FINANCIAL STATEMENTS 68 Notes to the annual financial statements (continued) for the year ended 30 June 2021 7. Trade and other Receivables All figures are in A$000's Note 2021 2020 Current Trade receivables 7(a) 203,780 127,329 Retentions 4,030 2,506 Contracts in progress 7(c) 68,929 47,192 Sundry receivables 7(b) 14,826 13,719 Deposits and bonds 1,501 785 Receivables from associates - Dutco McConnell Dowell (ME) LLC 1,019 891 Receivables from other related parties 17 2,326 2,326 Total current trade and other receivables 296,411 194,748 7(a) - Trade receivables are non-interest bearing and are generally on 30-45 day terms. Refer to expected credit losses on Trade and other receivables below for additional information. Due to the short term nature of these receivables, their carrying value is assumed to approximate their fair value. The maximum exposure to credit risk is the fair value of the receivables. Details regarding the credit risk of current receivables are disclosed in Note 20. At 30 June, the ageing analysis of trade receivables is as follows: 0-30 days 198,508 119,577 31-60 days 1,903 537 61-90 days 292 954 91+ days 3,077 6,261 Total trade receivables 203,780 127,329 Expected credit losses on Trade and other receivables As at 30 June 2021, the Group has trade and other receivables of $203.8 million (2020: $127.3 million). The provision for expected credit losses on trade receivables is, in whole dollars $5,883 (2020: $16,080) which is immaterial to the Group. 7(b) Sundry receivables are non-interest bearing and generally have 30 day repayment terms. Consolidated 7(c) Construction work in progress Total work in progress 68,929 47,192 Total progress billings in advance 13 (145,443) (97,667) Net construction work in progress (76,514) (50,475) As at 30 June 2021, the Group has amounts due from customers of $68.9 million (2020: $47.2 million) which is net of the provision for expected credit loss which is considered immaterial to the Group. Impact of COVID-19 The assesment of recoverability of trade and other receivables at 30 June 2021 has considered the impacts of COVID-19 and no material recoverability issues have been identified.
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