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Statement of commitments as at 30 June 2013

Non-cancellable operating lease commitments

The Ministry leases property, plant and equipment in the normal course of its business, with the main commitment relating to the premises.

Up until 31 March 2012 the Ministry occupied Radio New Zealand House. From 1 April 2012 the Ministry occupies ASB House. The lease term expires on 30 September 2014.

The Going Digital project team occupies part of Level 2 at 85 The Terrace. The lease term expires on 31 December 2013.

The Going Digital project team leases two vehicles.

 

Actual

  2012
$000

 

Actual
2013
$000

 

Non-cancellable operating lease commitments

 

419

Not later than one year

381

381

Later than one year and not later than five years

88

88

Later than five years

888

Total non-cancellable operating lease commitments

469

Ministry has no capital commitments (2012: Nil).

The accompanying notes form part of these financial statements.


Updated on 23rd July 2015