Blue Label Telecoms Integrated Annual Report 2015

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NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS CONTINUED
For the year ended 31 May 2015
212
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
2015
R’000
2014
R’000
8. TRADE AND OTHER RECEIVABLES
Trade receivables — —
Sundry debtors 26 211
Prepayments 591 535
VAT — 1 721
Amounts due from related parties (refer to note 21) 3 592 —
4 209 2 467
The ageing of trade receivables, including amounts due from related parties, at the reporting date is as
follows:
Gross
R’000
Impairment
R’000
Net
R’000
31 May 2015
Fully performing 3 592 — 3 592
Past due by one to 30 days — — —
Past due by 31 to 60 days — — —
Past due by 61 to 90 days — — —
Past due by more than 90 days — — —
3 592 — 3 592
31 May 2014
Fully performing — — —
Past due by one to 30 days — — —
Past due by 31 to 60 days — — —
Past due by 61 to 90 days — — —
Past due by more than 90 days — — —
— — —
Based on the financial performance of the relevant debtors, management does not consider there to
be any indications of potential default in respect of the fully performing book.
2015
R’000
2014
R’000
9. CASH AND CASH EQUIVALENTS
Cash at bank 2 283 1 418
2 283 1 418