Financials - Film Victoria
Financials - Film Victoria
Financials - Film Victoria
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
108 109 section 08 financial statements<br />
section 08 financial statements<br />
notes to tHe Financial statements<br />
for the financial year ended 30 June 2009<br />
note 8. supeRannuation<br />
<strong>Film</strong> <strong>Victoria</strong> has made employer contributions on behalf of its employees during 2008/09 to the following<br />
defined contribution plans:<br />
vic super<br />
Employer contributions paid to the Vic Super scheme in 2008/09 amount to $187,284 (2007/08 $157,562).<br />
Contributions outstanding as at 30 June 2009 were nil (2008: nil).<br />
other<br />
Employer contributions paid to other various schemes in 2008/09 amount to $134,232 (2007/08 $80,566).<br />
Contributions outstanding as at 30 June 2009 were nil (2008: nil).<br />
<strong>Film</strong> <strong>Victoria</strong> recognises all superannuation contributions for the reporting period as expense, included as part<br />
of the employee benefits in the Comprehensive Operating Statement.<br />
note 9. accumulated suRplus<br />
The Accumulated surplus total of $4,798,810 as at 30 June 2009 represents expenditure that has been allocated<br />
to various programs, but has yet to be expended.<br />
note 10. leases<br />
disclosures for lessees – operating leases<br />
Operating leases are with respect to office space at 189 Flinders Lane, Melbourne and minor related office equipment.<br />
2009<br />
$<br />
2008<br />
$<br />
non-cancellable operating leases payable<br />
Not later than one year 299,152 365,815<br />
Longer than one year and not longer than five years 948,915 1,167,739<br />
present value of minimum lease payments 1,248,067 1,533,554
Change language