| |
2018
R’m |
|
| Trade receivables |
3 332 |
|
3 277 |
|
| Less: Provision for expected credit losses (2018: provision for impairment of receivables) |
(220) |
|
(239) |
|
| Net trade receivables |
3 112 |
|
3 038 |
|
| Other receivables |
635 |
|
598 |
|
| Prepaid expenses |
176 |
|
125 |
|
| Balance at 30 September |
3 923 |
|
3 761 |
|
| Reconciliation of provision for expected credit losses¹ (2018: provision for impairment of receivables) |
|
|
|
|
| Balance at 1 October |
(239) |
|
(247) |
|
| Adjustment upon adoption of IFRS 9 |
20 |
|
– |
|
| Restated balance at 1 October 2018 |
(219) |
|
(247) |
|
| Provision raised |
(19) |
|
(33) |
|
| Debt written off |
18 |
|
41 |
|
| Balance at 30 September |
(220) |
|
(239) |
|
| 1 Refer note 31 – risk management (credit risk). |
|
|
|
|
| The carrying amounts of the trade receivables include some receivables balances in
Alliance Medical which are factored on a full recourse basis, and hence which the
Group continues to recognise in their entirety in the statement of financial position.
The amount repayable under the factoring agreement is presented as a secured
borrowing in note 21. |
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