e r 2 - Umgeni Water

Table 15.15: Income Statement Other| Financial Plan ChapterUMGENI WATERIncome Statement (in R'000)For the year ended June 30, F08 F09 F10 F11 F11 F12 F13 F14 F15 F16OTHER (S30) Actual Actual Actual Budget ForecastRevenue 54 619 184 012 204 148 105 808 213 603 295 594 58 653 63 899 69 602 74 414Other 54 619 184 012 204 148 105 808 213 603 295 594 58 653 63 899 69 602 74 414Cost of sales 49 107 148 639 177 236 89 760 194 560 258 882 42 868 46 399 50 195 53 647Chemicals 34 101 51 131 78 82 88 94 100 107Depreciation - - - - - 5 294 5 654 6 061 6 479 6 926Energy 386 526 836 1 078 1 078 8 916 11 226 12 573 14 082 15 194Maintenance 1 326 2 460 2 171 1 136 1 673 5 767 6 159 6 603 7 058 7 545Staff Costs 8 561 4 078 4 300 4 838 4 927 12 570 13 563 14 634 15 761 16 959Projects/WIP costs 38 461 141 132 169 537 82 119 186 373 225 259 5 045 5 141 5 238 5 338Other direct operating activities 339 341 342 459 432 995 1 135 1 294 1 476 1 578Gross margin/profit 5 511 35 373 26 911 16 049 19 043 36 712 15 785 17 500 19 408 20 76710% 19% 13% 15% 9% 12% 27% 27% 28% 28%Other operating income 601 803 555 620 554 550 - - - -Administration Expenses (1 012) 11 205 6 018 9 277 13 156 26 015 15 285 17 000 18 908 20 267Staff Costs - 6 034 7 165 6 749 5 451 6 266 6 761 7 295 7 857 8 454Energy - - - - - - - - - -Depreciation 53 68 192 246 187 233 249 267 285 305Amortisation - - - - - - - - - -Impairments - - - - - - - - - -Other operating and administrative expenses (1 065) 5 102 (1 339) 2 282 7 519 19 516 8 275 9 438 10 766 11 508Operating income before interest 7 125 24 971 21 448 7 392 6 441 11 247 500 500 500 500Net interest and finance charges 3 - 4 - - 3 064 - - - -Interest Paid 3 - 4 - - 3 064 - - - -Interest Received - - - - - - - - - -Net Profit (Loss) 7 122 24 971 21 445 7 392 6 441 8 182 500 500 500 500Umgeni Water Five-Year Business Plan| 2011/2012 to 2015/2016 Page 96