30 Provisions
|
2010 |
2009 |
|
|---|---|---|
Current |
||
|
Employee benefits provision |
||
|
Annual leave (i) |
11,533 |
10,614 |
|
Long service leave (ii) |
7,460 |
6,736 |
|
18,993 |
17,350 |
|
|
Other provisions |
||
|
Public liability provision |
131 |
778 |
|
Workers’ compensation |
2,426 |
1,506 |
|
Contaminated sites |
660 |
2,455 |
|
Employment on-costs (iii) |
1,337 |
1,210 |
|
4,554 |
5,949 |
|
|
23,547 |
23,299 |
|
Non-Current |
||
|
Employee benefits provision |
||
|
Long service leave (ii) |
6,361 |
5,743 |
|
Deferred salary scheme |
68 |
51 |
|
6,429 |
5,794 |
|
|
Other provisions |
||
|
Contaminated sites |
350 |
614 |
|
Employment on-costs (iii) |
426 |
383 |
|
776 |
997 |
|
|
7,205 |
6,791 |
(i) Annual leave has been classified as current as there is no unconditional right to defer settlement for at least 12 months after the reporting period. Assessments indicate that actual settlement of liabilities will occur as follows:
|
2010 |
2009 |
|
|---|---|---|
|
Within 12 months of the end of the reporting period |
7,830 |
6,784 |
|
More than 12 months after the reporting period |
3,703 |
3,830 |
|
11,533 |
10,614 |
(ii) Long service leave liability has been classified as current where there is no unconditional right to defer settlement for at least 12 months after the reporting period. Assessments indicate that actual settlement of the liabilities will occur as follows:
|
2010 |
2009 |
|
|---|---|---|
|
Within 12 months of the end of the reporting period |
1,532 |
1,183 |
|
More than 12 months after the reporting period |
12,289 |
11,296 |
|
13,821 |
12,479 |
(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 premiums. The provision is the present value of expected future payments. The associated expense is included under note 11 ‘Other expenses’.
Movements in other provisions
Movements in each class of provisions during the financial year, other than employee benefits, are set out below.
|
2010 |
2009 |
|
|---|---|---|
Public liability provision |
||
|
Carrying amount at the start of the year |
778 |
663 |
|
Additional provisions recognised |
(629) |
118 |
|
Payments/other sacrifices of economic benefit |
(18) |
(3) |
|
Carrying amount at the end of the year |
131 |
778 |
Workers’ compensation provisions |
||
|
Carrying amount at the start of the year |
1,506 |
472 |
|
Additional provisions recognised |
4,396 |
3,777 |
|
Payments/other sacrifices of economic benefit |
(3,476) |
(2,743) |
|
Carrying amount at the end of the year |
2,426 |
1,506 |
Employment on-cost provision |
||
|
Carrying amount at the start of the year |
1,593 |
1,265 |
|
Additional provisions recognised |
1,029 |
1,035 |
|
Payments/other sacrifices of economic benefit |
(859) |
(707) |
|
Carrying amount at the end of the year |
1,763 |
1,593 |
Contaminated sites provision |
||
|
Carrying amount at the start of the year |
3,069 |
1,976 |
|
Additional provisions recognised |
(711) |
3,081 |
|
Payments/other sacrifices of economic benefit |
(1,348) |
(1,988) |
|
Carrying amount at the end of the year |
1,010 |
3,069 |
Provision has been established to cover for the costs related to 15 contaminated sites.