Entire Document - Chris Hani District Municipality

Long-term Receivables and Other Debtors are individually evaluated annually atreporting date for impairment or discounting. A report on the various categoriesof debtors is drafted to substantiate such evaluation and subsequent impairment /discounting, where applicable.The municipality does not have any significant credit risk exposure to any singlecounterparty or any group of counterparties having similar characteristics. Themunicipality defines counterparties as having similar characteristics if they arerelated entities. The credit risk on liquid funds is limited because the counterpartiesare banks with high credit-ratings.2012 2011RRThe maximum credit and interest risk exposure in respect of the relevant financialinstruments is as follows:Chapter 4Trade Receivables from Exchange Transactions (0) 196 654 073Trade Receivables from Non-exchange Transactions 110 716 107 101 179 144Bank, Cash and Cash Equivalents 297 954 043 383 190 713Maximum Credit and Interest Risk Exposure 408 670 150 681 023 930The major concentrations of credit risk that arise from the municipality’s receivablesin relation to customer classification are as follows:% %Trade Receivables from Exchange Transactions:- Household 0% 63%- Industrial / Commercial 0% 2%- National and Provincial Government 0% 1%- Other Classes 0% 0%Trade Receivables from Non-exchange Transactions:- Other not Classified 100% 34%Total Credit Risk 100% 100%Bank and Cash Balances2012 2011RRFirst National Bank 298 149 643 383 188 513Cash Equivalents 2 200 2 200201