COMPANY | |||||||
2022 |
2021 |
||||||
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
Stage 1 |
Stage 2 |
Stage 3 |
Total |
Stage 1 |
Stage 2 |
Stage 3 |
Total |
Allowance for expected credit losses |
( 4 ) |
- |
( 16 ) |
( 20 ) |
( 4 ) |
- |
( 24 ) |
( 28 ) |
|
Opening balance |
( 4 ) |
- |
( 24 ) |
( 28 ) |
( 36 ) |
( 49 ) |
( 13 ) |
( 98 ) |
|
New assets originated or purchased |
- |
- |
- |
- |
- |
- |
- |
- |
|
Payments and assets derecognised |
3 |
- |
12 |
15 |
32 |
49 |
4 |
85 |
|
Transfer to stage 1 |
- |
- |
- |
- |
- |
- |
( 23 ) |
( 23 ) |
|
Transfer to stage 2 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Transfer to stage 3 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amount written off |
- |
- |
- |
- |
- |
- |
- |
- |
|
Effect of modifications |
( 3 ) |
- |
- |
( 3 ) |
- |
- |
- |
- |
|
Effect of changes in assumptions |
- |
- |
( 4 ) |
( 4 ) |
- |
- |
8 |
8 |
Trade receivables |
3,421 |
40 |
3,461 |
2,957 |
58 |
3,015 |
Production accounts |
2,853 |
22 |
2,875 |
2,526 |
35 |
2,561 |
Current accounts |
568 |
18 |
586 |
431 |
23 |
454 |
Current portion of loans and other receivables |
296 |
34 |
330 |
291 |
46 |
337 |
Grain debtors |
147 |
- |
147 |
156 |
- |
156 |
Sundry receivables |
614 |
- |
614 |
828 |
- |
828 |
Less : allowance for impairment |
( 152 ) |
1 |
( 151 ) |
( 111 ) |
( 21 ) |
( 132 ) |
Total trade and other receivables |
4,326 |
75 |
4,401 |
4,121 |
83 |
4,204 |