AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF COMMITMENTS as at 30 June 2005
|
|
2005 |
2004 |
|
|
$’000 |
$’000 |
BY TYPE |
|
|
|
Capital Commitments |
|
|
|
Infrastructure, plant and equipment1 |
10,667 |
21,388 |
|
Total Capital Commitments |
|
10,667 |
21,388 |
Other Commitments |
|
|
|
Operating leases2 |
685,175 |
503,957 |
|
Other Services |
42,775 |
37,598 |
|
Total Other Commitments |
|
727,950 |
541,555 |
Commitments Receivable |
|
(116,310) |
(91,106) |
Net Commitments by Type |
|
622,307 |
471,837 |
BY MATURITY |
|
|
|
Capital Commitments |
|
|
|
One year or less |
8,621 |
16,629 |
|
From one to five years |
2,046 |
4,759 |
|
Over five years |
- |
- |
|
Total Capital Commitments |
10,667 |
21,388 |
|
Operating Lease Commitments |
|
|
|
One year or less |
238,570 |
198,329 |
|
From one to five years |
376,199 |
263,440 |
|
Over five years |
70,406 |
42,188 |
|
Total Operating Lease Commitments |
685,175 |
503,957 |
|
Other Services Commitments |
|
|
|
One year or less |
36,863 |
29,608 |
|
From one to five years |
5,912 |
7,990 |
|
Over five years |
- |
- |
|
Total Other Servcies Commitments |
42,775 |
37,598 |
|
Commitments Receivable |
(116,310) |
(91,106) |
|
Net Commitments by Maturity |
622,307 |
471,837 |
|
AUSTRALIAN CUSTOMS SERVICE – SCHEDULE OF COMMITMENTS as at 30 June 2005
NB: Commitments are GST inclusive where relevant.
1 Plant & equipment commitments
are primarily contracts for infrastructure, plant and equipment, intangibles
and assets under construction.
2 Operating lease and other contracts
included are effectively non-cancellable and comprise:
Nature of Lease |
General description of leasing or contract arrangement |
Lease for office accommodation |
Most, but not all, lease payments are subject to biannual adjustments to current market values. Some lease payments are subject to upward movements in line with the Consumer Price Index. The initial periods of office accommodation leases are still current and each may be renewed for up to 5 years at the agency’s option. |
Other |
Most Contractors or Contracts are subject to annual CPI adjustments. This class of Commitments includes, among others, CEF logistical costs, IT related leases such as servers and desktop computers, coastal surveillance related leases such as aircraft and vessels, vehicle and other transport related leases. |
The above schedule should be read in conjunction with the accompanying notes.