DEPARTMENT OF FISHERIES ANNUAL REPORT TO THE ...

SUMMARy OF THE yEAR � FINANCIAL OvERvIEw
Liability categories
The liabilities of the Department are mainly
employee entitlements (21 per cent) and
borrowings under the Fisheries Adjustment Scheme
(72 per cent). This is shown in Figure 16.
The amount ‘owed’ under Fisheries
Adjustment Scheme will reduce in the out-years with
the final instalments due in 2018/19.
See also notes with respect to Figure 14.
Figure 16. Liability categories
As at 30 June 2011 and 30 June 2010
Liability categories
Other Liabilities
Payables
Employee Benefit
Provisions
Borrowings
$ '000
0
5,000
table 15.
10,000
15,000
20,000
25,000
30,000
2010/11
2009/10
35,000
lIABIlIty cAtegorIeS
2009/10
$’000
2010/11
$’000
2010/11
%
Borrowings 4,027 37,765 72%
Employee Benefit Provisions 8,845 11,274 21%
Payables 1,907 2,607 5%
Other Liabilities 734 1,173 2%
totAl lIABIlItIeS 15,513 52,819 100%
40,000
35