MAP FACTS #06 - THE INCOME STATEMENT: FULL PICTURE - YEARLY

HOW DO WE INTERPRET THE ABOVEMENTIONED FIGURES?

1. Figures obtained from official government records.

2. This is a very simple income statement calculation and indicates a loss each year from 2009 to 2017.

3. The loss from 2009 to 2017 amounts to R 12.5 thousand million rand (sounds like Zuma figures).

4. Please note that the above figures does not take actual collections and actual purchases into consideration.

5. No official figures are available for 2018, 2019 and 2020.

6. Should MAP at any time differ with these figures, please provide the correct figures.

2020 / #025

#Harrismith #Intabazwe #Tshiame #HITResidentsAssociation #HarrismithWaterHeroes

HIT SAYS: "LET THE FIGURES DO THE TALKING"

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