Department of Transport Annual Report 2010 - 2011

28. Provisions
72
2011
$ 000
2010
$ 000
Current
Employee benefits provision
Annual leave (i) 9 867 7 511
Long service leave (ii) 3 396 5 830
13 263 13 341
Other provisions
Employment on-costs (iii) 180 209
13 443 13 550
Non-current
Employee benefits provision
Long service leave (ii) 11 563 6 260
Other provisions
Employment on-costs (iii) 1 239 100
12 802 6 360
(i) Annual leave liabilities have been classified as current as there is no unconditional right to defer
settlement for at least 12 months after reporting period. Assessments indicate that actual settlement
of the liabilities will occur as follows:
Within 12 months of the end of the reporting period 5 961 4 074
More than 12 months after the end of the reporting period 3 758 3 437
9 719 7 511
(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 reporting period. Assessments indicate that actual
settlement of the liabilities will occur as follows:
2011
$ 000
2010
$ 000
Within 12 months of the end of the reporting period 3 759 3 664
More than 12 months after the end of the reporting period 12 784 8 427
16 543 12 091
(iii) The settlement of annual and long service leave liabilities gives rise to the payment of employment
on-costs including workers’ compensation insurance. The provision is the present value of expected
future payments. The associated expense is disclosed in note 9 Other expenses.
Movements in other provisions:
Movements in each class of provisions during the financial
year, other than employee
benefits, are set out below.
Employment on-costs provision
Carrying amount at the start of the year 309 -
Transferred from the Department of Planning
on 1 July 2009
- 372
Additional provisions recognised 1 110 ( 2)
Payments/other sacrifices of economic benefits - ( 61)
Carrying amount at end of year 1 419 309