Schedule of commitments
as at 30 June 2019
|
Notes |
30 June 2019 |
30 June 2018 |
|
|---|---|---|---|
|
BY TYPE |
|||
|
CAPITAL COMMITMENTS |
|||
|
Collective investment vehicles |
7.3 |
20,493,662 |
19,418,150 |
|
Corporate Credit (bank loans) |
- |
52 |
|
|
Total capital commitments |
20,493,662 |
19,418,202 |
|
|
OTHER COMMITMENTS |
|||
|
Operating leases1 |
12,237 |
14,413 |
|
|
Other commitments2 |
10,226 |
11,343 |
|
|
Total other commitments |
20,290 |
25,756 |
|
|
BY MATURITY |
|||
|
CAPITAL COMMITMENTS |
|||
|
One year or less |
20,493,662 |
19,418,202 |
|
|
Total capital commitments by maturity |
20,493,662 |
19,418,202 |
|
|
OTHER COMMITMENTS |
|||
|
Operating lease commitments |
|||
|
One year or less |
4,270 |
3,527 |
|
|
From two to five years |
7,967 |
10,886 |
|
|
Five years and above |
- |
- |
|
|
Total operating lease commitments by maturity |
12,237 |
14,413 |
|
|
Other commitments |
|||
|
One year or less |
8,184 |
9,124 |
|
|
From two to five years |
2,042 |
2,219 |
|
|
Total other commitments by maturity |
10,226 |
11,343 |
Note: Commitments are GST inclusive.
1 Operating lease commitments relate to rental commitments for the lease of property. Lease terms have on average 3 years remaining. The Fund has no option to purchase any leased items at the conclusion of the lease term.
2 Other commitments relate to contractual obligations for the provision of internal audit services, payroll services and Board and Agency consultancies.
The above schedule should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/future-fund-management-agency/reporting-year/2018-2019-57