| |
| |
|
|
|
| |
Trade receivables |
9 397 |
|
9 644 |
| |
Prepayments |
2 054 |
|
1 463 |
|
| |
Accrued income |
2 079 |
|
1 937 |
|
| |
Value added tax |
51 |
|
39 |
|
| |
Derivative financial assets |
108 |
|
73 |
|
| |
Other |
771 |
|
873 |
|
| |
|
14 460 |
|
14 029 |
|
| |
Timing |
|
|
|
|
| |
Non-current |
971 |
|
754 |
|
| |
Current |
13 489 |
|
13 275 |
|
| |
|
14 460 |
|
14 029 |
|
| |
Doubtful receivable allowance included above: |
|
|
|
|
| |
The Group’s trade receivables are stated after allowances for doubtful receivables based on management’s assessment of creditworthiness, an analysis of which is as follows: |
|
|
|
|
| |
1 April |
(1 103) |
|
(828) |
|
| |
Foreign currency translation differences |
306 |
|
3 |
|
| |
Reversed from/(charged to) profit or loss |
48 |
|
(312) |
|
| |
Utilised |
24 |
|
34 |
|
| |
31 March |
(725) |
|
(1 103) |
|
| |
Trade receivables are carried at cost which normally approximates fair value due to short-term maturity. Generally no interest is charged on trade receivables. |
|
|
|
|
| |
Included within derivative financial assets: |
|
|
|
|
| |
At fair value through profit or loss, classified as held for trading: |
|
|
|
|
| |
Fair value hedges: |
|
|
|
|
| |
Foreign exchange forward contracts |
72 |
|
62 |
|
| |
Firm commitment asset – fair value hedge |
36 |
|
11 |
|
| |
|
108 |
|
73 |
|
| |
The fair value of foreign exchange forward contracts is determined with reference to quoted market prices for similar
instruments, being the mid forward rates as at the reporting date. The Group designates certain forward exchange contracts as
fair value hedges to hedge its exposure to variability in the fair value that is attributable to changes in foreign exchange rates. |