Australian Customs Service
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AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF CONTINGENCIES as at 30 June 2005


Contingent liabilities

   Guarantees

   Claims for damages/costs

   Total

2005

2004

2005

2004

2005

2004

$’000

$’000

$’000

$’000

$’000

$’000

Balance from previous period

-

-

514

-

514

-

New

-

-

10

-

10

-

Re-measurement

-

-

-

514

-

514

Liabilities crystallised

-

-

-

-

-

-

Obligations expired

-

-

(500)

-

(500)

-

Total Contingent Liabilities

-

-

24

514

24

514

Details of each class of contingent liabilities and assets, including those not included above because they cannot be quantified or are considered remote, are disclosed in Note 14: Contingent Liabilities and Assets

The above schedule should be read in conjunction with the accompanying notes.

 

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