EUR 000 | 30 September 2021 | 30 September 2020 | ||||
< 1 year | > 1 year | Total | < 1 year | > 1 year | Total | |
Long-term employee benefit obligations | 215 | 2,500 | 2,715 | 315 | 2,584 | 2,899 |
Short-term employee benefit obligations | 44,663 | – | 44,663 | 23,165 | – | 23,165 |
44,878 | 2,500 | 47,378 | 23,480 | 2,584 | 26,064 | |
Long-term employee benefits consist of long-term pension plans that supplement WIA (Occupational Disability Insurance Act) benefits, provisions for long-service entitlements, and a number of special schemes and current employee benefit obligations relating to accrued holiday allowances, bonuses and overtime as well as holiday entitlements.
Short-term employee benefit obligations mainly relate to accruals for variable pay, one time payments, profit shares of the employee bonds and holiday allowances.
Movements in long-term employee benefits:
EUR 000 | 2020/2021 | 2019/2020 |
Balance at 1 October | 2,899 | 3,090 |
Utilised | -263 | -307 |
Addition | 69 | 111 |
Unwinding of discount | 10 | 5 |
Balance at 30 September | 2,715 | 2,899 |