Annual Report and Accounts 2012/13 - Royal Bournemouth Hospital
Annual Report and Accounts 2012/13 - Royal Bournemouth Hospital
Annual Report and Accounts 2012/13 - Royal Bournemouth Hospital
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Financial <strong>Accounts</strong>21 BorrowingsFinance lease liabilities31 March 20<strong>13</strong> 31 March <strong>2012</strong>£’000 £’000- Current 433 423- Non current 1,191 1,620Total 1,624 2,04322 Finance lease obligationsThe Foundation Trust operates as lessee on a number of medical equipment leases.These leases generally run for between 5 - 7 years with options to extend the terms atthe expiry of the initial period. None of the leases include contingent rents or onerousrestrictions on the Foundation Trust’s use of assets concerned.Amounts payable under finance leasesGross lease payments31 March 20<strong>13</strong> 31 March <strong>2012</strong>£’000 £’000Within one year 529 476Between one <strong>and</strong> five years 1,250 1,567After five years 0 158Less future finance charges (155) (158)Total 1,624 2,04342<strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Accounts</strong> <strong>2012</strong>/<strong>13</strong>
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