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Statement of commitments

Statement of commitments

as at 30 June 2014

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 has occupied ASB House from 1 April 2012, with the lease term expiring on 30 September 2014.

 

 

 

Actual

2013

$000

Actual

  2014

$000

Non-cancellable operating lease commitments

 

 

Not later than one year

381

88

Later than one year and not later than five years

88

Later than five years

 

Total non-cancellable operating lease commitments

469

88

 

Capital commitments

The Ministry has no capital commitments (2013: nil).

 

The accompanying notes form part of these financial statements.


Updated on 23rd July 2015