| 2015 $'000 | 2014 $'000 | |
|---|---|---|
| 1. The increase in overdue receivables is predominantly due to a pricing review for APSJobs, which resulted in invoices being issued to customers later in the financial year and also required additional time to communicate the new pricing structure to customers. At the time of preparing the 2014-15 financial statements, the majority of these receivables had been paid by customers. | ||
| Note 7a: Trade and other receivables | ||
| Goods and services in connection with | ||
| Related parties | 1,743 | 2,442 |
| External parties | 108 | 168 |
| Total goods and services receivables | 1,851 | 2,610 |
| Appropriation receivables | ||
| Existing programmes | 25,025 | 21,362 |
| Total appropriation receivables | 25,025 | 21,362 |
| Other receivables | ||
| GST receivable from the Australian Taxation Office | 539 | 565 |
| Incentive receivable | - | 25 |
| Total other receivables | 539 | 590 |
| Total trade and other receivables (gross) | 27,415 | 24,562 |
| Less impairment allowance | ||
| Goods and services | (6) | (1) |
| Total impairment allowance | (6) | (1) |
| Total trade and other receivables (net) | 27,409 | 24,561 |
| Trade and other receivables (net) expected to be recovered | ||
| No more than 12 months | 27,409 | 24,536 |
| More than 12 months | - | 25 |
| Total trade and other receivables (net) | 27,409 | 24,561 |
| Trade and other receivables (gross) aged as follows | ||
| Not overdue | 26,986 | 24,308 |
| Overdue by | ||
| 0 to 30 days | 92 | 147 |
| 31 to 60 days | 93 | 49 |
| 61 to 90 days | 120 | 45 |
| More than 90 days 1 | 124 | 13 |
| Total trade and other receivables (gross) | 27,415 | 24,562 |
| Impairment allowance aged as follows | ||
| Overdue by | ||
| more than 90 days | (6) | (1) |
| Total impairment allowance | (6) | (1) |
| 2015 $'000 | 2014 $'000 | |
|---|---|---|
|
*These items are assessed as impaired as it will be uneconomic to pursue them. Credit terms for goods and services are within 30 days (2014: 30 days). |
||
| Reconciliation of impairment allowance* | ||
| Opening balance | (1) | (2) |
| Amounts written-off | - | - |
| Amounts recovered and reversed | - | 2 |
| (Increase)/decrease recognised in net cost of services | (5) | (1) |
| Closing balance | (6) | (1) |