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  1. Australian Accounting Standards
  2. Summary of significant accounting policies
  3. Judgements made by management in applying accounting policies
  4. Key sources of estimation uncertainty
  5. Disclosure of changes in accounting policy and estimates
  6. Employee benefits expense
  7. Supplies and services
  8. Depreciation and amortisation expense
  9. Finance costs
  10. Grants and subsidies expense
  11. Other expenses
  12. User charges and fees
  13. Operating lease revenue
  14. Commonwealth grants and contributions
  15. Interest revenue
  16. Other revenue
  17. Net gain/(loss) on disposal/write-off of non-current assets
  18. Income from State Government
  19. Restricted cash and cash equivalents
  20. Inventories
  21. Receivables
  22. Amounts receivable for services
  23. Infrastructure, property, plant, equipment and vehicles
  24. Intangible assets
  25. Non-current assets classified as held for sale
  26. Impairment of assets
  27. Fair value measurements
  28. Payables
  29. Borrowings
  30. Provisions
  31. Other current liabilities
  32. Deferred income – operating lease
  33. Equity
  34. Notes to the Cash Flow Statement
  35. Commitments
  36. Contingent liabilities and contingent assets
  37. Remuneration of members of the accountable authority and senior officers
  38. Financial Instruments
  39. Supplementary financial information
  40. Events occurring after the end of the reporting period
  41. Explanatory statement
  42. Schedule of income and expenses by services
  43. Remuneration of auditor
  44. Act of Grace payments

Provisions

2014
$000		 2013
$000
Current
Employee benefits provision
Annual leave (i) 15,309 14,078
Long service leave (ii) 15,174 14,668
Deferred salary scheme (iv) 90 36
30,573 28,782
Other provisions
Public liability provision 50 40
Workers’ compensation (561) 7,925
Contaminated sites 7,719 2,729
Employment on-costs (iii) 2,994 2,810
10,202 13,504
40,775 42,286
Non-Current
Employee benefits provision
Long service leave (ii) 6,826 6,593
6,826 6,593
Other provisions
Contaminated sites 7,966 1,605
Employment on-costs (iii) 693 664
8,659 2,269
15,485 8,862
(i) Annual leave liabilities have been classified as current as there is no unconditional right to defer settlement for at least 12 months after the end of the reporting period. Assessments indicate that actual settlement of liabilities is expected to occur as follows:
Within 12 months of the end of the reporting period 11,355 10,501
More than 12 months after the end of the reporting period 3,954 3,577
15,309 14,078
(ii) Long service leave liabilities have been classified as current where there is no unconditional right to defer settlement for at least 12 months after the end of the reporting period. Assessments indicate that actual settlement of the liabilities is expected to occur as follows:
Within 12 months of the end of the reporting period 2,942 2,469
More than 12 months after the end of the reporting period 19,058 18,792
22,000 21,261
 

(iii) The settlement of annual and long service leave liabilities gives rise to the payment of employment on-costs including payroll tax and workers’ compensation insurance. The provision is the present value of expected future payments. The associated expense is disclosed in note 11 ‘Other expenses’.
(iv) Deferred salary scheme liabilities have been classified as current where there is no unconditional right to defer settlement for at least 12 months after the end of the reporting period. Actual settlement of the liabilities is expected to occur as follows:
 
Within 12 months of the end of the reporting period 90 36
More than 12 months after the end of the reporting period 0 0
90 36
Movements in other provisions
Movements in each class of provisions during the financial year, other than employee benefits, are set out below.
 
Public liability provision
Carrying amount at start of period 40 710
Additional provisions recognised/(derecognised) 10 (416)
Payments/other sacrifices of economic benefit 0 (254)
Carrying amount at end of period 50 40
 
Workers’ compensation provisions
Carrying amount at start of period 7,925 9,586
Additional provisions recognised 2,821 7,942
Payments/other sacrifices of economic benefit (11,307) (9,603)
Carrying amount at end of period (561) 7,925
 
Employment on-cost provision
Carrying amount at start of period 3,474 3,178
Additional provisions recognised 1,751 1,652
Payments/other sacrifices of economic benefit (1,538) (1,356)
Carrying amount at end of period 3,687 3,474
 
Contaminated sites provision
Carrying amount at start of period 4,334 4,405
Additional provisions recognised 15,570 4,041
Payments/other sacrifices of economic benefit (4,219) (4,112)
Carrying amount at end of period 15,685 4,334
 
Provision has been established to cover for the costs related to 59 contaminated and suspected sites.

Australian Accounting Standards

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