Note 8: Provisions
| 2011 $’000 |
2010 $’000 |
|
|---|---|---|
| Note 8A: Employee Provisions | ||
| Annual Leave | 30,361 | 28,485 |
| Long Service Leave | 59,961 | 61,230 |
| Superannuation | 11,892 | 7,803 |
| Separation and redundancies | 10,425 | 10,876 |
| Other employee provisions | 10,490 | 9,344 |
| Total employee provisions | 123,129 | 117,738 |
| Employee provisions are expected to be settled in: | ||
| No more than 12 months | 46,339 | 44,543 |
| More than 12 months | 76,790 | 73,195 |
| Total employee provisions | 123,129 | 117,738 |
| Note 8B: Other Provisions | ||
| Provision for restoration obligations | 23,842 | 23,979 |
| Total other provisions | 23,842 | 23,979 |
| Other provisions are expected to be settled in: | ||
| No more than 12 months | 10,102 | 3,794 |
| More than 12 months | 13,740 | 20,185 |
| Total other provisions | 23,842 | 23,979 |
| Provision forr restoration $’000 |
||
| Carrying amount 1 July 2010 | 23,979 | |
| Additional provisions made | 609 | |
| Revaluation of provisions | (1,449) | |
| Amounts reversed | (179) | |
| Unwinding of discount or change in discount rate | 882 | |
| Closing balance 30 June 2011 | 23,842 |
The Department currently has 68 agreements (2010: 66) for the leasing of premises where the Department has raised a provision to restore the premises to their original condition at the conclusion of the lease. The provision reflects the present value of this obligation.