Annual report

Water connects us all. It represents the soul, spirit and breath of our First Nations Australians and is the lifeblood flowing through our people, communities and environment. From waking up to a cup of coffee to our last evening flush, we interact with this precious resource on so many levels it’s easy to take for granted.

For the 4,043 Water Corporation employees across WA, sustainably managing water, wastewater and drainage services through a network of pipes spanning millions of kilometres is a huge responsibility.

The financial report comprises a detailed summary of our financial performance, including the balance sheet, statement of comprehensive income, statement of changes in equity and cash flow statement for 2022-23.

Water Corporation is the principal supplier of water, wastewater, drainage and bulk irrigation services in Western Australia (WA) to hundreds of thousands of homes, businesses and farms. Directly employing 4,043 people, we provide high expertise and a strong commitment to our customers, community and state. We manage $46 billion (replacement value) of assets to deliver water services across 2.6 million square kilometres.

Our corporate governance is underpinned by robust values and behaviours. This section includes a description of corporate governance practices which form a framework to ensure we act with high standards of corporate behaviour and in the best interests of our owner.