Annual Report 2006–07
Schedule of commitments
as at 30 June 2007
| BY TYPE | 2007 $’000 |
2006 $’000 |
| Capital receivable | ||
| GST recoverable on committments | (73) | (101) |
| Total capital receivable | (73) | (101) |
| Capital commitments | ||
| GST recoverable on committments | 23 | |
| Total capital commitments | - | 23 |
| Other commitments | ||
| Operating leases 1 | 62 | 37 |
| Goods and services 2 | 672 | 974 |
| Total other commitments | 734 | 1,011 |
| Net commitments by type | 611 | 933 |
| BY MATURITY | ||
| Commitments receivable | ||
| Other commitments receivable | ||
| One year or less | (71) | (101) |
| From one to five years | (2) | - |
| Total other commitments receivable | (73) | (101) |
| Commitments payable | ||
| Capital commitments | ||
| One year or less | - | 23 |
| Total capital commitments | - | 23 |
| Operating lease commitments | ||
| One year or less | 39 | 37 |
| From one to five years | 23 | - |
| Total operating lease commitments | 62 | 37 |
| Goods and services commitments | ||
| One year or less | 672 | 974 |
| From one to five years | - | - |
| Total goods and services commitments | 672 | 974 |
| Net commitments by maturity | 933 | 722 |
NB: Commitments are GST inclusive where relevant.
1 Operating leases included are effectively non-cancellable and comprise agreements for the provision of motor vehicles to senior executive officers and there are no renewal or purchase options available.
2 Other commitments relate to contracts (including purchase orders) lodged with suppliers.
The above schedule should be read in conjunction with the accompanying notes.
