Reserve Bank of Australia Annual Report – 1996 Financial Statements Other Liabilities – Provisions
Note 5 Other Liabilities – Provisions
This item comprises the Bank's provisions for employee entitlements, in accordance with AAS 30, and for workers' compensation claims (Note 1(f)).
| 1994/95 $'000 |
1995/96 $'000 |
|
|---|---|---|
| 1,563 | Salaries and wages accrued at balance date | 1,557 |
| 6,929 | Provision for accrued annual leave | 7,401 |
| 20,297 | Provision for long service leave | 20,690 |
| 30,348 | Provision for post-employment benefits | 35,153 |
| Provision for workers' compensation (Note 1(f)) | 40 | |
| 59,137 | Total | 64,841 |
Employee entitlements to superannuation are not included in the balance sheet (Note 14).