Cash Flows
Index
Download the PDFAustralian Public Service Commission Schedule of Commitments
as at 30 June 2003
| 2003 $’000 |
2002 $’000 |
|
|---|---|---|
| By Type | ||
| Capital commitments | ||
| Finance lease – information technology1 | 303 | 2,471 |
| Other3 | 332 | - |
| Total capital commitments | 635 | 2,471 |
| Other Commitments | ||
| Operating leases2 | 5,141 | 6,624 |
| Other commitments3 | 3,364 | 1,146 |
| Total other commitments | 8,505 | 7,770 |
| Commitments receivable | ||
| GST recoverables | (914) | (931) |
| Total commitments receivable | (914) | (931) |
| Net commitments | 8,226 | 9,310 |
| By Maturity | ||
| Capital commitments | ||
| One year or less | 332 | 824 |
| From one to five years | 303 | 1,647 |
| Over five years | - | - |
| 635 | 2,471 | |
| Operating lease commitments | ||
| One year or less | 1,571 | 1,639 |
| From one to five years | 3,570 | 4,985 |
| Over five years | - | - |
| 5,141 | 6,624 | |
| Net Other commitments | ||
| One year or less | 2,160 | 423 |
| From one to five years | 290 | (208) |
| Over five years | - | - |
| 2,450 | 215 | |
| Net commitments by maturity | 8,226 | 9,310 |
NB: Commitments are GST inclusive where relevant.
1 Finance lease commitment includes information technology equipment.
2 Operating leases included are effectively non-cancellable and include
leases for office accommodation, motor vehicles and IT
equipment.
| Nature of lease | General description of leasing arrangement |
|---|---|
| Leases for office accommodation | • lease payments are subject to rent reviews in accordance with the lease
agreement; and • the initial periods of office accommodation leases are still current. |
| Agreements for the provision of motor vehicles to senior executive officers | • no contingent rentals exist; and • there are no purchase options available to the Agency |
| .Lease for IT
equipment, software and support |
• The lessor provides a bureau service for the Commission’s FMIS. • The initial contract of 5 years has been extended for 14 months. • Pricing is subject to review annually if the contract is extended. |
3 Other commitments comprise amounts committed for development and administrative activities.
The above schedules should be read in conjunction with the accompanying notes.