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Provisions
 12 Months Ended
Jun. 30, 2025
Provisions [Abstract]  
PROVISIONS

8. PROVISIONS

 

   Years Ended June 30, 
   2025   2024 
         
Current        
Annual leave (1)   631,941    318,694 
Long service leave (1)(2)   243,967    212,005 
           
Total   875,908    530,699 
           
Non-Current          
Long service leave (2)   
-
    
-
 

 

A provision has been recognised for employee entitlements relating to long service leave. In calculating the present value of future cash flows in respect of long service leave, the probability of long service leave being taken is based on historical data. The measurement and recognition criteria relating to employee benefits have been included in Note 1 to this report.

 

(1) Movements in provisions

 

Movements in each class of provision during the financial year are set out below:

 

   Years Ended June 30, 
   2025   2024   2023 
Annual leave            
Carrying amount at start of year   318,694    420,380    371,877 
Charged/(credited) to profit or loss -additional provisions recognised   409,646    179,923    272,502 
Amounts used during the year   (97,011)   (280,618)   (232,747)
Change in foreign exchange   612    (991)   8,748 
Carrying amount at end of year   631,941    318,694    420,380 
                
Long service leave               
Carrying amount at start of year   212,005    328,325    298,143 
Charged/(credited) to profit or loss -additional provisions recognised   32,901    30,308    30,182 
Amounts used during the year   (939)   (146,628)   
-
 
Carrying amount at end of year   243,967    212,005    328,325 
                
Total   875,908    530,699    748,705 

(2) Amounts not expected to be settled within the next 12 months

 

The current provision for long service leave includes all unconditional entitlements where employees have completed the required period of service and also those where employees are entitled to pro-rata payments in certain circumstances.

 

The entire amount is presented as current, since the Group does not have an unconditional right to defer settlement. However, based on past experience, the Group does not expect all employees to take the full amount of accrued long service leave or require payment within the next 12 months.