| 2020 R'000 | 2019 R'000 | |||||
| 25. | Trade and other receivables | |||||
| Trade receivables | 10 459 389 | 9 722 955 | ||||
| Impairment allowances | (627 088) | (285 129) | ||||
| Net trade receivables | 9 832 301 | 9 437 826 | ||||
| Forward exchange contracts asset | 14 565 | 1 093 | ||||
| Derivative assets | 12 410 | – | ||||
| Receivables relating to customer contracts | 436 100 | 233 981 | ||||
| Deposits and prepayments | 722 326 | 590 031 | ||||
| Value added tax receivable | 136 658 | 168 454 | ||||
| Vehicles purchased with guaranteed buy-backs from OEMs | – | 44 005 | ||||
| Receivables arising on disposal of subsidiaries and or associates | 99 020 | – | ||||
| Other receivables* | 1 269 266 | 1 248 674 | ||||
| 12 522 646 | 11 724 064 |
| * | Other receivables consist of a variety of items which are not individually material. Although these receivables are also subject to impairment requirements of IFRS 9, the impairment loss was not material. |
The majority of trade and other receivables are fixed in the subsidiaries' local currency. As trade and other receivables have limited exposure to exchange rate fluctuations, a currency analysis has not been included. Refer note 40 Nature and extent of risks arising from financial instruments for further disclosure on trade receivables, loss allowances, forward exchange conracts and interest rate swops. |