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.