90 Consolidated  Notes to the  Financial  Statements 2011 2010 $m $m Note 23 – Other assets (non-current) Generation dispatch agreements  21.1 26.8 Other  0.4 1.6 21.5 28.4 Note 24 – Trade and other payables (current) Trade payables and accrued expenses  840.4 852.3 Goods and services tax payable  12.7 5.3 Amounts owing to jointly controlled entities  – 2.0 853.1 859.6 Trade payables are generally settled within 30 days of the date of recognition. For terms and conditions relating to amounts owing to jointly controlled entities, refer to Note 49. Note 25 – Borrowings (current) At amortised cost Bank loans – unsecured  886.7 – 886.7 – Significant terms and conditions Bank loans are unsecured and are repayable on maturity in October 2011. Bank loans bear interest at the relevant interbank reference rate  plus a margin. The consolidated entity has entered into interest rate swap contracts to manage the exposure to interest rates. This has  resulted in a weighted average interest rate on bank loans of 6.07% (2010: 5.76%). Subsequent to the year end, AGL announced on 20 July 2011 that it has entered into a $1.0 billion Syndicated Loan Facility, comprising  of a $600.0 million 3 year term loan tranche and a $400.0 million 5 year revolving tranche. The funds will be partially used to refinance  $886.7 million of existing debt, due for repayment in October 2011. Refer Note 53 for further details. 2011 2010 $m $m Note 26 – Provisions (current) Employee benefits  51.1 45.4 Environmental restoration (Note 30)  8.2 – Restructuring (Note 30)  12.9 – Onerous contracts (Note 30)  20.9 20.9 Other (Note 30)  1.2 2.4 94.3 68.7 Note 27 – Other financial liabilities (current) Derivative financial instruments – at fair value (Note 52) – Interest rate swap contracts – cash flow hedges  1.3 – – Forward foreign exchange contracts – cash flow hedges  56.7 0.8 – Energy derivatives – cash flow hedges  123.2 175.7 – Energy derivatives – economic hedges  259.5 405.5 440.7 582.0 Note 28 – Other liabilities (current) Unearned revenue  15.1 0.6