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Note 2.4: Other Provisions

2019

2018

$'000

$'000

Note 2.4 - Other Provisions

Provision for sales returns

81

81

Total other provisions

81

81

Provision for sale returns

Total

$'000

$'000

As at 1 July 2018

81

81

Additional provisions made

-

-

Amounts used

-

-

Amounts reversed

-

-

Total assets as at 30 June 2019

81

81

Accounting Policy

Provision for sales returns

The provision is calculated using the value of sales as at 30 June 2019, where the customer has the right of return and the reporting year's experienced rate of return to estimate the provision of future returns.