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BUSINESS MODEL
AND STRATEGIC
OBJECTIVES
LEADERSHIP
GOVERNANCE
OPERATING
PERFORMANCE
SHAREHOLDERS’
INFORMATION AND
ADMINISTRATION
FINANCIAL
PERFORMANCE
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
165
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2014
2014
R’000
2013
R’000
9.
TRADE AND OTHER RECEIVABLES
Trade receivables
2 152 107
1 427 759
Less:
Provision for impairment
(15 665)
(7 639)
2 136 442
1 420 120
Sundry debtors
22 456
14 609
Prepayments
12 544
9 197
VAT
55 255
81 003
Receivables from related parties (refer to note 28)
6 880
14 436
2 233 577
1 539 365
Less
: Amounts included in current portion of trade and other receivables
(2 181 973)
(1 539 365)
51 604
—
The Group’s exposure to credit and currency risk relating to trade and other receivables is disclosed in note 3.