Note 14: Provisions $’000 2014 Current Provisions $’000 Employee Benefits (Note 14(a)) Annual leave (Note 14(a)) 59 2015 - Unconditional and expected to be settled within 12 months 3,436 3,206 (ii) - Unconditional and expected to be settled after 12 months 578 621 (ii) Long service leave (Note 14(a)) - Unconditional and expected to be settled within 12 months 814 794 (ii) - Unconditional and expected to be settled after 12 months 4,802 4,681 (ii) Employee Benefits (Note 14(a)) - Unconditional and expected to be settled within 12 months 2,226 2,648 (ii) 11,856 11,950 Provisions related to Employee Benefit On-Costs- Annual Leave - Unconditional and expected to be settled within 12 months 403 345 (ii) - Unconditional and expected to be settled after 12 months 68 57 (ii) Provisions related to Employee Benefit On-Costs- Long Service Leave - Unconditional and expected to be settled within 12 months 96 93 (ii) - Unconditional and expected to be settled after 12 months 563 549 (ii) 1,130 1,044 Total Current Provisions 12,986 12,994 Non-Current Provisions Employee Benefits (i) (Note 14(a)) 2,843 1,621 Total Non-Current Provisions 2,843 1,621 Total Provisions 15,829 14,615 (a) Employee Benefits and Related On-Costs Notes: Employee benefits consist of annual leave and long service leave accrued by employees. On-costs such as payroll tax and (i) compensation insurance are not employee benefits and are reflected as a seperate provision. worker’s The amounts disclosed are at present values (ii)
Note 14: Provisions Current Provisions Employee Benefits (Note 14(a)) Annual leave (Note 14(a)) 2015 $’000 2014 $’000 59 - Unconditional and expected to be settled within 12 months (ii) 3,436 3,206 - Unconditional and expected to be settled after 12 months (ii) 578 621 Long service leave (Note 14(a)) - Unconditional and expected to be settled within 12 months (ii) 814 794 - Unconditional and expected to be settled after 12 months (ii) 4,802 4,681 Employee Benefits (Note 14(a)) - Unconditional and expected to be settled within 12 months (ii) 2,226 2,648 11,856 11,950 Provisions related to Employee Benefit On-Costs- Annual Leave - Unconditional and expected to be settled within 12 months (ii) 403 345 - Unconditional and expected to be settled after 12 months (ii) 68 57 Provisions related to Employee Benefit On-Costs- Long Service Leave - Unconditional and expected to be settled within 12 months (ii) 96 93 - Unconditional and expected to be settled after 12 months (ii) 563 549 1,130 1,044 Total Current Provisions 12,986 12,994 Non-Current Provisions Employee Benefits (i) (Note 14(a)) 2,843 1,621 Total Non-Current Provisions 2,843 1,621 Total Provisions 15,829 14,615 (a) Employee Benefits and Related On-Costs Notes: (i) Employee benefits consist of annual leave and long service leave accrued by employees. On-costs such as payroll tax and worker’s compensation insurance are not employee benefits and are reflected as a seperate provision. (ii) The amounts disclosed are at present values
257018_Annual_Report_2015_Word.docx