South East Water Corporation 2025-26 annual report
Summary
The report's own summary: Message from the Chair and Managing Director, pages 4 to 7
Generated summary: written by an AI model from the report text and checked against the cited pages.
South East Water’s report for the year ended 30 June 2026 covered drinking water, sewerage and recycled water services for Melbourne’s south-east and the Mornington Peninsula.
The corporation reported supplying 146 billion litres of drinking water and managing 141 billion litres of wastewater.
It reported hardship assistance for around 19,400 customers and more than 300,000 digital metering devices in operation.
South East Water reported average community trust of 90%, above its target by 21 percentage points, and customer satisfaction of 94% in quarter 4.
It reported a profit before tax of about $40.2 million and a net profit after tax of $28.6 million.
In the body's own words
- Finding
Participating businesses saved an estimated 139 million litres of drinking water and around $527,000 in water costs through the WaterSmart program.
Finances 4
Total revenue and income
$1,252,294 thousand
Printed as
Total revenue and income 1,252,294 1,221,019
Total expenses
$(1,197,953) thousand
Printed as
Total expenses (1,197,953) (1,108,535)
Employee benefits
$(93,199) thousand
Printed as
Employee benefits 3.2.1 (93,199) (82,979)
Net profit after income tax
$28,626 thousand
Printed as
Net profit after income tax 28,626 79,808
Staff 2
TOTAL
1021 people
Printed as
TOTAL 1021 994.5
TOTAL
994.5 FTE
Printed as
TOTAL 1021 994.5
Executives and remuneration 3
Total number of executives
11
Printed as
Total number of executives 11 12
Total remuneration
$3,206 thousand
Printed as
Total remuneration 3,206 3,051
Total remuneration (a)
$1,158 thousand
Printed as
Total remuneration (a) 1,158 1,115
Consultancies 1
Total Expenditure incurred during the reporting period in relation to these consultants
$0.9 million million
Printed as
Total Expenditure incurred during the reporting period in relation to these consultants was $0.9 million (GST exclusive)
About the document
- Edition
- Current edition
- Reading status
- Read by OPAX
- Pages
- 173
- Figures not found in the report
- Consultancy; Executive band; Head remuneration; Named remuneration