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## 30 June 2014 Notes to the Financial Statements 

The following amounts reflect leave that is not expected to be taken within the next 12 months: 

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## NOTE 25. CURRENT LIABILITIES - PROVISIONS 

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## Warranties 

Provision is made in respect of the Consolidated Entity’s estimated liability on all products or services under warranty at reporting date. The provision is measured as the present value of future cash flows estimated to be required to settle warranty obligation. The future cash flows are estimated by reference to the Consolidated Entity’s history of warranty claims. 

## Project Closure 

At the completion of some projects the Consolidated Entity has a liability for redundancy and the cost of relocating crushing and other mobile plant. An assessment is undertaken on the probability that such expenses will be incurred in the normal business of contracting services and is provided for in the financial statements. 

## Movements in provisions 

Movements in each class of provision during the current financial year, other than employee benefits, are set out below: 

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## NOTE 26. NON-CURRENT LIABILITIES - BORROWINGS 

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Refer to note 34 for further information on financial instruments. 

