✨ Financial Statements
NEW ZEALAND GAZETTE, No. 166
5 DECEMBER 2006
Network Tasman Limited
Line Business Financial Statements
Notes to and forming part of the financial statements
For the year ended 31 March 2006
| 2006 | |
|---|---|
| $000 |
| 2005 | |
|---|---|
| $000 |
12. Provisions
Current
Employee entitlements
134
Sundry provisions
0
Total current provisions
134 126
63
189
Non-current
Employee entitlements
181
Sundry provisions
0
Total non-current provisions
181 174
0
174
Provision for employee entitlements
| 2006 | |
|---|---|
| $000 |
| 2005 | |
|---|---|
| $000 | |
| Balance at beginning of year | 300 |
| Additional provisions made | 166 |
| Amount utilised | (150) |
| Provision reversed | 0 |
Balance at end of year
316 270
110
(80)
0
300
The provision for employee entitlements relates to employee benefits such as accrued annual leave and long service leave.
Sundry provisions
| 2006 | |
|---|---|
| $000 |
| 2005 | |
|---|---|
| $000 | |
| Balance at beginning of year | 63 |
| Additional provisions made | 0 |
| Amount utilised | (63) |
| Provision reversed | 0 |
Balance at end of year
0 85
63
0
(85)
63
Sundry provisions relate to contractor bonuses.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 166
Gazette.govt.nz —
NZ Gazette 2006, No 166
✨ LLM interpretation of page content
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Network Tasman Limited Financial Statements
(continued from previous page)
🏭 Trade, Customs & Industry15 November 2006
Financial Statements, Provisions, Employee Entitlements, Sundry Provisions