Qantas 2008 Annual Report Download - page 114

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112 Qantas Annual Report 2008
Notes to the Financial Statements
for the year ended 30 June 2008
Qantas Group Qantas
Current 2008
$M
2007
$M
2008
$M
2007
$M
Dividends 4.8 2.2 4.8 2.2
Employee benefi ts
annual leave–346.7 322.9 289.6 268.9
long service leave–35.5 37.6 27.8 28.9
staff redundancy–22.9 51.0 22.9 51.0
Onerous contracts 4.7 9.3 4.3 8.7
Insurance, legal and other 69.1 77.4 67.5 76.3
483.7 500.4 416.9 436.0
Non-current $M $M $M $M
Employee benefi ts
long service leave–283.2 295.2 255.3 267.6
Onerous contracts 1.5 15.3 0.3 13.7
Make good on leased assets 41.6 33.7 29.6 26.6
Insurance and other 97.3 101.1 92.1 95.3
423.6 445.3 377.3 403.2
Reconciliations $M $M $M $M
Reconciliations of the carrying amounts of each class of provision,
except for employee benefi ts, are set out below:
Dividends
Balance as at 1 July 2.2 2.1 2.2 2.1
Provisions made 640.6 513.8 639.8 512.8
Payments made (638.0) (414.7) (637.2) (413.7)
Dividends settled in shares under the DRP –(99.0) –(99.0)
Balance as at 30 June 4.8 2.2 4.8 2.2
22. Provisions
For personal use only