|
|
|
| Note 5. Trade and other receivables |
| |
Consolidated |
Council |
| |
2009 |
2008 |
2009 |
2008 |
| |
$'000 |
$'000 |
$'000 |
$'000 |
| Current (i) |
|
|
|
|
| Rates |
1,705 |
1,139 |
1,706 |
1,139 |
| Parking Infringement Debtors |
25,297 |
23,789 |
25,297 |
23,789 |
| Provision for Debts - Parking Infringement |
(13,336) |
(12,350) |
(13,336) |
(12,350) |
| Other Debtors* |
20,732 |
71,147 |
6,851 |
52,074 |
| Provision for Doubtful Debts - Other Debtors |
(660) |
(836) |
(441) |
(454) |
| GST Receivable |
3,627 |
4,207 |
3,735 |
4,031 |
| Loan to CityWide Solutions Pty Ltd |
- |
- |
47 |
47 |
| |
37,366 |
87 097 |
23,858 |
68 277 |
| *A receivable of $46.5 million has been recognised at 30 June 2008 representing the value of assets that will be received on the 1 July 2008 due to the transfer of Kensington and North Melbourne precinct to Council. |
| |
Consolidated |
Council |
| |
2009 |
2008 |
2009 |
2008 |
| |
$'000 |
$'000 |
$'000 |
$'000 |
| Ageing of past due but not impaired(ii) |
|
|
|
|
| 60-90 days |
308 |
764 |
301 |
85 |
| 90-120 days |
294 |
724 |
290 |
297 |
| 120+ days |
268 |
554 |
257 |
322 |
| Total |
870 |
2 042 |
848 |
704 |
| (ii) This disclosure relates only to Other Debtors. Rates and Parking Infringement Debtors are not financial instruments and are therefore not included. |
| |
Consolidated |
Council |
| |
2009 |
2008 |
2009 |
2008 |
| |
$'000 |
$'000 |
$'000 |
$'000 |
| Provision for doubful debts |
|
|
|
|
| Provision for Doubtful Debts - Other Debtors |
842 |
836 |
441 |
454 |
| Total |
842 |
836 |
441 |
454 |
| Momement in allowance for doubful debts |
|
|
|
|
| Balance at the beginning of the year |
836 |
280 |
454 |
93 |
| New provisions recognised |
163 |
636 |
163 |
374 |
| Impairment losses recognised |
- |
- |
- |
- |
| Amounts written off as uncollectible |
(157) |
(80) |
(176) |
(13) |
| Amounts recovered during the year |
- |
- |
- |
- |
| Impairment losses reversed |
- |
- |
- |
- |
| Balance at the end of the year |
842 |
836 |
441 |
454 |
|
