Aktive Annual Report 2015/16
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
44 <strong>Aktive</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2015</strong>/20<strong>16</strong><br />
20<strong>16</strong><br />
11. COMMITMENTS<br />
NON-CANCELLABLE OPERATING LEASE COMMITMENTS<br />
Not later than one year 72,447<br />
Later than one year and no later than five years 289,788<br />
Later than five years 205,270<br />
Total Non-cancellable operating lease commitments 567,505<br />
COMMITMENTS TO PROVIDE LOANS OR GRANTS<br />
<strong>Aktive</strong> has entered into various commitments for community sport<br />
development over the next 2 years<br />
750,227<br />
Total Commitments to provide loans or grants 750,227<br />
NON-CANCELLABLE OPERATING LEASE COMMITMENTS<br />
The non-cancellable operating lease commitment relates to the office rental at 14 Normanby Road.<br />
12. CONTINGENT LIABILITIES AND GUARANTEES<br />
At year end, a bank guarantee exists in respect of a credit from BNZ to iPayroll Limited for $45,500 to cover<br />
payroll transactions.<br />
13. IN-KIND GOODS OR SERVICES PROVIDED<br />
IN-KIND GOODS OR SERVICES<br />
Use of facilities for the Pathway to Podium programme, principally from Unitec, AUT,<br />
68,618<br />
and Auckland Council<br />
Fairfax advertising and communications support 125,000<br />
Support for the Good Sport programme principally by AUT staff 28,418<br />
Cars provided by West City Holden 8,400<br />
Operational / legal support by Simpson Grierson and Sheffield 20,000<br />
Total In-kind goods or services 250,436<br />
The above in-kind goods or services that are much appreciated are included within Other Operating Revenue<br />
and also within Other Expenses within the Statement of Revenue and Expenditure.
Change language