AITSL Annual Report 2011-12 - Australian Institute for Teaching and ...

Note 5 – Other current liabilitiesTrade creditors 3,293,123 2,122,2433,293,123 2,122,243Salaries and wages 129,440 70,471Superannuation 16,915 9,470Accrued Expenses 1,731,781 439,422PAYG and Withholding Tax 105,374 62,8151,983,510 582,178Total payables 5,276,633 2,704,421Payables are aged as follows:Not overdue 4,701,122 2,669,9240 to 30 days 153,089 13,40331 to 60 days 392,392 21561 to 90 days 30,030 20,879Total payables 5,276,633 2,704,421Note 6 – ProvisionsAnnual leave 257,068 122,793Long service leave 244,067 143,465Total employee provisions 501,135 266,258Employee provisions expected to be settled in:No more than 12 months 414,575 217,720More than 12 months 86,560 48,538Total employee provisions 501,135 266,258Note 6(b): Other ProvisionsMake good provision 347,194 251,356Total other provisions 347,194 251,356Other provisions are expected to be settled in:No more than 12 months 71,594 68,315More than 12 months 275,600 183,041Total other provisions 347,194 251,35678 AITSL Annual Report 2011–2012