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NOTE 20 (CONTINUED)
PARENT ENTITY FINANCIAL INFORMATION
(b) Contingencies of the parent entity
The parent entity accounts for costs associated with rectifying rail access related incidents following
their occurrence. Income from subsequent insurance and other recoveries is only recognised when
there is a contractual arrangement in place and the income is probable of being received. As a result,
certain potential insurance and or other recoveries have not been recognised at year end, as their
ultimate collection is not considered probable.
(c) Contractual commitments for the acquisition of property,
plant or equipment
As at 30 June 2016, the parent entity had contractual commitments for the acquisition of property,
plant or equipment totalling $85.5m (2015: $160.1m). These commitments are not recognised as
liabilities as the relevant assets have not yet been received.
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