37 Commitments

(a) Capital expenditure commitments, being contracted capital expenditure additional to the amounts reported in the financial statements, are payable as follows:

2007

2006

$000

$000

Within one year

115,102

274,977

Later than one year and not later than five years

273,300

156,823

Later than five years

7,164

9,650

 

395,566

441,450

 

 

 

The capital commitments include amounts for:

 

 

Railway Infrastructure

30,499

269,490

Bus Infrastructure

13,945

14,790

Railcars

138,709

6,670

Plant, equipment and motor vehicles

19,254

13,000

Buses

193,159

137,500

 

395,566

441,450

b) (i) Finance lease commitments:

2007

2006

$000

$000

Minimum lease payment commitments in relation to finance leases are payable as follows:

Within one year

0

2,904

Later than one year and not later than five years

0

0

Minimum finance lease payments

0

2,904

Less future finance charges

0

              (5)

Present value of finance lease liabilities

0

2,899

 

 

 

The present value of finance leases payable is as follows:

 

 

Within one year

0

2,899

Later than one year and not later than five years

0

0

 

0

2,899

b) (ii) Non-cancellable operating lease commitments:

2007

2006

$000

$000

Commitments for minimum lease payments are payable as follows:

Within one year

793

924

Later than one year and not later than five years

356

184

 

1,149

1,108

c) Other expenditure commitments contracted for at the reporting date but not recognised as liabilities, are payable as follows:

2007

2006

$000

$000

Within one year

308,547

274,128

Later than one year and not later than five years

882,383

877,355

Later than five years

871,528

984,675

 

2,062,458

2,136,158

The other expenditure commitments include amounts for:

2007

2006

$000

$000

Land and building maintenance

22,637

14,112

Transperth train operations

232,668

211,198

Railway infrastructure

4,800

14,141

Railcars and road coaches

3,321

7,216

Buses and support services

624,803

646,566

School bus services

1,173,096

1,236,748

Miscellaneous

1,133

6,177

 

2,062,458

2,136,158

The commitments are all inclusive of GST.