Note 24. Receivables
| 2013 $’000 |
2012 $’000 |
|
| Current Receivables | ||
| Trade Receivablesa | 9,519 | 8,705 |
| Less: Allowance for Impairment Losses | (1,668) | (1,697) |
| 7,851 | 7,008 | |
| Other Trade Receivablesb | 74,767 | 13,910 |
| Less: Allowance for Impairment Losses | (478) | (538) |
| 74,289 | 13,372 | |
| Net GST Receivable | 4,035 | 4,572 |
| 4,035 | 4,572 | |
| Accrued Revenuec | 4,254 | 6,349 |
| Accrued Revenue – Cross Borderd | 35,910 | 26,429 |
| 40,164 | 32,778 | |
| Total Current Receivables | 126,339 | 57,730 |
| Total Non-Current Receivables | – | – |
| Total Receivables | 126,339 | 57,730 |
a) The increase mainly relates to private patients fees and an increase in debtors for consumables sold to private hospitals.
b) The increase mainly relates to receivable from the ACT Local Hospital Network Directorate for the provision of hospital services under the new funding arrangement, an increase in receivable for Calvary Health Care for seconded medical staff reimbursements, and for reimbursement for residential care services by the Community Services Directorate.
c) The decrease mainly relates to prior year acquittals, settled during the year with the Department of Veterans’ Affairs for hospital care provided to veterans.
d) The increase mainly reflects adjustments for prior year activity not yet paid by the New South Wales Ministry of Health.
| Ageing of Receivables | |||||
| Not Overdue $’000 |
Past Due Less Than 30 daysf$’000 |
Past Due 30 to 60 daysf$’000 |
Past Due Greater Than 60 daysf$’000 |
Total $’000 |
|
| 2013 | |||||
| Not Impaired | |||||
| Receivablese | 77,647 | 3,503 | 1,486 | 7,793 | 90,429 |
| Cross Borderg | 35,910 | – | – | – | 35,910 |
| Impaired | |||||
| Receivables | – | – | – | 2,146 | 2,146 |
| 2012 | |||||
| Not Impaired | |||||
| Receivables | 24,811 | 1,269 | 561 | 4,660 | 31,301 |
| Cross Border | 26,429 | – | – | – | 26,429 |
| Impaired | |||||
| Receivables | – | – | – | 2,235 | 2,235 |
| Receivables are written-off during the year in which they are considered to become uncollectible. | |||||
e) ‘Not Overdue’ component of Receivables largely consist of accrued revenues for Department of Veterans’ Affairs patients which are not due until an acquittal process in subsequent years, Goods and Services Input Tax receivable from the Australian Taxation Office and private patient fees accrued in June. ‘Past Due – Greater Than 60 Days are mostly third party, workers’ compensation or public liability transactions which have become the subject of legal claims as to responsibility for the payment. Substantial delays can therefore occur before liability for such debts is determined. This also includes amounts receivable from Calvary Health Care for medical officers seconded from the Canberra Hospital.
f) The increase in the overdue amounts in 2013 is largely attributable to payments due from Calvary Health Care.
g) Cross Border receivables is funding due from the New South Wales Ministry of Health for admitted and non-admitted patient services provided to residents of New South Wales. This is categorised as not overdue as the funding agreement does not mandate a timeframe for payment prior to final acquittal of activity numbers for each period and the final acquittals are yet to occur. In August 2013 the New South Wales Ministry of Health finalised and paid in full the 2009-10 and 2010-11 acquittals ($27.7 million).
| 2013 $’000 |
2012 $’000 |
|
| Reconciliation of the Allowance for Impairment Losses | ||
| Allowance for Impairment Losses at the Beginning of the Reporting Period | 2,235 | 1,601 |
| Additional Allowance and Impairment Losses Recognised | 395 | 640 |
| Reduction in Allowance | (484) | – |
| Reduction in Allowance Resulting from a Write-Back against the Receivables | – | (6) |
| Allowance for Impairment Losses at the End of the Reporting Period | 2,146 | 2,235 |
| Classification of ACT Government/Non-ACT Government Receivables | ||
| Receivables with ACT Government Agencies | ||
| Net Trade Receivables | 67 | 42 |
| Net Other Trade Receivables | 60,349 | 1,677 |
| Accrued Revenue | 16 | 17 |
| Net Goods and Services Tax Receivable | 52 | – |
| Total Receivables with Other ACT Government Agencies | 60,484 | 1,736 |
| Receivables with Non-ACT Government Entities | ||
| Net Trade Receivables | 7,784 | 6,966 |
| Net Other Trade Receivables | 49,850 | 11,695 |
| Net Goods and Services Tax Receivables | 3,983 | 4,572 |
| Accrued Revenue | 4,238 | 32,761 |
| Total Receivables with Non-ACT Government Entities | 65,855 | 55,994 |
| Total Receivables | 126,339 | 57,730 |
