Aktive Full Annual Report 2017/18
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<strong>Aktive</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2017</strong>/20<strong>18</strong> 37<br />
20<strong>18</strong> <strong>2017</strong><br />
11. COMMITMENTS<br />
NON-CANCELLABLE OPERATING LEASE COMMITMENTS<br />
Not later than one year 72,447 72,447<br />
Later than one year and no later than five years 289,788 289,788<br />
Later than five years 60,376 132,823<br />
Total Non-cancellable operating lease commitments 422,611 495,058<br />
Other Commitments<br />
<strong>Aktive</strong> has entered into various grant commitments for community sport<br />
5,771,686 750,227<br />
development over the next three years<br />
<strong>Aktive</strong> has entered into a CRM service contract with Xtreme Productivity 9,999 -<br />
Total Other Commitments 5,781,685 750,227<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, there were no contingent liabilities or guarantees (<strong>2017</strong>:$45,500 from BNZ to cover payroll<br />
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,<br />
45,434 68,6<strong>18</strong><br />
AUT, and Auckland Council<br />
Advertising and communications support - 125,000<br />
Support for GAAAP and Good Sports, principally by Water Safety NZ, schools and AUT staff 321,350 5,764<br />
Cars provided by West City Holden 9,400 8,400<br />
Operational / legal support by Simpson Grierson and Sheffield 17,500 25,792<br />
Total In-kind goods or services 393,684 233,574<br />
The above in-kind goods or services that are much appreciated are included within Other Operating<br />
Revenue and also within Other Expenses within the Statement of Revenue and Expenditure.
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