The following amounts reflect leave that is not expected to be taken within the next 12 months: 30 June 2014 Notes to the Financial Statements NOTE 25. CURRENT LIABILITIES - PROVISIONS Warranties Project Closure Movements in provisions NOTE 26. NON-CURRENT LIABILITIES - BORROWINGS Refer to note 34 for further information on financial instruments. Provision is made in respect of the Consolidated Entity’s estimated liability on all products or services under  warranty at reporting date. The provision is measured as the present value of future cash flows estimated to  be required to settle warranty obligation. The future cash flows are estimated by reference to the Consolidated  Entity’s history of warranty claims.  At the completion of some projects the Consolidated Entity has a liability for redundancy and the cost of relocating  crushing and other mobile plant. An assessment is undertaken on the probability that such expenses will be  incurred in the normal business of contracting services and is provided for in the financial statements. Movements in each class of provision during the current financial year, other than employee benefits, are set  out below: Consolidated 30 June 2014 $’000 30 June 2013 $’000 Bank loans 69,000  228,968  Lease liability 12,708 58,774  81,708  287,742  Consolidated - 30 June 2014 Warranties Project Closure $’000 $’000 Carrying amount at the start of the year 240  2,415  Additional provisions recognised 1,682  256  Amounts transferred from non-current - 4,457  Carrying amount at the end of the year 1,922  7,128  Consolidated 30 June 2014 $’000 30 June 2013 $’000 Warranties 1,922  240  Project Closure 7,128  2,415  9,050  2,655  Consolidated 30 June 2014 $’000 30 June 2013 $’000 Employee benefits obligation expected to be settled after 12 months 5,581  5,053  78 Mineral Resources Limited Annual Report 2014