Statement of commitments

Annual report 2017/18.

as at 30 June 2018

This statement records expenditure to which the Office is contractually committed at 30 June 2018.

Non-cancellable operating lease commitments

The Office may lease property, plant, and equipment in the normal course of its business. The majority of these leases are for premises and photocopiers, which have a non-cancellable leasing period ranging from three to nine years.

The Office's non-cancellable operating leases have varying terms, escalation clauses, and renewal rights. There are no restrictions placed on the Office by any of its leasing arrangements.

The future aggregate minimum lease payments to be paid under non-cancellable operating leases are as follows:

Non-cancellable operating lease commitments    
Not later than one year 2,567 2,750
Later than one year and not later than five years 4,077 6,426
Later than five years 39 -
Total non-cancellable operating lease commitments 6,683 9,176
Capital commitments    
Contractual - -
Total capital commitments - -
Total commitments 6,683 9,176