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Forest NSW Annual Report 2012

Notes to the financial statements For the year ended 30 June 2012 4. Provisions 2012 2011     $ '000 $ '000 Current Liabilities Payroll Tax 224 200 Leave Entitlements 11 495 11 716 Fringe Benefits Tax 9 5 Redundancy 1333 - Superannuation 249 209 Total Current Liabilities   13 310 12 130 Non-Current Liabilities Leave Entitlements 180 160 Superannuation 10 346 4224 Total Non-Current Liabilities   10 526 4384 Total Provisions   23 836 16 514 All personnel administration costs and related audit fees are met by the parent entity, Forests NSW. 5. Related Party Transactions (i) Statement of Comprehensive Income - Supply of Personnel Services 2012 2011     $ '000 $ '000 Supply of Personnel Services to Forests NSW - Revenue 34 219 25 023 Total   34 219 25 023 (ii) Statement of Financial Position - Current assets 2012 2011     $ '000 $ '000 Forests NSW for employee entitlements 13 310 12 130 Total   13 310 12 130 (iii) Statement of Financial Position - Non-Current liabilities 2012 2011     $ ‘000 $ ‘000 Forests NSW for employee entitlements 180 160 Forests NSW for defined benefits superannuation 10 346 4224 Total   10 526 4384 Forests NSW Annual Report 2011–12 Social, Environmental and Economic Performance 113


Forest NSW Annual Report 2012
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