City of Melbourne Annual Report 2015-16


Note 17. Trade and other receivables



Download 3.46 Mb.
Page44/57
Date conversion29.03.2017
Size3.46 Mb.
1   ...   40   41   42   43   44   45   46   47   ...   57

Note 17. Trade and other receivables

Current

Current

Consolidated

2016


$'000

Consolidated

2015


$'000

Council

2016


$'000

Council

2015


$'000

Rate debtors

1,955

818

1,955

818

Parking infringement debtors

32,525

31,265

32,525

31,265

Provision for doubtful debts - Parking infringements

(17,722)

(16,633)

(17,722)

(16,633)


Other debtors

33,178

32,235

5,560

6,770

Provision for doubtful debts - Trade debtors

(826)

(794)

(288)

(371)

Net GST receivable

2,998

2,896

4,595

5,286

Total current trade and other receivables

52,108

49,787

26,625

27,135

Non-Current

Non-Current


Consolidated

2016

$'000

Consolidated

2015

$'000

Council

2016

$'000

Council

2015

$'000

Project Loans

1,342

797

0

0

Total current trade and other receivables

1,342

797

0

0

Project loans relate to funds on loan from the Sustainable Melbourne Fund to organisations undertaking works for environmentally sustainable projects.

Ageing of receivables – Other debtors


Ageing of receivables – Other debtors


Consolidated

2016


$'000

Consolidated

2015


$'000

Council

2016


$'000

Council

2015


$'000

Current (not yet due)

26,572

27,050

3,206

4,597

Past due by up to 30 days

2,561

3,277

1,167

1,093

Past due between 31 and 180 days

3,134

1,544

1,033

880

Past due between 181 and 365 days


888

280

131

116

Past due by more than 1 year

23

84

23

84

Total

33,178

32,235

5,560

6,770

Provision for doubtful debts

Provision for doubtful debts

Consolidated

2016


$'000

Consolidated

2015


$'000

Council

2016


$'000

Council

2015

$'000


Provision for doubtful debts - Parking infringement

17,722

16,633

17,722

16,633

Provision for doubtful debts - Trade debtors

826

794

288

371

Total

18,548

17,427

18,010

17,004

Movement in doubtful debts – parking infringement

Movement in doubtful debts – parking infringement

Consolidated

2016


$'000

Consolidated

2015

$'000


Council

2016


$'000

Council

2015


$'000

Balance at the beginning of the year

16,633

14,732

16,633

14,732

New provisions recognised

5,279

6,487

5,279

6,487

Amounts written off as uncollectible

(6,630)

(6,984)

(6,630)

(6,984)

Amounts recovered during the year

2,440

2,398

2,440


2,398

Balance at the end of the year

17,722

16,633

17,722

16,633

Movement in doubtful debts – trade debtors

Movement in doubtful debts – trade debtors

Consolidated

2016


$'000

Consolidated

2015


$'000

Council

2016


$'000

Council

2015


$'000

Balance at the beginning of the year

794

556

371

246


New provisions recognised

64

279

(82)

126

Amounts written off as uncollectible

(165)

(124)

(134)

(84)

Amounts recovered during the year

133

83

133

83

Balance at the end of the year

826

794

288

371

Ageing of impaired receivables

At balance date, trade debtors representing financial assets with a nominal value of $0.826 million (2015: $0.794 million) were impaired. The amount of the new provision raised against these debtors was $0.064 million (2015: $0. 279 million). They individually have been impaired as a result of their doubtful collection. Many of the long outstanding past due amounts have been lodged with Council's debt collectors or are on payment arrangements.

The ageing of trade receivables that have been individually determined as impaired at reporting date was:


Ageing of receivables (impaired)

Consolidated

2016


$'000

Consolidated

2015


$'000

Council

2016


$'000

Council

2015


$'000

Current (not yet due)

172

169

0

0

Past due by up to 30 days

3

67

0

0

Past due between 31 and 180 days

88

143

79

129

Past due between 181 and 365 days

472


332

118

159

Past due by more than 1 year

91

83

91

83

Total

826

794

288

371


: SiteCollectionDocuments
SiteCollectionDocuments -> Year one progress report
SiteCollectionDocuments -> City of Melbourne Annual Report 2012–13
SiteCollectionDocuments -> Year one key achievements Melbourne Music Symposium 2015
SiteCollectionDocuments -> Annual Report 2014–15
SiteCollectionDocuments -> We are pleased to present to you the City of Melbourne’s annual report for 2012–13
SiteCollectionDocuments -> World War One memorials in the City of Melbourne by Dr Michael Cathcart
SiteCollectionDocuments -> Learning Objective Activities Areas of Learning
SiteCollectionDocuments -> Queen mary 2 Fact Sheet
SiteCollectionDocuments -> Discussion Paper on Ecosystem Services for the Department of Agriculture, Fisheries and Forestry Final Report
SiteCollectionDocuments -> Transport/movement re theme: leaders


1   ...   40   41   42   43   44   45   46   47   ...   57


The database is protected by copyright ©hestories.info 2017
send message

    Main page