Please note: These amounts are rounded to the nearest dollar, as required by the Resource Management Guide No. 125 “Commonwealth Entities Financial statements Guide”

Note 18: Administered – Financial Assets
  2015
$
2014
$
Note 18A: Trade and other Receivables
Other receivables
Court-awarded penalties 752, 020 497,113
Total trade and others receivables (gross) 752, 020 497,113
Less impairment allowance
Other receivables – Court-awarded penalties
Net Receivables 752, 020 497,113
Trade and others receivables (gross) aged as follows
Not overdue 691,000 308, 500
Overdue by: 0 to 30 days 21,420
Overdue by: 31 to 60 days
Overdue by: 61 to 90 days
More than 90 days 61,020 167,193
Total trade and others receivables (gross) 752, 020 497,113
No indicators of impairment were identified for trade and other receivables.
The receivables amount shown as being overdue for more than 90 days relates to court penalties which are currently subject to appeal. It is the opinion of the FWBII that this amount is still recoverable.
Note 18B: Other Financial Assets
Accrued revenue 113,566 10,000
Total other financial assets 113,566 10,000