Education

10.7
Other assets
(a) Carrying amount 2013
$’000
Other current assets
2012
$’000
Prepayments 2,339 1,411
Accrued revenue 441 407
Total 2,780 1,818
Settled within 12 months 2,780 1,818
Total 2,780 1,818
Note 11: Liabilities
11.1
Payables
2013
$’000
2012
$’000
Creditors 3,324 10,512
Accrued expenses 4,762 1,466
Total 8,086 11,978
Settled within 12 months 8,086 11,978
Total 8,086 11,978
Settlement is usually made within 30 days.
11.2
Employee
benefits
2013
$’000
2012
$’000
Accrued salaries 20,278 19,157
Annual leave 13,789 13,801
Long service leave 115,894 120,880
State Service Accumulated Leave Scheme 583 411
Total 150,544 154,249
Settled within 12 months 51,480 48,838
Settled in more than 12 months 99,064 105,411
Total 150,544 154,249
11.3
Other
liabilities
Revenue received in advance
Appropriation carried forward from current and previous years
under section 8A(2) of the Public Account Act 1986
2013
$’000
2012
$’000
3,139 13,227
Other revenue received in advance 1,628 1,879
Other liabilities 79 368
Total 4,846 15,474
Settled within 12 months 4,471 15,474
Settled in more than 12 months 375 –
Total 4,846 15,474
The department was no longer required to pay payroll tax on employee benefits from 1 October 2012. As such, the
department does not make any provision for this on-cost to leave entitlements in 2013 as referred to in note 2.22.
Financial Statements » Notes
133