Trade and Other Receivables

12 Months Ended

Jun. 30, 2019

Subclassifications of assets, liabilities and equities [abstract]

Trade and Other Receivables

TRADE AND OTHER RECEIVABLES

	SA rand
Figures in million	2019		2018
Financial assets
Trade receivables (metals)	448		542
Other trade receivables	230		123
Loss allowance	(68	)	(60	)
Trade receivables - net	610		605
Interest and other receivables	7		7
Employee receivables	10		14
Non-financial assets
Prepayments	67		76
Value added tax	281		316
Income and mining taxes	89		121
Total trade and other receivables	1 064		1 139

The movement in the loss allowance for trade and other receivables during the year was as follows (refer to note 4 for details):

	SA rand
Figures in million	2019		2018
Balance at beginning of year	60		51
Increase in loss allowance recognised during the year	47		11
Reversal of loss allowance during the year	(39	)	(2	)
Balance at end of year	68		60

The loss allowance for trade and other receivables stratified according to ageing profile at the reporting date is as follows:

	SA rand
Figures in million	Gross	Loss allowance
30 June 2019
Not past due1	562	—
Past due by 1 to 30 days	3	—
Past due by 31 to 60 days	30	—
Past due by 61 to 90 days	9	—
Past due by more than 90 days	12	11
Past due by more than 361 days	62	57
	678	68
30 June 2018
Not past due	586	16
Past due by 1 to 30 days	10	—
Past due by 31 to 60 days	21	—
Past due by 61 to 90 days	6	5
Past due by more than 90 days	10	10
Past due by more than 361 days	32	29
	665	60

¹Includes the full trade receivables (metals) balance.

19 TRADE AND OTHER RECEIVABLES continued

During 2018 and 2019 there was no renegotiation of the terms of any receivable. As at 30 June 2019 and 30 June 2018, there was no collateral pledged or held for any of the receivables.