13. Provisions
Current
Employee Benefits:
Provision for annual leave and rostered days off
Provision for long service leave
Provision for enterprise bargaining agreement back pay
Provision for Make Good Liability:
Make Good
Non-current
Employee Benefits:
Provision for long service leave
Provision for Make Good Liability:
Make Good Liability
2013
$ 2012
$
6,208,707
3,293,999
611,811
10,114,517 5,098,893
3,497,926
2,436,861
11,033,680
1,027,488
11,142,005 -
11,033,680
1,558,610 1,649,156
515,531
2,074,141 -
1,649,156
A provision for make good was taken up in 2013 to account for commitments related to decommissioning of leased
properties.
14. General Funds
Balance at beginning of financial year
Net surplus
Net transfers (from) / to General Funds (note 15 & 16)
Balance at end of financial year
13,419,411
2,868,786
(908,813)
15,379,384 10,466,753
2,956,032
(3,374)
13,419,411
1,195,958
58,813
1,254,771 1,192,584
3,374
1,195,958
15. Fundraising Reserve
Balance at beginning of financial year
Transfer to general funds
Balance at end of financial year
The fundraising reserve arises from the accumulated efforts of parents and staff to allow services to purchase
optional toys and equipment, to assist the service to expand and develop to meet local needs and to allow parents
to share in the life of the service and to make a concrete contribution to their children’s lives.
Further notes on fundraising are set out in Note 23
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