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CQUniversity Annual Report - Central Queensland University

CQUniversity Annual Report - Central Queensland University

CQUniversity Annual Report - Central Queensland University

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58<strong>Central</strong> <strong>Queensland</strong> <strong>University</strong>and Controlled EntitiesNotes to the Financial Statementsfor the year ended 31 December 2012Note 35. Commitments(a) Capital commitmentsCapital expenditure contracted for at the reporting date but not recognised as liabilities is as follows:ConsolidatedParent EntityNotes 2012 2011 2012 2011Property, Plant and Equipment $'000 $'000 $'000 $'000Payable:Within one year 6,386 9,662 6,386 9,662Total capital commitments 6,386 9,662 6,386 9,662(b) Lease commitmentsOperating leasesCommitments in relation to non-property leases contracted for at the reporting date but not recognised as liabilities:PayableWithin one year 633 197 534 148Later than one year but not later than five years 1,585 249 1,395 2092,218 446 1,929 357The consolidated entity leases plant and equipment under non-cancellable operating leases expiring from 1 to 5 years.There are no provisions for contingent rentals within the existing operating leases.There are no provisions within the agreements for additional debt.Commitments for operating leases for Australian International Campus buildings in existence at the reporting date but notrecognised as liabilities:PayableWithin one year 18,766 20,018 18,766 20,018Later than one year but not later than five years 83,085 97,085 83,085 97,085Later than five years 37,285 18,803 37,285 18,803139,136 135,906 139,136 135,906ReceivableWithin one year 4,204 1,044 4,204 1,044Later than one year but not later than five years 15,968 310 15,968 31020,172 1,354 20,172 1,354Total operating lease commitments 118,964 134,552 118,964 134,552(c) Other expenditure commitmentsPayableWithin one year 311 446 311 446Total other expenditure commitments 311 446 311 446

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