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Statement of commitments

As at 30 June 2013

Non-cancellable operating and lease commitments

The department leases property, plant, and equipment in the normal course of its business. The majority of these leases are for premises, which have a non-cancellable leasing period ranging from one to seven years.

The department's non-cancellable operating leases have varying terms, escalation clauses, and renewal rights. There are no restrictions placed on the department by any of its leasing arrangements.

The department has entered into non-cancellable contracts for computer maintenance, advertising, printing, consulting services, and other contracts for service.

 

 2012
Actual

 

 2013
Actual

$000

 

$000

Non-cancellable operating and lease commitments 

12,545

Not later than one year 

7,000

14,527

Later than one year and not later than five years 

14,372

1,010

Later than five years 

 -

 28,082

Total non-cancellable operating and lease commitments 

21,372

excel icon csv  Download a delimited text file of the above table (CSV, 2KB)

The accompanying accounting policies and notes form part of these financial statements.

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