2002 - 2003 Annual Report - Tourism Australia
2002 - 2003 Annual Report - Tourism Australia
2002 - 2003 Annual Report - Tourism Australia
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Schedule of Commitments<br />
As at 30 June <strong>2003</strong> <strong>Australia</strong>n Tourist Commission<br />
<strong>2003</strong> <strong>2002</strong><br />
Notes $’000 $’000<br />
By Type<br />
Other Commitments<br />
Operating leases 1 10,432 12,024<br />
Other commitments 2 60,235 65,171<br />
Total commitments payable 70,667 77,195<br />
Commitments Receivable 3 (620) (600)<br />
Net commitments 70,047 76,595<br />
By Maturity<br />
Operating lease commitments<br />
One year or less 3,649 4,275<br />
From one to five years 4,214 5,168<br />
Over five years 2,569 2,581<br />
10,432 12,024<br />
NB: Commitments are GST inclusive where relevant.<br />
1 Operating leases comprise of leases for office accommodation and computer leases.<br />
2 Other commitments comprise of amounts payable under project agreements in respect of which the recipient is yet to either perform the services required<br />
or meet eligibility conditions.<br />
3 Commitments receivable comprises consumption tax recoverable.<br />
The above schedule should be read in conjunction with the accompanying notes<br />
71
Change language