Interfront 2025 Annual Report

International Frontier Technologies SOC Ltd Trading as Interfront Financial Statements for the year ended 31 March 2025 149 FINANCIAL INFORMATION Notes to the Financial Statements Figures in Rand 2025 2024 4 Income tax paid Balance at the beginning of the year 191 631 739 279 Current tax for the year recognised in surplus or deficit (3 237 364) (1 745 261) Balance at the end of the year (101 816) (191 631) (3 147 549) (1 197 613) 5 Receivables from exchange transactions Trade debtors 13 613 327 32 436 660 Prepayments and other sundry receivables 9 030 228 8 932 201 Deposits 15 359 15 359 22 658 914 41 384 220 Fair value of trade and other receivables Trade and other receivables 22 614 612 41 384 220 Trade and other receivables past due but not impaired Trade and other receivables which are less than 3 months past due are not considered to be impaired. There were no amounts past due at 31 March 2025 (2024: R3 355 704). The ageing of amounts past due but not impaired is as follows: 1 month past due – 3 355 704 6 Cash and cash equivalents Cash and cash equivalents consist of: Cash on hand 3 918 3 346 Bank balances 13 245 186 5 548 587 Short‑term deposits 45 787 615 24 188 435 59 036 719 29 740 368