Online version of the 2013-14 Department of Health Annual Report

Note 9: Provisions

Notes to and Forming Part of the Financial Statements

Page last updated: 31 October 2014

 
2014
$'000
2013
$'000
Note 9A: Employee Provisions
Leave
(25,537)
(24,042)
Total employee provisions
(25,537)
(24,042)
 
Employee provisions are expected to be settled
No more than 12 months
(6,528)
(6,197)
More than 12 months
(19,009)
(17,845)
Total employee provisions
(25,537)
(24,042)
 
Note 9B: Other Provisions
Provision for low value turnover
(745)
(697)
Restoration obligations
(65)
(202)
Provision for lease increases
(12)
(147)
Other provisions
-
(126)
Total other provisions
(822)
(1,172)
 
Other provisions are expected to be settled 
No more than 12 months
(807)
(823)
More than 12 months
(15)
(349)
Total other provisions
(822)
(1,172)
Reconciliation of other provisions
 
Provision for
low value
turnover 1 
$'000 
Restoration 
obligations 2 
$'000 
Provision  for
lease  increases
 $'000
Other provisions 3
$'000
Total
$'000
Carrying amount 1 July 2013
(697)
(202)
(147)
(126)
(1,172)
Additional provisions made
(745)
-
(7)
-
(752)
Amounts used
697
11
-
126
834
Amounts reversed
-
126
142
-
268
Closing balance 30 June 2014
(745)
(65)
(12)
-
(822)
  1. The TGA has a provision for exemptions that are expected to be granted under the low value turnover (LVT) scheme. A sponsor can seek exemption from the liability to pay an annual charge for an entry on the Australian Register of Therapeutic Goods if the therapeutic good qualifies as LVT.
  2. The TGA has agreements for the leasing of premises which have provisions requiring the TGA as lessee to restore the premises to their original condition at the conclusion of the lease. The TGA has made a provision to reflect the present value of this obligation.
  3. The other provision relates to a 25% refund that the TGA is required to make for conformity assessments of device design examinations that are not completed within the legislated time frame.