1. O V E R B E R G W A T E R

2.  Relationship with Municipalities  Non-Financial Performance  Audit Report  Income Statement  Balance Sheet  Financial Indicators & -Ratios  Bulk Water Sales & Revenue  Bulk Water Tariffs  Expenditure (Bulk Provision)  Reserve  Overall Operating Conditions 2

3.   pr 3

4.  Serious work injuries → zero  Absenteeism → 2,7%  Staff turnover → 9%  Labour unrest → zero  Water quality → Class 1 (SANS 241, 2006)  Water loss → 4,8% 4

5.  Unqualified Audit  Positive report on systems & procedures  Relevant legislation adhered to 5

6.  Consolidated Income Statement Income from and expenses financed through  Bulk Water Sales  Retail Water Sales (as secondary activity)  Other Secondary Activities  Reserve 6 Total Income: R25 017Total Expenses: R22 613 R’000

7. 7 Net Income: R2 404 INSTALLMENT DWA LOAN R1 203 CONTRIBUTION TO RESERVE R 0 ( R113 ) - shortfall To be financed through reserve R’000 CHANGES IN WORKING CAPITAL R1 088

8. 8 EMPLOYMENT OF CAPITALCAPITAL EMPLOYEDR74 139

9. 9 Indicator / Ratio2008/092007/08 Net Profit % (Net Profit ÷ Sales x 100) 12,07%13,18% Return on Assets (Net Income ÷ Total Assets x 100) 3,24%3,55% Return on Equity (Net Income ÷ Equity x 100) 5,47%6,16% Current Ratio (Current Assets ÷ Current Liabilities) 4,326,18 Debtors Days (Water Consumers) (Debtors ÷ Sales x 365) 73 days65 days Debt to Assets (Total Debt ÷ Total Assets x 100) 41%42% Cost of Capital (Interest paid ÷ Total Debt x 100) 0% Debt to Equity (Total Debt ÷ Total Equity) 69%74% Asset turnover (times / year) (Sales ÷ Total Assets) 0,27 x CAPEX R4 milR3,6 mil

10. 10 BULK WATER SALES : VOLUME BULK WATER SALES : R 4 259 546 4 171 8304 148 761 10 971 913 10 521 641 11 746 761 (2,1%)(0,6%) 4,3% 7,1%

11. 2008/2009 R 2,83 2007/2008 2006/2007 R 2,63 R 2,47 6,5% 7,7%

13. TOTAL: R 24 906 R’000 RESERVE FOR INFRASTRUCTURE REFURBISHMENT : R18,8 MILLION 5 YEAR INFRASTRUCTURE REFURBISHMENT PROGRAMME R45 MILLION

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