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Note 9: Current Assets

2019 $

2018 $

Note 9A: Cash and Cash Equivalents

Cash at bank and on hand

6,665,920

4,122,206

Total cash and cash equivalents

6,665,920

4,122,206

Note 9B: Trade and Other Receivables

Trade receivables

8,459

15,221

Total current trade and other receivables

8,459

15,221

Provision for Impairment of Receivables
Current trade receivables are generally on 30 day terms. These receivables are assessed for recoverability and a provision for impairment is recognised when there is objective evidence that an individual trade receivable is impaired.

Receivables have been assessed for impairment and it has been determined that no impairment exists at 30 June 2019. (Impairment at 30 June 2018: nil)

All trade receivables are within initial trade terms.

2019 $

2018 $

Note 9C: Other Assets

Prepayments

16,112

35,763

GST r eceivables

72,265

51,444

Total other assets

88,377

87,207

Note 9D: Other-financial assets

Held-to-maturity investments

16,010

15,693

Total short-term investments

16,010

15,693