ACFI 2011/12.indd - Gauteng Provincial Treasury

GAUTENG PROVINCE PUBLIC DEPARTMENTSDisclosure Notes to the Combined Financial Statementsas at 31 March 201225. Employee benefits2011/2012Notes R’0002010/2011R’000Leave entitlementService bonus (Thirteenth cheque)Performance awardsCapped leave commitmentsOther - Department of HealthTotal881,318965,898285,2472,646,29437,8944,816,651893,982973,372232,7412,604,22822,7144,727,03726. Lease commitmentsOperating lease expenditureBuildings and other fixed structuresNot later than 1 yearLater than 1 year and not later than 5 yearsLater than 5 yearsTotal408,3331,486,022879,8672,774,223352,7181,466,020873,1152,691,853Machinery and equipmentNot later than 1 yearLater than 1 year and not later than 5 yearsTotal present value660,55811,918672,476429,402692,3331,121,735Total present valueNot later than 1 yearLater than 1 year and not later than 5 yearsLater than 5 yearsTotal present value1,068,8911,497,940879,8673,446,699782,1202,158,353873,1153,813,588Finance lease expenditureMachinery and equipmentNot later than 1 yearLater than 1 year and not later than 5 yearsLater than 5 yearsLESS: fi nance costsTotal present value105,68979,365113(14,887)170,280172,161108,844139(17,686)263,458The fi nance and operating leases relate to mobile phone contracts, government garage vehicles and various machinery and equipment.Buildings and other fixed structuresNot later than 1 yearLater than 1 year and not later than 5 yearsTotal1,5111551,666---Escalation clauses related to the above contracts by the Department of Infrastructure.Combined Financial Information Annual Report 2011/12 | Gauteng Provincial Government41