Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally



Schedules of commitments

as at 30 June 2011

  2011 2010
  $'000 $'000
BY TYPE    
Commitments receivable    
Sublease rental income (123,005) (148,988)
Net GST recoverable on commitments1 (23,565) (44,541)
Total commitments receivable (146,570) (193,529)
     
Commitments payable    
Capital commitments    
Infrastructure, plant and equipment 47,489 49,359
Total capital commitments 47,489 49,359
     
Other commitments    
Operating leases2 382,304 321,511
Other3 249,084 280,810
Total other commitments 631,388 602,321
Net commitments by type 532,307 458,151
     
BY MATURITY    
Commitments receivable    
Operating lease income    
One year or less (26,878) (41,161)
From one to five years (62,100) (77,602)
Over five years (34,027) (30,225)
Total operating lease income (123,005) (148,988)
     
Other commitments receivable    
One year or less (11,438) (33,207)
From one to five years (11,877) (10,990)
Over five years (250) (344)
Total other commitments receivable (23,565) (44,541)
     
Commitments payable    
Capital commitments    
One year or less 30,576 29,297
From one to five years 16,914 20,003
Over five years - 59
Total capital commitments 47,490 49,359
     
Operating lease commitments    
One year or less 118,985 120,702
From one to five years 179,514 168,160
Over five years 83,805 32,649
Total operating lease commitments 382,304 321,511
     
Other Commitments    
One year or less 121,938 165,181
From one to five years 125,628 114,038
Over five years 1,517 1,591
Total other commitments 249,083 280,810
Net commitments by maturity 532,307 458,151

The above statement should be read in conjunction with the accompanying notes.

Note:

1 Commitments are GST inclusive where relevant.

2 Operating leases included are effectively non-cancellable and comprise:

Property leases for residential, compound and chancery properties at overseas posts and office property in Canberra and all state offices in Australia

The leased estate consists of properties leased by the Department from private landlords. The terms and conditions of these leases overseas are negotiated at post and vary based on local market conditions.

Agreements for the provision of motor vehicles to senior executive officers

No contingent rentals exist. There are no renewal or purchase options available to the Department.

Leases for computer equipment

The lessor typically provides all computer equipment and software as necessary in the supply contract for 3 years, with instalments paid quarterly.

Leases for office equipment

All overseas lease terms and conditions are negotiated at posts and vary based on local market conditions.

3 Includes passport, property and maintenance, IT services and security services contracts.

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