PSR Annual Report 2005-2006

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Notes to and forming part of the Financial Statements

Note 10: Provisions

Note 10A: Employee Provisions
Salaries and wages 23,649 27,649
Leave 348,357 402,411
Superannuation 1,786 942
Separations and redundancies 0 127,933
Total employee provisions 373,792 558,935
Employee provisions are represented by:

Current

315,107 407,821
Non-current 58,685 151,114
Total employee provisions 373,792 558,935
Note 10B: Other Provisions
2006 $ 2005 $
Provision for Makegood 30,215 27,000
Total Other Provisions 30,215 27,000
Provision for Makegood Total
Carrying amount at beginning of period 27,000 27,000
Additional provisions made 3,215 0
Unwinding of discounted amount arising from the passage of time 0 0
Amount owing at the end of period 30,215 27,000

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