Department of Sustainability, Environment, Water, Population and Communities Annual Report 2011–12



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2012

 

2011

 

$'000

 

$'000

BY TYPE

 

 

 

Commitments receivable

 

 

 

Joint activity contributions

(1,885)

 

(2,128)

Net GST recoverable on commitments

(18,851)

 

(16,900)

Total commitments receivable

(20,736)

 

(19,028)

 

 

 

 

Commitments payable

 

 

 

Capital commitments1

 

 

 

Land and buildings

436

 

529

Property, plant and equipment

6,519

 

9,655

Total capital commitments

6,955

 

10,184

Other commitments

 

 

 

Operating leases2

159,754

 

154,004

Project commitments3

2,540

 

2,544

Other4

93,094

 

95,330

Total other commitments

255,388

 

251,878

Total commitments payable

262,343

 

262,062

Net commitments by type

241,607

 

243,034

 

 

 

 

BY MATURITY

 

 

 

Commitments receivable

 

 

 

Other commitments receivable

 

 

 

One year or less

(8,642)

 

(7,066)

From one to five years

(9,113)

 

(9,442)

Over five years

(2,981)

 

(2,520)

Total other commitments receivable

(20,736)

 

(19,028)

Total commitments receivable

(20,736)

 

(19,028)

 

 

 

 

Commitments payable

 

 

 

Capital commitments

 

 

 

One year or less

4,052

 

5,106

From one to five years

2,903

 

5,078

Total capital commitments

6,955

 

10,184

Operating lease commitments

 

 

 

One year or less

33,404

 

33,240

From one to five years

93,722

 

93,046

Over five years

32,628

 

27,718

Total operating lease commitments

159,754

 

154,004

Project commitments




 




One year or less

1,747

 

1,758

From one to five years

793

 

786

Total project commitments

2,540

 

2,544

Other commitments

 

 

 

One year or less

55,094

 

44,790

From one to five years

37,835

 

50,540

Over five years

165

 

-

Total other commitments

93,094

 

95,330

Total commitments payable

262,343

 

262,062

Net commitments by maturity

241,607

 

243,034

Note: Commitments are GST inclusive where relevant.



  1. Capital commitments relate to contractual payments for new assets and assets under construction.




  1. Operating leases are effectively non-cancellable and include:



Nature of lease

General description of leasing arrangements

Leases for office accommodation

    • Lease payments are subject to increases in accordance with terms as negotiated under the lease.

    • The Department's leases for office accommodation generally have options for renewal. Future options not yet exercised are not included as commitments.

Leases for transportation to and within the Antarctic Territory

    • Lease payments are subject to increases in accordance with terms as negotiated under the lease.

    • The transportation leases generally have options for renewal. Future options not yet exercised are not included as commitments.

Leases for support facilities for Antarctic operations

    • Lease payments are subject to increases in accordance with terms as negotiated under the lease.

    • The facility leases each have options for renewal. Future options not yet exercised are not included as commitments.




  1. Project commitments relate to grant amounts payable under agreements in respect of which the grantee has yet to complete the milestone required under the agreement.




  1. Other commitments relate to contracts for goods and services in respect of which the contracted party has yet to provide the goods and services required under the contract.




 

2012

 

2011

 

$'000

 

$'000

Contingent assets

 

 

 

Claims for damages or costs

3,428

 

4,214

Total contingent assets

3,428

 

4,214

Net contingent assets (liabilities)

3,428

 

4,214


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