McConnell Dowell 2018 Annual Review

30 Notes to the Annual Financial Statements (continued) For the year ended 30 June 2018 Consolidated All figures are in A$ 000’s Note 2018 2017 18. Provisions Current Employee provisions 18(a) 21,974 21,935 Other 18(b) 7,416 45,065 TOTAL CURRENT PROVISIONS 29,390 67,000 Non - current Employee provisions 18(a) 2,143 2,325 Other 2,002 2,152 TOTAL NON-CURRENT PROVISIONS 4,145 4,477 18(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. 18(b) - Current other provisions: Balance includes certain provisions for quantifiable and probable project risks recognised relating to historical projects 19. Related Parties Amounts receivable / (payable) from related parties at balance date The receivables / (payables) due to McConnell Dowell Corporation Ltd and it’s 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 8 2,058 1,200 Aveng Australia Holdings Pty Ltd - current loan 19(a) (10,000) (170,000) Aveng Rail Australia Pty Ltd - current receivable 8 266 242 Aveng (Africa) Ltd - current receivable 8 30 29 Aveng (Africa) Ltd - current payable 15 (2,247) (1,951) Aveng Manufacturing Lennings Rail - current payable 15 - (274) TOTAL RECEIVABLES / (PAYABLES) (9,893) (170,754) Ultimate parent (1) - The ultimate parent of the Group is Aveng Limited (a company incorporated in South Africa). Aveng Limited own 100% of the issued ordinary shares in Aveng Australia Holdings Pty Ltd. (2) - The immediate Australian parent of the Group is Aveng Australia Holdings Pty Ltd. Aveng Australia Holdings Pty Ltd owns 100% of the issued ordinary shares in McConnell Dowell Corporation Limited. 19(a) On 15th September 2017, $147m of this loan was converted into ordinary share capital (see note 23). Related party transactions are receivable / payable on demand subject to cash flow availability.