Note 11: Liabilities
|
2019 $ |
2018 $ |
||
|---|---|---|---|
|
Note 11A: Trade and Other Payables |
|||
|
Current |
|||
|
Trade payables |
596,684 |
516,017 |
|
|
Sundry payables |
581,055 |
559,722 |
|
|
Total current trade and other paybales |
1,77,739 |
1,185,739 |
|
|
Note 11B: Provisions |
|||
|
Short-term provisions |
|||
|
Annual leave |
80,130 |
101,076 |
|
|
Long service leave |
3,955 |
13,677 |
|
|
Lease make-good |
- |
26,535 |
|
|
Total short-term provisions |
84,085 |
141,288 |
|
|
Long-term provisions |
|||
|
Long service leave |
47,257 |
37,333 |
|
|
Lease make-good |
26,535 |
- |
|
|
Total long-term provisions |
73,792 |
37,333 |
|
|
Total provisions |
157,877 |
178,621 |
|
|
Lease Makegood $ |
Employee Benefits $ |
Total $ |
|
|
Note 11C: Movement in Provisions |
|||
|
Opening balance at 1 July 2018 |
26,535 |
152,086 |
178,621 |
|
Additional provisions rasied during year |
- |
110,647 |
110,647 |
|
Amounts used |
- |
(131,391) |
(131,391) |
|
Balance at 30 June 2019 |
26,535 |
131,342 |
157,877 |
Visit
https://www.transparency.gov.au/annual-reports/australia-business-arts-foundation-ltd/reporting-year/2018-2019-49