6. Receivables 2023 $000 2022 $000 Debtors 56 137 Total receivables 56 137 Receivables under exchange transactions Any expected credit loss rates affecting the amounts disclosed are not considered significant. The impact of macroeconomic factors on expected credit loss rates is also not considered significant. The carrying value of receivables approximates their fair value. All receivables have been assessed for impairment and there is no impairment. 7. Payables 2023 $000 2022 $000 552 589 Revenue received in advance 40 40 Lease incentive 17 19 609 648 PAYE tax payable 171 157 Total current payables under non-exchange transactions 171 157 Total current portion 780 805 Lease incentive 125 142 Total non-current payables under exchange transactions 125 142 Total non-current portion 125 142 Total payables 905 947 Current portion Payables under exchange transactions Creditors Total current payables under exchange transactions Payables under non-exchange transactions Non-current portion Payables under exchange transactions Revenue in advance is $40,000 at year end due to $40,000 received from the Borrin Foundation for a Rainbow Conference to be held in November 2023. The non-current portion of lease incentives has decreased due to the lease incentive for the original Auckland lease being fully amortised. 66 Pūrongo ā-tau Annual Report 2023