. Increase in cash and cash equivalents by 46% due to improvements in cash collections; . Receivables from exchange transactions have increased by 30%. Although revenue from 'water sales' has also increased by approximately 30%, much work is still required to ensure that debt collection is improved; . Property, plant and equipment increased by 1% (R925 million) primarily due to an increase in Asset under Construction of some R1.1 billion reduced by an increase in depreciation of R269 million compared to 2010/11; and . Increase in total liabilities (1% compared to 2010/11, an amount of R236 million) resulted mainly from an increase of R160 million in the provision required for dam safety rehabilitation. There is still some work required to enhance the processes involved in the formulation of the dam safety rehabilitation. There was also a marginal increase in TCTA financial liability compared to the previous year.