NOTES TO THE FINANCIAL STATEMENTS CONTINUED Notes to and forming part of the Consolidated Financial Statements For the period from incorporation to 26 June 2004 Consolidated Parent  entity  entity 2004 2004 $’000 $’000 Trade creditors  29,733  0  Other creditors  17,124  0 Total current liabilities – payables  46,857  0 CURRENT LIABILITIES - PAYABLES 17 Secured Commercial bill  29,000  0 Total current liabilities - secured interest bearing liabilities 29,000  0 Unsecured Related parties (refer Note 32)  7,184  6,199 Total current liabilities – unsecured interest bearing liabilities  7,184  6,199 Total current liabilities – interest bearing liabilities  36,184  6,199 CURRENT LIABILITIES - INTEREST BEARING LIABILITIES 18 Dividends (refer Note 25)  5,000  0  Employee benefits (refer Note 30)  3,643  0 Total current liabilities – provisions  8,643  0 Movements in provisions – dividends  Carrying amount at the start of the financial period 0  0  Provisions recognised as part of acquisition of Super Cheap Auto Pty Ltd  10,000  0 Payments/other sacrifices of economic benefits  (5,000)  Carrying amount at the end of the financial period 5,000  0 CURRENT LIABILITIES - PROVISIONS 19 The details of the security for the secured liabilities are set out in Note 20.   SUPER CHEAP AUTO GROUP LIMITED ANNUAL REPORT 2004 65