Note 19
Current liabilities - Trade and other payables
Consolidated
2012
2011
$’000
$’000
Trade payables
157,764
191,628
Other payables
129
527
157,893
192,155
Note 20
Current liabilities - Interest bearing liabilities
(a) Fair value
Due to the short term nature of these payables,
their carrying value is assumed to approximate
their fair value.
(b) Risk exposure
Information about the Group’s exposure to
interest rates and liquidity risk is set out in
note 2.
Consolidated
2012
2011
$’000
$’000
Syndicated debt facility
20,002
-
Total current borrowings
20,002
-
Refer to note 1 for current borrowing policy and the adoption of the revised AASB 123.
Note 21
Current liabilities - Provisions
Consolidated
2012
2011
Notes
$’000
$’000
Employee benefits
(a)
25,841
29,054
Incident provision
(b)
31,296
21,793
Other provisions
(c)
132
813
57,269
51,660
93
