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AFRICAN DAWN 2015 Annual Report

Notes to the Financial Statements continued 44. Risk management (continued) Group 2015 2014 Opening balance 102,313 125,475 Transfer of gross trade debtors and impairment/reversal thereof to other receivables - (46,571) Plus additional impairment provisions 12,999 11,781 Prior year error (refer to note 43) - 14,187 Less actual write off (10,140) (2559) Nexus disposal (refer to note 38) (38,683) - Ageing of those financial assets that are passed due but not impaired AFRICAN DAWN 120 ANNUAL REPORT 2015 66,489 102,313 Trade and other receivables - impairment reconciliation The Company does not have a provision for impairment Analysis of financial assets that are neither past due nor impaired Group 2015 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables 15,926 381 39 1,423 Group 2014 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables 15,771 759 49 7,323 Company 2015 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables - - - - Company 2014 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables - - - - Ageing of those financial assets that are impaired: Group 2015 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables 5,893 5,000 2,974 70,117 Group 2014 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables 14,202 3,824 2,589 106,252 Group 2015 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables 19 89 10 53 Other receivables - - - - Group 2014 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables 7,984 65 7 35 Company 2015 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables - - - - Company 2014 R’000 Current 30-60 days 60-90 days 90 + days Trade receivables - - - - Credit quality information for financial assets that are neither past due nor impaired


AFRICAN DAWN 2015 Annual Report
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