Page 78 - Stellar IAR2015

NOTES TO THE ANNUAL FINANCIAL STATEMENTS (CONTINUED)10. TRADE AND OTHER RECEIVABLESR’000GroupCompany2014 2014Trade receivablesAllowance for impairment of trade receivablesNet trade receivablesOther receivablesPrepayment -98Long-outstanding trade receivables in the amount of R0.04 million (2014: R0.8 million) were impaired during the current reporting period. The carrying amount of the remaining trade and other receivables approximates its fair value due to the short period to maturity.98 - 98 -R’000Reconciliation of allowance for impairmentOpening balanceProvision for receivables impairment (refer to note 21) Receivables written o during the yearImpaired receivables held by Consolidated Subsidiaries disposed of (refer to note 33)Transferred to disposal group held for sale (refer to note 12)R’000Trade receivables past due but not impaired 3 months or more past due11. CASH AND CASH EQUIVALENTSR’000Cash held at bankGroupGroupGroup201420142014CompanyCompanyCompany2014- - -- - -2014- -20142 338 2 338The Group currently does not have any overdraft facilities and does not have any restrictions over the use of its cash. A description of the Group’s nancial instrument risks, including risk management objectives and policies is given in note 31.201555 (43)201574 | STELLAR CAPITAL PARTNERS12 11 -3 377 (2 816)561 - 102 120 846 (150)- -55 (43)12 11 -2 816 771 (1 327)(2 217) -235712320152015- 43 -- -432 816432015-2015-2015797 760797 760-5615613 3343 334711 409-2015711 409