Department of Sustainability, Environment, Water, Population and Communities

Settlement was usually made within 30 days.

Note 7B. Grants
Public sector:
State and Territory Governments	23		-
Private sector:
Non-profit organisations	43		276
Overseas	38		647
Universities	50		-
Total grants	154		923
Total grants are expected to be settled in:
No more than 12 months	154		923
Total grants	154		923

Settlement was usually made according to the terms and conditions of each grant. This was usually within 30 days of performance or eligibility.

Note 7C. Other Payables
Wages and salaries	5,337		5,711
Superannuation	992		945
Separations and redundancies	6,020		180
Leave payable upon separation	4,087		1,464
Unearned revenue	12,486		18,019
Appropriations^1	3,957		-
Other	12		280
Total other payables	32,891		26,599
Total other payables are expected to be settled in:
No more than 12 months	32,891		26,599
Total other payables	32,891		26,599

1. 
   On 5 August 2013, the Finance Minister issued a determination that reduced departmental appropriations. The amount of the reduction under Appropriation Act (No.1) 2012-13 was $3,957,000.
   

Interest Bearing Liabilities

	2013		2012
	$'000		$'000
Note 8A. Leases
Finance leases	2,623		5,052
Total finance leases	2,623		5,052
Payable:
Within one year:
Minimum lease payments	2,763		2,769
Deduct: future finance charges	(140)		(340)
In one to five years:
Minimum lease payments	-		2,763
Deduct: future finance charges	-		(140)
Finance leases recognised on the balance sheet	2,623		5,052

In 2013, Finance leases existed in relation to certain IT equipment provided under the IT Services Agreement. The leases were non-cancellable and for fixed terms averaging 5 years, with a maximum of 10 years. The interest rate implicit in the leases averaged 8.62% (2012: 8.62%). The lease assets secure the lease liabilities. Cancellation penalties apply on early termination of the lease. There were no contingent rentals.


Provisions

	2013		2012
	$'000		$'000
Note 9A. Employee Provisions
Leave	65,476		70,647
Other	115		-
Total employee provisions	65,591		70,647
Employee provisions are expected to be settled in:
No more than 12 months	31,073		32,804
More than 12 months	34,518		37,843
Total employee provisions	65,591		70,647

Note 9B. Other Provisions
Provision for restoration obligations - Antarctic solid waste disposal sites	63,685		65,909
Provision for restoration obligations - Antarctic regions	336,536		355,248
Provision for restoration obligations - other localities	5,978		6,056
Other	170		450
Total other provisions	406,369		427,663
Other provisions are expected to be settled in:
No more than 12 months	3,823		4,103
More than 12 months	402,546		423,560
Total other provisions	406,369		427,663

	Antarctic solid waste disposal sites	Antarctic regions^1	Other localities^1	Other	Total
	$’000	$’000	$’000	$’000	$’000
Carrying amount 1 July 2012	65,909	355,248	6,056	450	427,663
Additional provisions made	-	709	-	170	879
Amounts used	(794)	-	-	(450)	(1,244)
Revaluation of change in discount rate^1	(3,270)	(30,221)	(251)	-	(33,742)
Unwinding of discount	1,840	10,800	173	-	12,813
Closing balance 30 June 2013	63,685	336,536	5,978	170	406,369

1. The revaluation decreases relating to following provisions have been taken to the asset revaluation reserve:

• 
  Provision for restoration obligations - Antarctic regions ($30,221,000)
  
• 
  Provision for restoration obligations - other localities ($251,000)
  

The changes in asset revaluation surplus reported under Other Comprehensive Income also included current year asset revaluations of $1,079,000. As a result of these adjustments, the change in the asset revaluation surplus for 2013 was $29,393,000.

The Provision for restoration obligations – Antarctic regions” (Refer to Note 1.20) valuation is derived from a costing model developed by an expert valuer. Annually the valuation of provision is revised for any changes in the long term cost discount rate.

Restructuring

Note 10A. Departmental Restructuring