Blue Label Telecoms Integrated Annual Report 2014

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NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS CONTINUED
For the year ended 31 May 2014
242 BLUE LABEL INTEGRATED ANNUAL REPORT 2014
2014
R’000
2013
R’000
8. TRADE AND OTHER RECEIVABLES
Trade receivables — —
Sundry debtors 211 148
Prepayments 535 617
VAT 1 721 —
Amounts due from related parties (refer to note 21) — 6 425
2 467 7 190
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 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 — — —
— — —
31 May 2013
Fully performing 6 425 — 6 425
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 — — —
6 425 — 6 425
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.
2014
R’000
2013
R’000
9. CASH AND CASH EQUIVALENTS
Cash at bank 1 418 1 110
1 418 1 110