ANNUAL Report June 2025 Notes to the Consolidated Financial Statements 44 31. EMPLOYEE BENEFITS 2025 $ 2024 $ Current Annual leave benefits 1,357,015 488,203 Long service leave benefits 35,193 28,727 1,392,208 516,930 Non-current Long service leave benefits 136,697 22,383 Total employee benefits 1,528,905 539,313 32. PROVISIONS 2025 $ 2024 $ On acquisition of subsidiary Provision for dismantling costs 2,511,647 2,264,374 Total provisions 2,511,647 2,264,374 33. NEW ACCOUNTING STANDARDS AND INTERPRETATIONS Adoption of New Standards and Interpretations Changes in accounting policies on the initial application of Accounting Standards From 1 July 2024, the Company has adopted all the standards and interpretations mandatory for annual periods beginning on or after 1 July 2024. The adoption of these standards and interpretations did not have any effect on the statements of the company's financial position or performance. The Company has not elected to early adopt any new standards or amendments. 110 EQ Resources Limited Annual Report 2025 Notes to the Consolidated Financial Statements continued
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