COMPUTERSHARE ANNUAL REPORT 2008

ConsolidatedParent Entity2008 2007 2008 2007$000 $000 $000 $00022. TAX LIABILITIESCurrent tax liabilitiesProvision for income tax 48,200 21,307 25,913 11,437Deferred tax liabilitiesProvision for deferred income tax on temporary differences 68,158 17,921 - -The balance of the deferred tax liability predominantly relates to the deductibilityof certain amounts for tax purposes, including deductible goodwill amortisation,the benefit of which may reverse on ultimate disposal of the business to whichthey relate.Movements during the year:Opening balance at 1 July 17,921 16,649 - -Currency translation difference 755 844 - -Charged/(credited) to the income statement (note 5) 48,645 660 1,443 432Charged/(credited) to equity (317) (232) - -Set off of deferred tax assets - - (1,443) (432)Acquisition of subsidiary 1,154 - - -Closing balance at 30 June 68,158 17,921 - -23. PROVISIONSCurrentLoss on early termination of lease - 190 - -Future services 6,504 1,588 - -Restructuring 18,440 10,862 - -Provisions arising from continuing operations 9,837 10,776 - -Other 8,694 11,260 - -43,475 34,676 - -Non-CurrentEmployee entitlements (note 28) 13,387 12,981 492 414Restructuring 38,244 41,279 - -51,631 54,260 492 414Movements in each class of current provision during the financial year, other than employee entitlements, are set out below.Loss onearlyterminationof leaseFutureservicesRestructuringProvisionsarising fromcontinuingoperations Other Total$000 $000 $000 $000 $000 $000Carrying amount at start of year 190 1,588 10,862 10,776 11,260 34,676Additional provisions recognisedthrough profit and loss 4 5,097 18,166 837 383 24,487Payments/other sacrifices of economic benefits (92) (85) (9,528) (349) (2,735) (12,789)Acquisitions of subsidiaries - - - - 1,800 1,800Other transfers (102) (102) 77 - 42 (85)Reversals - - (1,366) (1,427) (2,229) (5,022)Exchange rate impacts on opening balance - 6 229 - 173 408Carrying amount at end of year - 6,504 18,440 9,837 8,694 43,475The additional restructuring provision predominately relates to QM Technologies acquisition and North Americaproperty restructure.02-13Overview14-36Governance37-88Financials89-92Reports93-96Further InformationPAGE 61