McConnell Dowell 2020 Annual Review

86 McConnell Dowell Group All figures are in A$ 000’s Note 2020 2019 16. Provisions Current Employee provisions 16(a) 26,488 22,937 Other 16(b) 3,642 7,070 Total current provisions 30,130 30,007 Non-current Employee provisions 16(a) 1,612 1,613 Other 1,824 1,980 Total non-current provisions 3,436 3,593 17. Related parties Amounts receivable / (payable) from related parties at balance date The receivables / (payables) due to McConnell Dowell Corporation Ltd and its subsidiaries relate to interest on the loan from the immediate parent Aveng Australia Holdings Pty Ltd (“AAH”) and cost reimbursements for goods and services provided to / (from) AAH and its subsidiaries and subsidiaries of the ultimate parent Aveng Ltd. Aveng Australia Holdings Pty Ltd - current receivable 7 2,326 2,325 Aveng Rail Australia Pty Ltd - current receivable 7 - 203 Aveng (Africa) Ltd - current payable 13 (841) (2,334) Total receivables 1,485 194 16(a) Employee benefits: The Group has provided for expected costs in relation to annual leave, long service leave, staff bonuses, long term staff incentive scheme and other employee related provisions. 16(b) Current other provisions: Balance includes certain provisions for quantifiable and probable project risks recognised relating to historical projects. Related party transactions are receivable / payable on demand subject to cash flow availability. Consolidated Notes to the annual financial statements (continued) for the year ended 30 June 2020

RkJQdWJsaXNoZXIy Mjk0NTM=