Statement of commitments

Annual report 2019/20.

as at 30 June 2020

This statement records expenditure to which the Office is contractually committed at 30 June 2020.

Non-cancellable operating lease commitments

The Office may lease property, plant, and equipment in the normal course of its business. These leases are for premises, which have a non-cancellable leasing period ranging from less than a year to four 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:

Actual
2019/20
$000
Actual
2018/19
$000
Non-cancellable operating lease commitments
Not later than one year 2,750 2,439
Later than one year and not later than five years 2,364 3,991
Later than five years - -
Total non-cancellable operating lease commitments 5,114 6,430
Capital commitments
Contractual - -
Total capital commitments - -
Total commitments 5,114 6,430