14. Commitments
a. Capital expenditure commitments
June | June | |
Property, plant and equipment | 805 | 864 |
b. Non-cancellable operating leases
June | June | |
Non-cancellable operating leases recognised under AASB 117 not provided for in the financial statements and payable: | ||
Within one year | - | 14,605 |
Later than one year but not later than five years | - | 39,213 |
Later than five years | - | 59,865 |
- | 113,683 | |
Non-cancellable future short term and low value leases not provided for in the financial statements and payable: | ||
Within one year | 302 | - |
Later than one year but not later than five years | 8 | - |
Later than five years | - | - |
310 | - |
c. Other commitments
The consolidated entity has commitments for expenditure in respect of contracts with subcontractors for the supply of constituent elements required under the consolidated entity's contracts with the Commonwealth of Australia. The final amount of these commitments is not quantifiable. The timing of the consolidated entity's commitments for this expenditure is matched by a corresponding receivable from the Commonwealth of Australia. These future receivables are expected to exceed the maximum value of the commitments for expenditure.
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https://www.transparency.gov.au/annual-reports/asc-pty-ltd/reporting-year/2019-20-29