Page 57 - RCPA Annual Report 2016-17

12.
2017 2016 $$
Notes to the Financial Statements
THE ROYAL COLLEGE OF PATHOLOGISTS OF AUSTRALASIA
ABN 52 000 173 231
NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2017
Trade and Other Payables
Current (unsecured)
Trade creditors
Accruals 271,078
75,867
69,257 303,602 232,016 604,875
3,771,698 921,348 4,545,454 9,238,500
6,237
70,169 76,406
557,454 128,700 686,154
149,396 6,693 156,089
842,243
13.
14.
Other current payables
Total trade and other payables
Other Current Liabilities (unsecured)
Grant income deferred
Funds committed for special purpose projects Revenue received in advance
Total other liabilities
Borrowings Current (secured)
Lease liability (Note 15)
Non Current (secured)
Lease liability (Note 15)
Total current and non current secured liabilities
Provisions
Current
Employee benefits: Opening balance Movements during the year Closing balance
Non Current
Employee benefits: Opening balance Movements during the year Closing balance
Aggregate employee benefit liability
776,127 1,123,072
2,321,600 1,000,421 4,722,558 8,044,579
18,712
38,982 57,694
686,154 51,199 737,353
156,089 29,091 185,180
922,533
Provision for Non Current Employee Benefits
A provision has been recognised for employee entitlements relating to long service leave. In calculating the present value of future cash flows in respect of long service leave, the probability of long service leave taken is based on historical data. The measurement and recognition criteria relating to employee benefits have been included in Note 1 of this financial report.
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ANNUAL REPORT • 2016 - 2017