Schedule of commitments as at 30 June 2013
  2013
$'000
2012
$’000
By type  
Commitments receivable  
Commitments receivable1 (77 298) (75 765)
Net GST recoverable on commitments (1 619) (5)
Total commitments receivable (78 917) (75 770)
Commitments payable  
Capital commitments  
Property 2 050
Plant and Equipment 20
Total capital commitments 2 070
Other commitments  
Operating leases2 70 883 56 434
Other3 24 221 17 310
Total other commitments 95 104 73 744
Net commitments by type 16 187 44
By maturity  
Commitments receivable  
Other commitments receivable  
One year or less (19 196) (17 106)
From one to five years (57 337) (56 879)
Over five years (2 384) (1 785)
Total other commitments receivable (78 917) (75 770)
Total commitments receivable (78 917) (75 770)
Commitments payable  
Capital commitments  
One year or less 2 070
From one to five years
Over five years
Total capital commitments 2 070
Operating lease commitments  
One year or less 13 174 10 645
From one to five years 31 489 26 153
Over five years 26 220 19 636
Total operating lease commitments 70 883 56 434
Other Commitments  
One year or less 20 523 14 061
From one to five years 3 698 3 249
Over five years
Total other commitments 24 221 17 310
Total commitments payable 95 104 75 814
Net commitments by maturity 16 187 44

Note: Commitments are GST inclusive where relevant.

  1. Commitments receivable by the AEC relates largely to arrangements with each state and territory for the sharing of certain costs associated with the maintenance of the joint Commonwealth, State and Territory electoral rolls (2013: $70.9m; 2012: $69.9m)
  2. Operating leases include leases for office accommodation and storage that are effectively non-cancellable. The lease payments can be varied periodically to take account of an annual Consumer Price Index increase, a fixed increase or a market increase.
  3. Other commitments include Information Technology (IT) contractors and service agreements with IT and communication providers (2013: $10.3m; 2012: $10.0m).

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

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