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Trade and other receivables | 12 Months Ended
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Jun. 30, 2023
Trade and other receivables |
17. Trade and other receivables | 17. Trade and other receivables Group’s trade and other receivables as of June 30, 2023 and 2022 were as follows:
|  | 06.30.2023 |  |  | 06.30.2022 |
Trade, leases and services receivable (*) |  |  | 74,186 |  |  |  | 67,328 |
Less: allowance for doubtful accounts |  |  | (1,512 | ) |  |  | (2,212 | )
Total trade receivables |  |  | 72,674 |  |  |  | 65,116 |
Prepayments |  |  | 13,312 |  |  |  | 12,793 |
Borrowings, deposits and others |  |  | 9,533 |  |  |  | 10,275 |
Contributions pending integration |  |  | 45 |  |  |  | 54 |
Guarantee deposits |  |  | 11 |  |  |  | 2 |
Tax receivables |  |  | 8,340 |  |  |  | 6,381 |
Others |  |  | 7,616 |  |  |  | 9,093 |
Total other receivables |  |  | 38,857 |  |  |  | 38,598 |
Total trade and other receivables |  |  | 111,531 |  |  |  | 103,714 |
Non-current |  |  | 33,710 |  |  |  | 31,891 |
Current |  |  | 77,821 |  |  |  | 71,823 |
Total |  |  | 111,531 |  |  |  | 103,714 |
(*) | Includes field sales credits, which are revalued based on the soybean price at each balance sheet date. The related impact in the Statement of Income and Other Comprehensive income is presented within “Financial results, net.
Book amounts of Group's trade and other receivables in foreign currencies are detailed in Note 34. The fair value of current receivables approximates their respective carrying amounts because, due to their short-term nature, the effect of discounting is not considered significant. Trade accounts receivables are generally presented in the 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:
|  | 06.30.2023 |  |  | 06.30.2022 |
Beginning of the year |  |  | 2,212 |  |  |  | 3,531 |
Additions (i) |  |  | 327 |  |  |  | 595 |
Recovery (i) |  |  | (132 | ) |  |  | (610 | )
Currency translation adjustment |  |  | 378 |  |  |  | 132 |
Used during the year |  |  | (4 | ) |  |  | (26 | )
Inflation adjustment |  |  | (1,269 | ) |  |  | (1,410 | )
End of the year |  |  | 1,512 |  |  |  | 2,212 |
(i) | The creation and release of the provision for impaired receivables have been included in “Selling expenses” in the Statement of Income and Other Comprehensive Income (Note.27).
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, 2023 and 2022 (a column of non-past due receivables is also included so that the totals can be reconciled with the amounts appearing on the Statement of Financial Position):
|  | Expired |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Up to 3 months |  |  | From 3 to 6 months |  |  | Over 6 months |  |  | Not past due |  |  | Allowance |  |  | Total |  |  | % of representation |
Leases and services |  |  | 4,162 |  |  |  | 171 |  |  |  | 1,201 |  |  |  | 18,095 |  |  |  | 1,309 |  |  |  | 24,938 |  |  |  | 33.6 | %
Sale of properties and developments |  |  | - |  |  |  | - |  |  |  | 173 |  |  |  | 39,518 |  |  |  | - |  |  |  | 39,691 |  |  |  | 53.5 | %
Agricultural products |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 9,326 |  |  |  | 203 |  |  |  | 9,529 |  |  |  | 12.8 | %
Total as of 06.30.2023 |  |  | 4,162 |  |  |  | 171 |  |  |  | 1,374 |  |  |  | 66,939 |  |  |  | 1,512 |  |  |  | 74,158 |  |  |  | 100.0 | %
|  | Expired |  |  |  |  |  |  |  |  |  |  |
|  | Up to 3 months |  |  | From 3 to 6 months |  |  | Over 6 months |  |  | Not past due |  |  | Allowance |  |  | Total |  |  | % of representation |
Leases and services |  |  | 4,217 |  |  |  | 548 |  |  |  | 1,524 |  |  |  | 14,912 |  |  |  | 2,109 |  |  |  | 23,310 |  |  |  | 34.6 | %
Sale of properties and developments |  |  | 86 |  |  |  | - |  |  |  | 43 |  |  |  | 29,961 |  |  |  | - |  |  |  | 30,090 |  |  |  | 44.7 | %
Agricultural products |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 13,825 |  |  |  | 103 |  |  |  | 13,928 |  |  |  | 20.7 | %
Total as of 06.30.2022 |  |  | 4,303 |  |  |  | 548 |  |  |  | 1,567 |  |  |  | 58,698 |  |  |  | 2,212 |  |  |  | 67,328 |  |  |  | 100.0 | %

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