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Whitehaven Coal Limited : Annual Report 2011
94 noteS to the Financial StatementS 30 june 2011 24. EmP LOyEE BENEfiTs Consolidated In thousands of AUD 2011 2010 Current Salaries and wages accrued 2,998 1,883 Liability for long service leave 215 115 Liability for annual leave 5,576 4,247 8,789 6,245 25. PROvisiONs Mine rehabilitation and closure 30,746 28,898 Onerous contracts 3,283 – 34,029 28,898 Current 4,932 1,246 Non-current 29,097 27,652 34,029 28,898 In thousands of AUD Mine rehabilitation and closure Onerous contracts movement in provisions Balance at 1 July 2010 28,898 – Provisions made during the period 1,380 3,283 Provisions used during the period (260) – Unwind of discount 728 – Balance at 30 June 2011 30,746 3,283 Increases in the provision for rehabilitation were made during the year as a result of additional disturbance at several mines and a reassessment of the areas of disturbance and rehabilitation rates Rehabilitation and mine closure expenditure is expected to occur over the life of the mining operations which ranges from 5 to 25 years Refer to Note 3(r) for details on the nature of the obligation
Annual Report 2010
Annual Report 2012