e r 2 - Umgeni Water

More documents

Recommendations

Info

Chapter| Self-Evaluation Statement on FinancialViabilityofUmgeniWaterComponentsCost - Bulk Water2009/2010Tarifff ChangeR.c/kl%2.0337%Budget 2010/2011TarifffChangeR.c/kl%2.390018%2010/20111TarifffChangeR.c/kll%2.3900 18%2011/20122TarifffChangeR.c/kl%2.4563%Contributionn fromm WastewaterContributionn fromm Section30 activities0.0170.05037%( 16%) )0.01110.0166(36%))(69%))0.01110.0166(36%))(69%))0.01000.0200(7%)27%Total cost1.9668%2.363320%2.363320%2.4263%Surpluss Margin//(deficit)1.2605%1.0666( 15%) )1.0666(15%))1.212214%Total Average UW Tariff3.237%3.42996%3.4336%3.646%19.2Costt ControlTable 19.2: CostControlSemi - controllableChemmicals/Energy//Raw WaterStaff CostsDepre/amort/Impairment Assets20100ActualR'm651190273188ForecasttR' m8092422942732011% Change24%27%8%45%% of Total80%BudgetR' 'm8683153492042012% Change7%30%19%(25%)% of Total82%Non-controllablee Costs445320%5%6319%6%Controllablee Costs146145(1%)14%133(8%)13%Total Costs– S29841100720%-10646%-Total costs excluding S30 projectt costsis projected to t increasee byy 20% in F’ ’11 andd 6% % in F’12.Theincreaseinsemi-controllable costss whichh form 80%off total costt in F’111 and 82% 8 % in F’12is projectedto increase by b 24%inF’111 and 7% in F’ ’12. Thesee increasess are driven primarily byy the increasee in energy, rawwater,staff costcs andimpairment of assets.Controllable costs whicwch formm 14% of totalcostsin F’11 F andd 13% in F’ ’12 is forecastt to decreasein F’11 andd F’12by 1% andd 8% % respectively. Thisis attributablee too operational efficiencies createdby theentity19.3Cashh FlowAnalysisFigure19.6: Cash flowfrom OperationssR'm9008007006005004003002001000842200874372009CashflowfromOperations8466652010201166665420122013715201480620158452016Net cashh generatedfromoperations is expectedtodecline overr next 3 years tolevels just overoR600mdueto the increasein workingcapital requirements relatingto the cost of o converting toadefinedcontribution pensionfund as wellas loweroperating profitsPagee 142Umgeni WateWer Five-Year Business Plann | 201121/2012to 2015/2016
| Self-Evaluation Staatement onFinancialViabilityofUmgenii WaterChapter19. 4Debt ManagementFigure19.7: Debt too AssetRatio0.60000.50000. 5690. 486Debt:AssetRatioThe ratioo of debt toassetsisexpectedd to declinefavourably to t 0. .17 by 2016.0.40000.30000.20000. 3530. 3150. 2810. 2800.2460.2080. 1720.10000-200820092010201120122013201420152016Figure19.8:Debt too Equity Ratioo2.5002.0001.5002.0401.283Debt:EquityRatio1.0000.500-200820090.72920100. 55820110. .44920120.4310.35880.2850.22320133 2014201525 20166The gearing ratios asdepictedbythee nett debt toequityanddebt to equityratioswill bemaintained below0.7times.Figure19.9:Nett Debt to Equity Ratio1.2001.116Net Debt:EquityRatio1.0000.8000.6000.4820.4000.2000.1540. 1200.1140.1170.1090.0790.084-2008200920102011201220133 2014420152016Umgeni Water Five-YearBusinessPlan | 2011/20122 too 2015/2016Pagee 143
Page 1:
WF2WaFiv20atev01er fUve11forUe-Y1/r
Page 4 and 5:
Chapter| Table of ContentsPage 2 Um
Page 6:
Chapter| Foreword by the ChiefExecu
Page 9 and 10:
| Introduction and Strategy Chapter
Page 11 and 12:
Page 13 and 14:
| Introduction andd StrategyChapter
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
| Policy StatementChapterChapter 3.
Page 23 and 24:
