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Trade and other receivables | 12 Months Ended
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Jun. 30, 2019
Trade and other receivables |
Trade and other receivables | 24 Trade and other receivables
|  | 2019 |  | 2018* |
for the year ended 30 June |  | Rm |  | Rm |
Trade receivables |  | 23 237 |  | 23 742 |
Other receivables** |  | 2 760 |  | 3 231 |
Related party receivables — equity accounted investments |  | 67 |  | 102 |
Impairment of trade and other receivables |  | (453 | ) | (427 | )
Trade and other receivables |  | 25 611 |  | 26 648 |
Duties recoverable from customers |  | 467 |  | 600 |
Prepaid expenses and other |  | 1 425 |  | 829 |
Value added tax |  | 1 075 |  | 1 652 |
|  | 28 578 |  | 29 729 |
*Comparative information is based on IAS 39. **Other receivables include short-term portion of long-term receivables, receivables related to exploration activities, employee-related receivables and short-term deposits. Impairment of trade receivables Trade receivables are considered for impairment under the expected credit loss model. Trade receivables are impaired when there is no reasonable prospect that the customer will pay. Refer to note 40 for detail on the impairments recognised. No individual customer represents more than 10% of the group’s trade receivables. Fair value of trade receivables The carrying value approximates fair value because of the short period to maturity of these instruments. Collateral The group holds no collateral over the trade receivables which can be sold or pledged to a third party. Credit risk exposure in respect of trade receivables under IAS39 is analysed as follows:
|  | Carrying value |  | Impairment |
|  | 2018 |  | 2018 |
for the year ended 30 June |  | Rm |  | Rm |
Age analysis of trade receivables |  |  |  |  |
Not past due date |  | 21 611 |  | 3 |
Past due 0 – 30 days |  | 1 477 |  | 5 |
Past due 31 – 150 days |  | 257 |  | 18 |
Past due 151 days – one year |  | 93 |  | 44 |
More than one year*** |  | 304 |  | 129 |
|  | 23 742 |  | 199 |
***More than one year relates to long outstanding balances for specific customers who have exceeded their contractual repayment terms.
|  | 2019 |  | 2018 |
|  | Rm |  | Rm |
Business segmentation |  |  |  |  |
 | Mining |  | 276 |  | 428 |
 | Exploration and Production International |  | 497 |  | 736 |
 | Energy |  | 10 357 |  | 11 487 |
 | Base Chemicals |  | 7 603 |  | 7 022 |
 | Performance Chemicals |  | 8 071 |  | 8 585 |
 | Group Functions |  | 1 774 |  | 1 471 |
Total operations |  | 28 578 |  | 29 729 |
Accounting policies: IFRS 9 applicable in 2019: Trade and other receivables are recognised initially at transaction price and subsequently stated at amortised cost using the effective interest rate method, less impairment losses. A simplified expected credit loss model is applied for recognition and measurement of impairments in trade receivables, where expected lifetime credit losses are recognised from initial recognition, with changes in loss allowances recognised in profit and loss. The group did not use a provisional matrix. Trade and other receivables are written off where there is no reasonable expectation of recovering amounts due. The trade receivables do not contain a significant financing component. IAS 39 applicable in 2018: Trade and other receivables are recognised initially at fair value and subsequently stated at amortised cost using the effective interest rate method, less impairment losses.

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- Definition The disclosure of trade and other receivables. [Refer: Trade and other receivables] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
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