Annual Report 2012 - The Australian Property Institute
Annual Report 2012 - The Australian Property Institute
Annual Report 2012 - The Australian Property Institute
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<strong>The</strong> <strong>Australian</strong> <strong>Property</strong> <strong>Institute</strong> <strong>Annual</strong> <strong>Report</strong> | <strong>2012</strong>Notes To and Forming Part Of theFinancial Statements for the YearEnded 31 December <strong>2012</strong> (Cont’d)11. ProvisionsECONOMIC ENTITYPARENT ENTITY<strong>2012</strong> 2011 <strong>2012</strong> 2011$ $ $ $CURRENT Employee benefits 411,210 439,149 391,031 428,737NON-CURRENT Employee benefits 68,311 48,556 66,663 47,85912. Leasing Commitments<strong>2012</strong> 2011$ $Operating lease commitmentsNon-cancellable operating leases contracted for butnot capitalised in the financial statementsPayable- Not later than 1 year 165,602 8,676- Later than 1 year but not later than 5 years 583,503 25,932- Greater than 5 years 51,071 -800,176 34,60874
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