Blue Label Telecoms Integrated Annual Report 2016

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For the year ended 31 May 2016
BLUE LABEL INTEGRATED ANNUAL REPORT 2016
170
NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS
continued
2016
R’000
2015
R’000
8. Trade and other receivables
Sundry debtors 889 26
Prepayments 42 591
Amounts due from related parties (refer to note 21) 5 329 3 592
6 260 4 209
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 2016
Fully performing 5 329 — 5 329
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 — — —
5 329 — 5 329
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
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.