2016 2015
 $’000  $’000
Accrued Income 13,119 5,357
Prepayments 3,413 4,007
16,532 9,364

(a) Fair value and credit risk

Due to the short-term nature of these assets, their carrying amount is assumed to approximate their fair value.

The maximum exposure to credit risk at the reporting date is the carrying amount of each class of assets mentioned above. Refer to Note 2 for more information on the risk management policy of the entity and the credit quality of the entity’s trade receivables.