NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS  (CONTINUED) For the year ended 30 June 2014 2014  $’000 2013  $’000 16 INTEREST BEARING LOANS AND BORROWINGS Current: Secured borrowings 23,106 35,595 Non-current: Secured borrowings 457,762 382,892 Terms and conditions relating to the above financial instruments: The Company has a long-term finance facility with a facility limit of $100 million as at 30 June 2014 (30 June 2013: $100 million). This facility, which was  undrawn as at 30 June 2014 and as at the date of this report, is secured by equitable share mortgages over certain subsidiary and associate holding  companies, and by guarantees from various wholly-owned subsidiaries. Other secured borrowings are separately secured by a fixed and floating charge over the assets of the Village Roadshow Theme Parks group, the  Roadshow Distributors Pty. Ltd. group, and the Village Cinemas Australia Pty. Ltd. group. The security for these borrowings is limited to the assets and  undertakings of each particular operation or groups of operations. The total carrying value of the financial assets that are secured is $1,423.8 million (2013:  $1,272.3 million). The lease liabilities are secured by a charge over the leased assets. Refer Note 30(c)(ii) for additional information concerning finance lease terms and conditions. 2014  $’000 2013  $’000 17 PROVISIONS Current: Employee benefits 27,384 26,488 Make good provision 174 240 Dividends/distributions 23,925 – Other 9,202 5,580 60,685 32,308 Non-current: Employee benefits 2,901 2,465 Make good provision 7,480 7,201 Other 3,287 8,491 13,668 18,157 Employee benefit liabilities: Provision for employee benefits – Current 27,384 26,488 Non-current 2,901 2,465 Aggregate employee benefit liabilities 30,285 28,953 (a) Reconciliations Make good provision: Carrying amount at the beginning of the financial year 7,441 2,379 Amounts added during the year – 5,132 Amounts utilised or written back during the year – (117) Discount adjustment 213 47 Carrying amount at the end of the financial year 7,654 7,441 Other provisions: Carrying amount at the beginning of the financial year 14,071 10,896 Increase in provision 312 3,935 Amounts utilised or written back during the year (1,895) (778) Net foreign currency movements arising from investments in foreign operations – 18 Carrying amount at the end of the financial year 12,488 14,071 Make good provision Other provisions 56 VILLAGE ROADSHOW LIMITED In accordance with certain lease agreements, the Group must restore leased premises to the original condition on expiration of the relevant lease.  Provisions are raised in respect of such ‘make good’ clauses to cover the Group’s obligation to remove leasehold improvements from leased premises  where this is likely to be required in the foreseeable future. In addition, in 2013, make good provisions were taken up in relation to the likely closure of rides/ attractions in the Theme Parks division (refer also to Note 14). Because of the long term nature of the liability, the greatest uncertainty in estimating the  provision is the costs that will ultimately be incurred. Other provisions mainly comprises an onerous lease provision (with the balance relating to various other matters). Due to the nature of the liability,  the greatest uncertainty in estimating the provision is the costs that will ultimately be incurred. CLOSE FILE X