Statement of contingent liabilities as at 30 June
This statement discloses situations that exist at 30 June, the ultimate outcome of which is uncertain and will be confirmed only on the occurrence of one or more future events after 30 June.
|
2005
Actual
$000 |
|
2006
Actual
$000 |
|
| |
Department |
|
1,000 |
Legal proceedings |
20 |
20 |
Personal grievances |
0 |
|
1,020 |
Total department |
20 |
|
| |
Non-department |
|
1,200 |
Legal proceedings |
1,206 |
250 |
Settlement |
250 |
|
1,450 |
Total non-department |
1,456 |
|
2,470 |
Total contingent liabilities |
1,476 |
|
These financial statements should be read in conjunction with the statement of accounting policies on pages 42 and 43 and the notes to the financial statements on pages 50 to 58.