Investor Presentaiton
Department of Health
Notes to the financial statements
For the year ended on 30 June 2023
8.1
Financial risk management (continued)
c)
Credit risk exposure
The following table details the credit risk exposure on the department's trade receivables using a provision matrix.
Total
$'000
Current
$'000
<30 days
Days past due
31-60 days
61-90 days
>91 days
$'000
$'000
$'000
$'000
30 June 2023
Expected credit loss rate
0.42%
Estimated total gross carrying amount at default
Expected credit losses
1,465
(761)
238
(1)
0.00%
24
0.60%
33.33%
73.38%
167
(1)
3
1,033
(1)
(758)
30 June 2022
Expected credit loss rate
Estimated total gross carrying amount at default
Expected credit losses
17,599
(9,722)
0.57%
871
(5)
4.46%
448
(20)
4.72%
339
36.43%
62.45%
1,054
14,887
(16)
(384)
(9,297)
<
181
Contents About us
Significant issues Report on operations Agency performance ⚫Operational disclosures • Key performance indicators
Financial disclosures and compliance • AppendixView entire presentation