b. Trade and other payables 2025 2024 US$m US$m Trade payables 808 867 Accruals and other payables 2,653 2,478 Carrying amount of current trade and other payables 3,461 3,345 Accruals and other payables 288 230 Contingent consideration associated with business combinations (Note 11) 227 220 Carrying amount of other non-current liabilities 515 450 Trade payables, accruals and other payables represents the notional amounts owed to suppliers for goods and services provided to the Group prior to the end of the financial year that are unpaid. Trade and other payables are non-interest bearing and have various repayment terms but are usually paid within 30 to 60 days of recognition. Note 15: Provisions Provisions are recognised when the Group has a present obligation, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made of the obligation. Provisions are not recognised for future operating losses. Provisions recognised reflect our best estimate of the expenditure required to settle the present obligation at the reporting date. Where the effect of the time value of money is material, provisions are determined by discounting the expected future cash flows to settle the obligation at a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the obligation. Provisions for employee benefits includes the liability for leave entitlements, related on costs and restructuring costs where required. Other provisions include provisions for asset retirement obligations, onerous contracts and contingent liabilities recognised in connection with past business combinations. During the year ended 30 June 2025, CSL made settlement payments in relation to certain legacy Vifor Pharma disputes. These were provided for as part of the purchase price accounting for the Vifor Pharma acquisition in the year ended 30 June 2023. Employee benefits Other Total 2025 2024 2025 2024 2025 2024 US$m US$m US$m US$m US$m US$m Current Carrying amount at beginning of year 213 246 262 64 475 310 Utilised (63) (103) (263) (72) (326) (175) Reclassified from non-current — — 37 273 37 273 Additions 81 69 — — 81 69 Currency translation differences 3 1 — (3) 3 (2) Carrying amount at end of year 234 213 36 262 270 475 Non-current Carrying amount at beginning of year 52 60 134 407 186 467 Utilised (2) (14) — 11 (2) (3) Reclassified to current — — (37) (273) (37) (273) Additions 5 6 — — 5 6 Currency translation differences 3 — — (11) 3 (11) Carrying amount at end of year 58 52 97 134 155 186 119 119 CSL Limited Annual Report 2024/25
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