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| Claims for costs | Total | |||
|---|---|---|---|---|
| 2015 $’000 |
2014 $’000 |
2015 $’000 |
2014 $’000 |
|
| Contingent Assets | ||||
| Balance from previous period | – | 675 | – | 675 |
| New contingent assets recognised | – | – | – | – |
| Contingent assets realised | – | (675) | – | (675) |
| Total Contingent Assets | – | – | – | – |
Quantifiable Contingencies
The Schedule of Contingencies reports no quantifiable contingent assets in respect to court matters settled at 30 June 2015 that include an amount for costs in favour of the FWBII but for which the court has yet to issue a decision (2014: Nil).
At 30 June 2015, the FWBII had no quantifiable contingent liabilities (2014: nil).
Unquantifiable Contingencies
At 30 June 2015, the FWBII had 1 unquantifiable contingent assets relating to matters before the court that are considered more likely than not to lead to costs in favour of the FWBII (2014: 5). These are not included in the Schedule of Contingencies.
At 30 June 2015, the FWBII had 1 unquantifiable contingent liabilities relating to matters before the court that are considered more likely than not to lead to costs against the FWBII (2014: 2). These are not included in the Schedule of Contingencies.
Significant Remote Contingencies
At 30 June 2015, the FWBII had 1 significant remote contingent assets relating to matters before the courts where it is considered a remote possibility that they may lead to costs in favour of the FWBII (2014: 2). These are not included in the Schedule of Contingencies.
At 30 June 2015, the FWBII had no significant remote contingent liabilities relating to matters before the courts where it is considered a remote possibility that they may lead to costs against the FWBII (2014: Nil). These are not included in the Schedule of Contingencies.