3. PPECB Annual Report 2009-2010

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5.5 Temporary Idle Assets and Assets held for DisposalLand and buildingsMotor vehiclesFurniture and equipmentTechnical equipment2010R----2009R----- -5.6 Cost of Assets with Zero Book ValueLand and buildingsMotor vehiclesFurniture and equipmentTechnical equipment2010R-101,700390,5874,094,5382009R-1,754479,28810,127,6434,586,825 10,608,6856 Financial Assets Held to MaturityRand Merchant BankNedbankABSA2010R19,744,51728,093,40615,712,4432009R14,066,93122,103,51610,199,49363,550,366 46,369,9407 Trade and Other ReceivablesTrade debtorsProvision for impairment of receivablesSundry debtorsProvision for loss on amounts receivable2010R19,578,370(218,466)19,359,904430,570(193,784)2009R20,864,888(302,592)20,562,296434,904(193,784)19,596,690 20,803,41682PPECB | annual report | 2009 - 2010
As of 31 March 2010, trade receivables of R16,8 million (2009: R19,4 million) were fully performing.Trade receivables that are less than 30 days past due are not considered impaired. As of 31 March 2010, trade receivables ofR483 663 (2009: R877,392) were past due but not impaired. These relate to a number of independent customers for whomthere is no recent history of default. The ageing analysis of these trade receivables is as follows:Between 30 and 60 days after statementGreater than 60 days after statement2010R436,83046,8332009R292,185585,207483,663 877,392As of 31 March 2010, trade receivables of R218,466 (2009: R302,592) were impaired and provided for. The individuallyimpaired receivables mainly relate to producers and exporters, who are in unexpectedly difficult economic situations.The ageing of these receivables is as follows:Less than one yearBetween one and three yearsGreater than three years2010R183,48734,0609192009R158,143114,01530,434At 31 March218,466 302,592Movements on the provision for impairment of trade receivables are as follows:At 1 AprilProvision for receivable impairmentBad debt written offUnused amounts reversed2010R302,592218,466(208,945)(93,647)2009R213,663302,592-(213,663)At 31 March218,466 302,592PPECB | annual report | 2009 - 2010 83
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our visionA Partner in Global Compe
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highlightsfinancial highlightsFinan
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The PPECB Cold Chain monitoring fun
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usinessoverviewcontentsHistoric Tim
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Historic Timeline1926 - 20101926192
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strategic intentPPECB is committed
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executiveoverviewcontentsBoard of D
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eport by thechairpersonElaine Alexa
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executive committee2009 / 2010Luvuy
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StrategicObjectiveKeyPerformanceInd
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3. PPECB Annual Report 2009-2010

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