Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 12

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 8
Chunk 12
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 Other Receivables

    Unaudited
                                                                               31
                                            March 2025  
    30 June 2024 

    AUD$  
    AUD$ 
  
    CURRENT 

    Related party-Loans Note 21 
     633,773  
     - 
  
    Trade receivables- Related parties Note 21 
     799,737  
     - 
  
    Trade receivables, net (1) 
     4,309,859  
     4,470,101 
  
    Total current trade and other receivables 
     5,743,369  
     4,470,101 

    (1)
    Trade
    receivables are presented net of expected net credit loss of AUD$169,148 and AUD$138,000 at 31 March 2025 and 30 June 2024, respectively.

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

The
maximum exposure to credit risk at the reporting date is the fair value of each class of receivable in the financial statements.

The
table below presents the expected credit losses on trade receivables for the nine months ended 31 March 2025:

 Schedule of Expected Credit Losses on Trade Receivables

    Current sales  
    30 days  
    60 days  
    90 days and older  
    Total 

    Unaudited 

    Current sales  
    30 days  
    60 days  
    90 days and older  
    Total 
  
    Balance as at reporting date 
    $3,053,569  
    $442,745  
    $277,998  
    $704,695  
    $4,479,007 
  
    Expected loss rate 
     2.64% 
     3.97% 
     4.86% 
     8.16% 
     - 
  
    ECL allowance 
    $80,557  
    $17,577  
    $13,511  
    $57,503  
    $169,148 

The
table below presents the expected credit losses on trade receivables for the year ended 30 June 2024:

    Current sales  
    30 days