annual report 2012 – 13 - Australian Government Solicitor

AUSTRALIAN GOVERNMENT SOLICITORSCHEDULE OF COMMITMENTSas at 30 June 20131Operating leases included are effectively non-cancellable and comprise:Nature of leaseLeases for office accommodationAgreements for the provision of motor vehiclesfor senior executivesAgreements for the provision of office equipment30 June 2013 30 June 2012$'000General description of leasing arrangementLease payments are subject to annual or bi-annual review, eitherto market or be fixed increases as set out in the individual leases.No contingent rentals exist. There are no renewal or purchaseoptions available to AGS.Office equipment includes photocopiers and office machines andis leased over periods of 1 to 5 years at fixed payments.In July 2012 AGS entered into a Deed of Agreement for Lease to lease part of a new office building in Canberra.The lease commences in September 2013 and will replace AGS’s existing holdings in Canberra.The above schedule should be read in conjunction with the accompanying notes.$'000BY TYPECommitments receivableSublease rental income 8 716 4 030GST recoverable on commitments 19 158 9 052Total commitments receivable 27 874 13 082Commitments payableCapital commitmentsLeasehold improvements 442 –Total capital commitments 442 –Other commitmentsOperating leases 1 113 724 53 484Total other commitments 113 724 53 484Net commitments by type 86 292 40 402BY MATURITYCommitments receivableOperating lease incomeOne year or less 3 366 573From one to five years 5 241 1 660Over five years 109 1 797Total operating lease income 8 716 4 030Other commitments receivableOne year or less 4 523 1 449From one to five years 8 981 4 425Over five years 5 654 3 178Total other commitments receivable 19 158 9 052Total Commitments receivable 27 874 13 082Commitments payableCapital commitmentsOne year or less 442 –From one to five years – –Over five years – –Total capital commitments 442 –Operating lease commitmentsOne year or less 13 017 9 558From one to five years 40 466 28 914Over five years 60 241 15 012Total operating lease commitments 113 724 53 484Total Commitments payable 114 166 53 484Net commitments by maturity 86 292 40 402AGS Annual report 2012–13 63