147 / 248
For the year ended 31 May 2015
145
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
2014
R’000
9.
TRADE AND OTHER RECEIVABLES
Trade receivables
2 642 059
2 152 107
Less:
Provision for impairment
(10 927)
(15 665)
2 631 132
2 136 442
Sundry debtors
34 265
22 456
Contingent consideration receivable*
17 757
—
Prepayments
68 958
12 544
VAT
15 960
55 255
Receivables from related parties (refer to note 29)
9 178
6 880
2 777 250
2 233 577
Less:
Amounts included in current portion of trade and other
receivables**
(2 712 165)
(2 181 973)
65 085
51 604
* This relates to the contingent consideration receivable for the disposal of Ukash. Refer to note 6 for further details.
** Included in the amount above are starter pack debtors that have a cycle period which may be in excess of
12 months.
The Group’s exposure to credit and currency risk relating to trade and other receivables is disclosed in
note 3.
2015
R’000