Notes to the Financial Statements (continued)  CONSOLIDATED PARENT 2003  2002  2003  2002  $000  $000  $000  $000  15. Intangible Assets (Non-Current)  Goodwill – at cost  13,833  14,299  -  -  Accumulated amortisation (1,819)  (1,073)  -  -  Total intangibles, net  12,014  13,226  -  -  This goodwill primarily relates to the goodwill on consolidation resulting from the acquisition of a controlling interest in Rebel  Sport Limited.  16. Deferred Tax Assets (Non-Current)  Future income tax benefits attributable to  timing differences  7,952  6,985  2,526  2,798  17. Payables (Current)  Unsecured: Trade creditors and accruals  421,696  395,191  240  102  Hedge payable 7,639  -  -  -  Total payables (current)  429,335  395,191  240  102  18. Interest-Bearing Liabilities  (Current)  Secured: Non trade amounts owing to:  - Other related parties (a)  2,594  2,623  -  -  Unsecured: Bank overdraft 5,856  7,270  -  -  Lease liabilities (b) (Note 34)  5,991  7,053  -  -  Hire purchase liabilities -  32  -  -  Non trade amounts owing to:  - Directors (c)  10,057  14,212  -  -  - Other related parties (c)  915  667  -  -  - Other unrelated persons  319  101  -  -  Total interest-bearing liabilities (current)  25,732  31,958  -  -  (a) These loans are secured over consumer finance receivables.  (b) The implicit interest rate on lease liabilities is 9% over a term of 3 years.  (c) Interest is payable at normal commercial bank bill rates. The loans are unsecured and repayable at call.  19. Tax Liabilities (Current)  Provision for taxation  26,076  30,914  7,687  8,889  44  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003 