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DHF Annual Report 2009 - NT Health Digital Library - Northern ...

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t) Employee Benefitsmeasured at present value, calculated using the Government long term bond rate.No provision is made for sick leave, which is non-vesting, as the anticipated pattern of future sick leave tobe taken is less than the entitlement accruing in each reporting period.As part of the Financial Management Framework, the Central Holding Authority assumes the long serviceleave liabilities of Government Agencies, including Department of <strong>Health</strong> and Families and as such no longu) SuperannuationEmployees’ superannuation entitlements are provided through the: non-government employee nominated schemes for those employees commencing on or after 10 August 1999.The Agency makes superannuation contributions on behalf of its employees to the Central Holding Authorityor non-government employee nominated schemes. Superannuation liabilities related to governmentsuperannuation schemes are held by the Central Holding Authority and as such are not recognised inv) Contributions by and Distributions to GovernmentThe Agency may receive contributions from Government where the Government is acting as owner of theAgency. Conversely, the Agency may make distributions to Government. In accordance with the FinancialManagement Act and Treasurer’s Directions, certain types of contributions and distributions, includingthose relating to administrative restructures, have been designated as contributions by, and distributions to,Government. These designated contributions and distributions are treated by the Agency as adjustmentsto equity.The Statement of Changes in Equity provides additional information in relation to contributions by, anddistributions to, Government.w) CommitmentsDisclosures in relation to capital and other commitments, including lease commitments are shown at note19 and are consistent with the requirements contained in AASB 101, AASB 116 and AASB 117.Commitments are those contracted as at 30 June where the amount of the future commitment can bereliably measured.186Department <strong>Health</strong> and Families

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