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12. Trade and sundry receivables - (continued)
Trade and other receivables past due but not impaired
Trade and other receivables which are less than 3 months past due are not considered to be impaired. At 30 September
2011, R 888 760 (2010: R 399 378) were past due but not impaired.
The ageing of amounts past due but not impaired is as follows:
Group
Company
2011
2010
2011
2010
1 month past due
279 378
62 482
-
-
2 months past due
182 355
20 468
-
-
3 months past due
427 027
316 428
-
-
Trade and other receivables impaired
As of 30 September 2011, trade and other receivables of R 104 922 were recovered and the impairment provided for in
prior years reversed. In 2010 trade and other receivables of R 77 401 were impaired and provided for.
The amount of the provision was R 117 748 as of 30 September 2011 (2010: R 222 670).
The ageing of these loans is as follows:
Group
Company
2011
2010
2011
2010
3 to 6 months
13 701
-
-
-
Over 6 months
104 047
222 670
-
-
Reconciliation of provision for impairment of trade and other receivables
Opening balance
222 670
145 269
-
-
Provision for impairment
-
77 401
-
-
Provision of impairment released
(104 922)
-
-
-
117 748
222 670
-
-
The creation and release of provision for impaired receivables have been included in operating expenses in profit or loss
(note 21).