58 24 EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018 12. FINANCIAL ASSET Available-for-sale financial assets Ceasy was a horse purchased in the financial year ending 30 June 2016 and was held as an asset available for sale. This was subsequently sold in the financial year ending 30 June 2017. The loss on sale was recorded at $30,138. 2018 2017 $ $ 9 TRADE AND OTHER RECEIVABLES Trade Debtors 363,117 56,655 Less: provision for impairment loss - - 363,117 56,655 Other receivables Accrued Income - 106,682 363,117 163,337 10 INVENTORIES Inventories - at cost 24,909 37,434 11 OTHER ASSETS Prepayments 102,225 -