje (Group Shared Services Executive), Dr Fikile Sithole (Group Governance Executive) Communications Officers: Mr Justice Mohale, Mr Gregg Mulzack
Surplus/(Deficit) for Year
Total Expenditure Employee Costs
(13 050 510) (12 219 895) (10 692 000) (1 118 687)
(1 282 302)
(1 164 316)
3 836 724
3 548 963
3 012 347
CASH FLOW Operating Activities
3 230 668
3 557 329
2 443 225
Investing Activities
(2 673 165)
(2 007 513)
(1 444 344)
Cash & Equivalents – Year End
2 774 677
2 647 673
1 786 732
UIFW EXPENDITURE**
1 638 623
667 570
-
HUMAN RESOURCES
2019/20
2018/19
2017/18
n/a
3 458
n/a
Posts Filled
Refer to p9 for more information on sources, methodology and definitions. *Refer to nationalgovernment.co.za for a copy of the full Annual Report. **Total of Unauthorised, Irregular, Fruitless & Wasteful Expenditure.
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