• AUSTRALIAN TAXATION OFFICE
    SCHEDULE OF CONTINGENCIES

    as at 30 June 2013
        2013   2012
        $'000   $'000
    Contingent liabilities        
    Indemnities   581   941
    Claims for compensation / damages or costs   554   476
    Other contingencies   814   -
    Total contingent liabilities   1,949   1,417
    Contingent assets   -   -
    Net contingent liabilities   1,949   1,417

    Details of each class of contingent liabilities and contingent assets listed above are disclosed in Note 13: Departmental contingent liabilities and assets, along with information on significant remote contingencies and contingencies that cannot be quantified.

    The above statement should be read in conjunction with the accompanying notes

      Last modified: 13 Oct 2014QC 42718