Investor Presentaiton
2020 Trade Receivables Credit Quality Analysis
:
2020
R'000
%
2019
R'000
%
Movement
%
Trade receivables
581 421
100%
607 663
100%
(4.3)%
South Africa
- Offshore
408 216
173 205
70%
30%
457 518
150 145
75%
25%
(10.8)%
15.4%
Key ratios:
Debtor days
Impairment provisions
- Total amount
- Percentage of Trade receivables
Impairments written off
- Total amount (net of recoveries)
- Percentage of Trade receivables
Santova
Decrease in SA debors book aligned to increase in offshore operations
48.9
52.6
(3.7) Impact of SA ageing reduced by 4 days (62 to 58)
12 092
2 800
331.9%
Conservative view taken due to potential COVID-19 impact
2.08%
0.46%
351.3%
2 381
0.41%
2 156
0.35%
Ageing of Trade Receivables
- Total amount >60 days past terms
19 716
8 605
- Percentage >60 days past terms
3.39%
1.42%
10.4%
15.4%
129.1% Majority of overdue debtors relate to SA where the book remains insured
139.5%View entire presentation