β¨ Financial Statements
NEW ZEALAND GAZETTE, No. 20
12 FEBRUARY 2008
Network Tasman Limited
Line Business Financial Statements
Notes to and forming part of the financial statements
For the year ended 31 March 2007
| 2007 | |
|---|---|
| $000 |
| 2006 | |
|---|---|
| $000 |
12. Provisions
Current
Employee entitlements | 153 | 134
Sundry provisions | 28 | 0
Total current provisions | 181 | 134
Non-current
Employee entitlements | 197 | 181
Sundry provisions | 0 | 0
Total non-current provisions | 197 | 181
Provision for employee entitlements
Balance at beginning of year | 316 | 300
Additional provisions made | 182 | 166
Amount utilised | (148) | (150)
Provision reversed | 0 |
Balance at end of year | 350 | 316
The provision for employee entitlements relates to employee benefits such as accrued annual leave and long service leave.
Sundry provisions
Balance at beginning of year | 0 | 63
Additional provisions made | 28 | 0
Amount utilised | 0 |
Provision reversed | | (63)
Balance at end of year | 28 | 0
Sundry provisions relate to contractor bonuses.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 20
Gazette.govt.nz —
NZ Gazette 2008, No 20
β¨ LLM interpretation of page content
π
Line Business Financial Statements for Network Tasman Limited
(continued from previous page)
π Trade, Customs & Industry21 January 2008
Financial Statements, Income Tax, Dividends, Equity, Retained Earnings, Network Tasman Limited