Annual Report 2013-2014
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26 Aktive Financial Statements <strong>2013</strong>/<strong>2014</strong><br />
2. OPERATING LEASE OBLIGATIONS<br />
The operating lease relates to the office rental at 21 Pitt Street.<br />
<strong>2014</strong><br />
$<br />
<strong>2013</strong><br />
$<br />
Current 3,000 0<br />
Non-current 0 0<br />
3,000 0<br />
3. FINANCE LEASE OBLIGATIONS<br />
Finance leases are secured over 4 motor vehicles. Interest paid on finance leases during the period was $2,339.<br />
Finance lease obligations payable after the period end are:<br />
<strong>2014</strong><br />
$<br />
<strong>2013</strong><br />
$<br />
Current 23,982 0<br />
Non-current 65,952 0<br />
89,934 0<br />
4. CAPITAL COMMITMENTS<br />
There were no capital commitments at balance date (<strong>2013</strong>:$nil).<br />
5. CONTINGENT LIABILITIES<br />
There were no contingent liabilities at balance date (<strong>2013</strong>:$nil).<br />
6. TRUSTEES REMUNERATION<br />
The total value of Trustees fees was $63,000 (<strong>2013</strong>:$nil).<br />
7. PROPERTY, PLANT AND EQUIPMENT<br />
<strong>2014</strong> Cost<br />
Accum<br />
Depn<br />
Book<br />
Value<br />
Depn<br />
Charge<br />
Office Equipment 18,126 3,049 15,077 3,049<br />
Computer Equipment 12,874 920 11,954 920<br />
Vehicles 111,456 5,573 105,883 5,573<br />
Total 142,456 9,542 132,914 9,542<br />
<strong>2013</strong> Cost<br />
Accum<br />
Depn<br />
Book<br />
Value<br />
Depn<br />
Charge<br />
Office Equipment 0 0 0 0<br />
Computer Equipment 0 0 0 0<br />
Vehicles 0 0 0 0<br />
Total 0 0 0 0
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