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Trade and other receivables

12 Months Ended

Jun. 30, 2024

15. Trade and other receivables

Group’s trade and other receivables as of June 30, 2024 and 2023 were as follows:

	06.30.2024			06.30.2023
Sale, leases and services receivables		43,246			55,429
Less: Allowance for doubtful accounts		(3,077	)		(4,436	)
Total trade receivables		40,169			50,993
Borrowings, deposits and others		40,196			34,790
Advances to suppliers		9,322			8,653
Tax receivables		4,928			5,499
Prepaid expenses		2,487			2,263
Long-term incentive plan		1			4
Dividends receivable		4,731			-
Others		8,561			10,416
Total other receivables		70,226			61,625
Total trade and other receivables		110,395			112,618
Non-current		34,197			16,485
Current		76,198			96,133
Total		110,395			112,618

Book amounts of Group's trade and other receivables in foreign currencies are detailed in Note 32.

Trade accounts receivables are presented in the Consolidated Statement of Financial Position net of allowances for doubtful accounts. Impairment policies and procedures by type of receivables are discussed in detail in Note 2. Movements on the Group’s allowance for doubtful accounts were as follows:

	06.30.2024			06.30.2023
Beginning of the year		4,436			6,836
Additions (i)		841			780
Recovery (i)		(212	)		(449	)
Exchange rate differences		2,996			1,378
Receivables written off during the year as uncollectible		(11	)		-
Inflation adjustment		(4,973	)		(4,109	)
End of the year (i)		3,077			4,436

(i) Additions and recovery of the provision for impaired receivables have been included in “Selling expenses” in the Consolidated Statement of Income and Other Comprehensive Income (Note 24).

The Group’s trade receivables comprise several classes. The maximum exposure to credit risk at the reporting date is the carrying amount of each class of receivables (see Note 5). The Group also has receivables from related parties neither of them is due nor impaired.

Due to the distinct characteristics of each type of receivables, an aging analysis of past due unimpaired and impaired receivables is shown by type and class, as of June 30, 2024 and 2023 (a column of non-past due receivables is also included so that the totals can be reconciled with the amounts appearing on the Consolidated Statement of Financial Position):

	Past due
	Up to 3 months		From 3 to 6 months		Over 6 months		Non-past due		Impaired		Total		% of representation
Leases and services		6,751		1,133		3,735		26,241		3,077		40,937		94.66	%
Sale of properties and developments		-		-		-		2,309		-		2,309		5.34	%
Total as of June 30, 2024		6,751		1,133		3,735		28,550		3,077		43,246		100.00	%

Leases and services		1,690		457		3,830		44,369		4,436		54,782		98.83	%
Sale of properties and developments		-		-		643		4		-		647		1.17	%
Total as of June 30, 2023		1,690		457		4,473		44,373		4,436		55,429		100.00	%