Page 57 - Bauxite Resources Annual Report 2013

Notes to the Financial Statements cont.
Notes Consolidated Group
2013
$
2012
$
7. CURRENT ASSETS - CASH AND CASH EQUIVALENTS
Cash at bank and in hand 1,028,999 3,936,094
Short-term deposits 42,852,154 44,094,996
Cash and cash equivalents as shown in the balance sheet and the statement of cashflows 43,881,153 48,031,090
8. CURRENT ASSETS - TRADE AND OTHER RECEIVABLES
Trade debtors 95,549 1,150,172
Sundry receivables 1,256,373 224,697
Accrued interest income 314,500 240,815
Prepayments 190,484 69,696
1,856,906 1,685,380
The Group has a concentration of credit risk with respect to one entity holding 55.60% (2012: 89.7%) of the trade debtors. The class of assets
described as “trade and other receivables” is considered to be the main source of credit risk related to the Group.
Gross Amount Past due but not impaired
(days overdue)
< 30 31–60 61–90 > 90
2013
Trade and debtors 95,549 49,209 - - -
Total 95,549 49,209 -
2012
Trade and debtors 1,150,172 - - - 936,154
Total 1,150,172 - - - 936,154
Neither the Group nor parent entity holds any financial assets with terms that have been renegotiated, which would otherwise be past due or
impaired.
Notes Consolidated Group
2013
$
2012
$
9. NON-CURRENT ASSETS - OTHER FINANCIAL ASSETS
Bonds & security deposits 480,043 703,643
480,043 703,643
Annual Report 2013 Bauxite Resources 55