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## NOTE 21. CURRENT LIABILITIES - BORROWINGS 

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Refer to note 26 for further information on assets pledged as security and financing arrangements. 

Refer to note 34 for further information on financial instruments. 

## NOTE 22. CURRENT LIABILITIES - FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS 

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Refer to note 34 for further information on financial instruments. 

Refer to note 35 for further information on fair value measurement. 

The Consolidated Entity has entered into forward exchange contracts which are economic hedges but do not satisfy the requirements for hedge accounting. These contracts are accounted for as held for trading. Changes in the fair value of these contracts are recorded in the statement of profit or loss and other comprehensive income. Fair value of shares in listed companies is determined by the closing price on the reporting date. 

## NOTE 23. CURRENT LIABILITIES - INCOME TAX 

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## NOTE 24. CURRENT LIABILITIES - EMPLOYEE BENEFITS 

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## Amounts not expected to be settled within the next 12 months 

The current provision for employee benefits includes all unconditional entitlements where employees have completed the required period of service and also those where employees are entitled to pro-rata payments in certain circumstances. The entire amount is presented as current, since the Consolidated Entity does not have an unconditional right to defer settlement. However, based on past experience, the Consolidated Entity does not expect all employees to take the full amount of accrued long service leave or require payment within the next 12 months. 

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