2014 Rm |
2013 Rm |
||
16. |
Trade and other receivables |
||
Trade receivables | 589 | 1 123 | |
Advances | 643 | 523 | |
Other receivables | 263 | 277 | |
Sale and leaseback of properties | – | 133 | |
Employee receivables | 427 | 230 | |
South African Revenue Service (value added taxation) | 717 | 744 | |
Current tax receivable | 439 | 438 | |
3 078 | 3 468 | ||
Advances to customers are secured by toll refining in-process metal held as collateral against these advances. The value of this metal is higher than the advances. | |||
The uncovered foreign currency denominated balances, included above, were as follows: | |||
Trade and other receivables (US$ million) | 95 | 84 | |
The credit exposures of trade receivables and advances by country are as follows: | |||
North America | 15 | 50 | |
South Africa | 556 | 1 047 | |
Asia | 36 | 117 | |
Europe | 24 | 208 | |
Zimbabwe | 601 | 224 | |
1 232 | 1 646 |
In the prior year, a current trade receivable of R148 million comprising toll income and fees was impaired. |