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2004 - 2005 Annual Report - Tourism Australia

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SCHEDULE OF COMMITMENTS<br />

As at 30 June <strong>2005</strong><br />

<strong>2005</strong><br />

Notes $’000<br />

BY TYPE<br />

Other commitments<br />

Operating leases 1 19,724<br />

Other commitments 2 28,916<br />

Total other commitments 48,640<br />

SCHEDULE OF CONTINGENCIES<br />

As at 30 June <strong>2005</strong><br />

There were no known contingencies as at 30 June, <strong>2005</strong>.<br />

The above schedule should be read in conjunction with the accompanying notes.<br />

Commitments receivable 3 (330)<br />

Net commitments 48,310<br />

BY MATURITY<br />

Operating lease commitments<br />

One year or less 4,846<br />

From one to five years 10,874<br />

Over five years 4,004<br />

Total operating lease commitments 19,724<br />

Other Commitments<br />

One year or less 17,873<br />

From one to five years 11,043<br />

Total other commitments 28,916<br />

Commitments receivable 3 (330)<br />

Net commitments 48,310<br />

NB: Commitments are GST inclusive where relevant.<br />

1 Operating leases comprise leases for office accommodation and computer leases.<br />

2 Other commitments comprise amounts payable under project agreements in respect of which the<br />

recipient is yet to either perform the services required or meet eligibility conditions.<br />

3 Commitments receivable comprises GST recoverable.<br />

The above schedule should be read in conjunction with the accompanying notes.<br />

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