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Wool Stocktake : AWI Annual Report 2008-09
NOTE 21: Current liabilities - Deferred income 2008 2008 $'000 $'000 Unearned licence income 7,243 - NOTE 22: Non-current liabilities - Provisions 2008 2008 $'000 $'000 Long service leave 37 37 NOTE 23: Non-current liabilities - Other 2008 2008 $'000 $'000 Lease incentive -- 580 George St fitout 1,071 1,071 The lease incentive will decrease on a straight line basis as a reduction of the lease expense over the 8 year lease term. NOTE 24: Contributed equity 2008 2008 Shares $ Ordinary shares -- fully paid 37,462 100 1 July 2007 Opening balance 37,462 100 30 June 2008 Balance 37,462 100 1 July 2008 Opening balance 37,462 100 30 June 2009 Balance 37,462 100 A person has a right to one share in the Company if the Board is satisfied that their rolling wool levy or wool tax contribution is $100 or more during the 3 previous financial years or the person is engaged in a wool producing business, as defined by the Company's constitution. This right does not entitle the shareholder to participate in any profit distributions or in any proceeds on the winding up of the entity. Where a person fails to satisfy these share criteria the share is returned to and held by the Company.
AWI Annual Report 2007-08
AWI Annual Report 2009-10