| |
|
|
|
GROUP |
|
COMPANY |
|
| |
|
|
|
2005 |
|
2004 |
|
2005 |
|
2004 |
|
| |
|
|
|
|
|
Restated |
|
|
|
Restated |
|
| |
|
|
|
Rm |
|
Rm |
|
Rm |
|
Rm |
|
14.
|
ACCOUNTS RECEIVABLE
|
|
|
|
|
|
|
|
|
|
|
|
Trade receivables |
|
|
489,0 |
|
453,2 |
|
0,1 |
|
1,4 |
|
|
Less: provision for irrecoverable amounts |
|
|
(13,1) |
|
(17,6) |
|
– |
|
(0,1) |
|
|
Prepayments and deposits |
|
|
14,8 |
|
24,4 |
|
– |
|
– |
|
|
SARS – VAT |
|
|
1,4 |
|
8,0 |
|
– |
|
– |
|
|
Other receivables |
|
|
6,8 |
|
2,5 |
|
2,0 |
|
– |
|
|
Forward exchange contract asset |
|
|
3,6 |
|
– |
|
– |
|
– |
|
|
Carrying value |
|
|
502,5 |
|
470,5 |
|
2,1 |
|
1,3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit periods and interest charged on overdue accounts vary widely depending on the nature of the business. |
|
|
|
|
|
|
|
|
|
|
|
The provision for irrecoverable amounts has been determined by reference to past experience. |
|
|
|
|
|
|
|
|
|
|
| |
The directors consider that the carrying amount of
accounts receivable approximates fair value. |
|
|
|
|
|
|
|
|
|
|