| Directivesby thee MiniisterChapte
Page 25 and 26:
For thee strategicobjective ‘excc
Page 27 and 28:
| Self-Appraisal Chaptero The proje
Page 29 and 30:
| Participation inCompaniesChapterC
Page 31 and 32:
| Water ResourcesChapterChapter 7.W
Page 33 and 34:
| Water Resources Chapter7.2 Water
Page 35 and 36:
7.4 Water Demands, Planned Developm
Page 37 and 38:
| Water Resources ChapterFigure 7.1
Page 39 and 40:
| Water Resources Chapterconstructi
Page 41 and 42:
| Water ResourcesChapterandSouthCoa
Page 43 and 44:
| BulkPotable WaterSupply PlanChapt
Page 45 and 46:
| BulkPotable Waterr Supply PlanCha
Page 47 and 48:
| Bulk Potable Water Supply Plan Ch
Page 49 and 50:
Page 51 and 52:
8.4.2 Bulk Water Supply Infrastruct
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
| Bulk Wastewater Treatment andd Di
Page 61 and 62:
| RetailSupplyChapterChapter 10.Ret
Page 63 and 64:
| OtheOer Activitiess (Sectionn 30)
Page 65 and 66:
| Other Activities (Section 30) Cha
Page 67 and 68:
| HumanResources PlanChapterChapter
Page 69 and 70:
| HumanResources PlanChapterFigure1
Page 71 and 72:
| Human Resources Plan ChapterThe s
Page 73 and 74:
| HumanResources PlanChapter12.7Gov
Page 75 and 76:
| Environmental ManaMagementt Progr
Page 77 and 78:
| Environmental Management Programm
Page 79 and 80:
| Waterr Conservationandd Demand Ma
Page 81 and 82:
C1InpvGmeTwaacTcD2Ft2UwmUpC15npevoG
Page 83 and 84:
| Financial Plan Chapter15.2.2 Staf
Page 85 and 86:
| Financial Plan Chapter15.2.4 Raw
Page 87 and 88:
SalTabCusteTheMsunuMguSizaUguiLemSi
Page 89 and 90:
| Financial Plan Chapter15.4 Tariff
Page 91 and 92:
| Financial Plan Chapter15.5 Subsid
Page 93 and 94: | Financial Plan Chapter15.7 Challe
Page 95 and 96: Table 15.12: Umgeni Water Income St
Page 97 and 98: | Financial Plan ChapterTable 15.14
Page 101 and 102: Table 15.18: Umgeni Water Cash Flow
Page 103 and 104: Table 15.20: Msinsi Holdings Balanc
Page 105 and 106: Table 15.22: Umgeni Water Services
Page 109 and 110: Table 15.26: Group Cash Flow Statem
Page 111 and 112: | Financial Plan Chapter15.9 Capita
Page 113 and 114: | Financial PlanChapterFigure 15. .
Page 115 and 116: | Financial Plan ChapterProject Cat
Page 117 and 118: | Financial PlanChapterTable 15.31:
Page 119 and 120: Table 15.34: Rural Project Evaluati
Page 121 and 122: | Financial Plan ChapterProject Cat
Page 123 and 124: | Financial PlanChapterFigure15.8:
Page 125 and 126: | Debt Management and Funding Requi
Page 127 and 128: | Debt Management and Funding Requi
Page 129 and 130: | DebtManagement andd Fundingg Requ
Page 131 and 132: 16.1.6 Debt Curve| Debt Management
Page 133 and 134: | DebtManagement andd Fundingg Requ
Page 135 and 136: | Materiality and significance fram
Page 137 and 138: | Financial Ratios ChapterChapter 1
Page 139 and 140: Table 18.2: Group Financial Ratios|
Page 141 and 142: | Self-Evaluation Staatement onFina
Page 143: | Self-Evaluation Staatement onFina
Page 147 and 148: | Self-Evaluation Statement on Fina
Page 149 and 150: | Bank Accounts Chapter19.7 Analysi
Page 151 and 152: | Analysis of o RiskRksChapterChapt
Page 153 and 154: | Analysis of Risks Chapter# Risk a
Page 155 and 156: | Organisational Scorecard: Key Per
Page 165 and 166: | DeclarationChapterChapter 23.Decl
show all

e r 2 - Umgeni Water

Create successful ePaper yourself

Delete template?

Save as template?