Note 27
Non-current liabilities - Deferred tax liabilities
Consolidated
2012
2011
The balance comprises temporary differences attributable to:
$’000
$’000
Property plant and equipment revaluation
174,905
267,271
Cash flow hedges ‑ foreign exchange (note 6(c))
52
-
Net deferred tax liabilities
174,957
267,271
Movements
:
Opening balance at 1 July
267,271
34,469
Charged to equity related to cash flow hedge – foreign exchange
52
-
Credited to the other comprehensive income (note 6(c))
(93,562)
-
Charged to other comprehensive income related to property, plant
and equipment (note 17)
1,196
153,793
Reclassification of DTA/DTL relating to property, plant and
equipment
-
79,009
Closing balance at 30 June
174,957
267,271
Note 28
Non-current liabilities - Provisions
Consolidated
2012
2011
$’000
$’000
Employee benefits
4,236
4,409
4,236
4,409
97
