Page 39 - AHEIA Annual Report

NOTE 8 PROVISIONS
Note 8A: Employee Provisions
O ce holders:
Annual leave
Long service leave
Separations and redundancies
Other expenses
Employees other than o ce holders: Annual leave
Long service leave
Separations and redundancies
Other expenses
Total employee provisions
2016 2015
$$
- - - - - - - - - -
94,162 94,143 136,134 115,765 - - - - 230,296 209,908
Current 218,752
199,558 10,350 209,908
475,000 - 475,000
250,000 -
250,000
725,000
Non Current
Total employee provisions
NOTE 9 EQUITY
Note 9A: Reserves
Reserve for Legal Services
Balance as at start of year
Transferred to/(from) reserve
Balance as at end of year
Reserve for Major Contingency
Balance as at start of year
Transferred to/(from) reserve
Balance as at end of year Total reserves
(a) Reserve for Legal Services
(a)
(b)
11,544
230,296
475,000 - 475,000
250,000 -
250,000
725,000
The legal services reserve was established in prior years to record amounts set aside to ensure that any unexpected legal costs of a material nature can be paid
(b) Reserve for Major Contingency
The major contingency reserve was established in prior years to record amounts set aside to ensure that any unexpected costs of a material nature can be paid.
AHEIA Annual Report 2016 39