2002-03 Financial Statements

*Department of Defence*
**SCHEDULE OF CONTINGENCIES**
as at 30 June 2003
		2002-03	2001-02
	Notes	$'000	$'000
Contingent liabilities
Claims for damages/costs		132,943	127,518
Redundancies		-	1,159
Other		-	985
Total contingent liabilities		132,943	129,662

Contingent assets
Claims for damages/costs		68,394	108,673
Net contingent liabilities		64,549	20,989

Details of each class of contingent liabilities and assets, including those not included above because they cannot be quantified or considered remote, are disclosed in Note 13: Contingent Liabilities and Assets.

The above schedule should be read in conjunction with the accompanying notes.