Appendices

The appendices to the annual report provide detailed information tables on staffing and other matters relevant to the Commission’s business

Appendix B: Financial statements

Note 8. Interest bearing liabilities

AUSTRALIAN PUBLIC SERVICE COMMISSION NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS for the year ended 30 June 2008
  2008 $´000 2007 $´000
8a Leases
Finance leases 345 386
Payable:
  • Within one year
    • Minimum lease payments
 366 217
    • Deduct: future finance charges
 (21) (16)
  • In one to five years
    • Minimum lease payments
 - 195
    • Deduct: future finance charges
 - (10)
  - 185
Finance lease recognised on the balance sheet 345 386
A finance lease exists in relation to the majority of information technology equipment in the Commission. The lease is non-cancellable and was for an initial fixed term of 5 years which has been extended for a further 4 years. The Commission guarantees the residual values of all assets leased. There are no contingent rentals.
8b Lease incentives
Current 197 126
Non-current 1,766 1,295
Total lease incentives 1,963 1,421

Previous Next

Notes

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Appendices

A B C D E F G H