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NOTE 12. TRADE AND OTHER RECEIVABLES

12 Months Ended

Dec. 31, 2021

NOTE 12. TRADE AND OTHER RECEIVABLES


	Consolidated
	December 31, 2021 A$	December 31, 2020 A$
Trade receivables	480,095	1,233,709
Other receivables	20,482	1,689
	500,577	1,235,398
Less: Allowances for doubtful debts	(14,456)	(70,793)
	486,121	1,164,605

(a) Ageing Analysis

The ageing analysis of trade receivables is as follows:


	Consolidated
	December 31, 2021 A$	December 31, 2020 A$

Past due:
< 31 days Less than 31 days	190,969	711,754
31 - 90 days	-	394,384
> 90 days	289,126	127,571
	480,095	1,233,709

(b) Trade receivables which are past due but not impaired

Included in the Group's trade receivable balances are debtors with an aggregate carrying amount of A$480,095 (2020: A$1,233,709) which are past due at the end of the reporting period for which the Group has made provision for impairment loss of A$14,456 (2020: A$70,793).

The carrying value of trade receivables is considered reasonable approximation of fair value to the short-term nature of the balance.

The maximum exposure to credit risk at the reporting date is the fair value of each class of receivables in the consolidated financial statements. Refer to Note 28(e) for further details of credit risk management.