18. Commitments

Disclosures in relation  to capital and other commitments, including lease commitments. Commitments are those contracted as  at 30 June where the amount of the future  commitment can be reliably measured.

20192018
Internal
$000
External
$000
Internal
$000
External
$000
(I) capital expenditure commitments     
Capital expenditure commitments are primarily related to the construction of buildings and infrastructure. Capital expenditure commitments contracted at balance date but not recognised as liabilities are payable as follows:     
Within one year 0 2,912 0 1,904
Later than one year and not later than five years 0 0 0 0
Later than five years 0 0 0 0
Total capital expenditure commitments 0 2,912 0 1,904
     
(Ii) operating lease commitments     

The department leases property under non-cancellable operating leases expiring at various dates. Leases generally provide the department with a right of renewal at which time all lease terms are renegotiated.

The department also leases items of plant and equipment under non-cancellable operating leases. Future operating lease commitments not recognised as liabilities are payable as follows:

    
Within one year 1,023 13 1,094 4
Later than one year and not later than five years 1,555 35 1,297 8
Later than five years 368 0 430 0
Total operating lease commitments 2,946 48 2,821 12
     
(Iii) other expenditure commitments     
Other non-cancellable expenditure commitments not recognised as liabilities are payable as follows:     
Within one year 0 7,405 0 6,551
Later than one year and not later than five years 0 0 0 0
Later than five years 0 0 0 0
Total other expenditure commitments 0 7,405 0 6,551

ANNUAL REPORT 2018-19 - DEPARTMENT OF PRIMARY INDUSTRY AND RESOURCES


Last updated: 23 October 2019

Give feedback about this page.

Share this page:

URL copied!