Department of Foreign Affairs and Trade
Schedule of Administered Commitments
for the period ended 30 June 2015

2015 2014
Within 1 year Between 1 to 5 years More than 5 years Total Within 1 year Between 1 to 5 years More than 5 years Total
  $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Commitments receivable
    Net GST recoverable on commitments (202,449) (132,449) (195) (335,093) (236,598) (168,423) (120) (405,141)
Total commitments receivable (202,449) (132,449) (195) (335,093)   (236,598) (168,423) (120) (405,141)
Commitments payable
    Other commitments
        Operating leases1 7,920 37 – 7,957 4,496 369 – 4,865
        Development cooperation program2 2,072,794 1,365,440 1,990 3,440,224 2,444,956 1,692,883 5,044 4,142,883
        Other3 18,647 9,324 – 27,971 12,170 32,467 – 44,637
    Total other commitments 2,099,361 1,374,801 1,990 3,476,152   2,461,622 1,725,719 5,044 4,192,385
Total commitments payable 2,099,361 1,374,801 1,990 3,476,152   2,461,622 1,725,719 5,044 4,192,385
 
Net commitments payable 1,896,912 1,242,352 1,795 3,141,059   2,225,024 1,557,296 4,924 3,787,244
Note: Commitments are GST inclusive where relevant.

  1. Operating leases included are effectively non-cancellable and comprise property leases for residential properties at overseas posts. The terms and conditions of the leases overseas are negotiated at post and vary based on local market conditions.
  2. The development cooperation program includes bilateral aid programs, concessional loans, scholarships and awards.
  3. Other commitments payable includes the Efic debt for health swap with the Indonesian government.

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