Skip to main content

Statement of Commitments as at 30 June 2009

Statement of Commitments as at 30 June 2009

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. The Ministry occupies Level Five (1,223.3sqm), part of Level One (424sqm) and part of the Ground Floor (158sqm) in Radio New Zealand (RNZ) House.

Other non-cancellable commitments

The Ministry has entered into non-cancellable contracts for computer maintenance, cleaning services, consulting services and other contracts for service.

 

2008/09

 

2007/08

 

 

Actual

 

Actual

 

 

$000

 

$000

 

Non-cancellable operating lease commitments:

 

 

 

Less than one year

 

457

 

457

 

One to two years

 

457

 

457

 

Two to five years

 

343

 

800

 

More than five years

 

 

 

Total non-cancellable operating lease commitments

 

1,257

 

1,714

 

 

 

 

Other non-cancellable commitments:

 

 

 

Less than one year

 

304

 

 

One to two years

 

 

 

Two to five years

 

141

 

 

More than five years

 

 

 

Total non-cancellable operating lease commitments

 

445

 

 

Total non-cancellable commitments

 

1,702

 

1,714

 

 

The total cost incurred in rental and leasing costs in 2008/09 is $472,000. This figure includes the cost of renting two additional car parks under non-cancellable operating lease agreements. The space allocation per person on Ministry office space at balance date is approximately 18 square meters.

 

This statement is to be read in conjunction with the accompanying Statement of Accounting Policies and Notes to the Financial Statements.


Updated on 23rd July 2015