Broome Port Authority - Parliament of Western Australia

The present value of finance leases payable is as follows:
Within one year: 53 56
Later than one year but not later than five years 19 69
Later than 5 years - -
Present value of lease liabilities 72
125
In cluded in the financial statements as:
Current (note 18)
50 49
N on-current (note 18) 18 69
68
118
Finance leases payable are in respect of office accommodation, motor vehicles and
other plant
(iv) Non-cancellable operating lease commitments
Commitments for minimum lease payments are payable
as follows:
Within one year:
169 160
Later than one year but not later than five years
Later than 5 years
95
-
254
-
264
414
(v) Operating leases receivable
Future minimum rentals receivable for operating leases at
reporting date:
Within one year:
1,365 1,143
Later than one year but not later than five years 5,460 4,572
6,825 5,715
Many leases that extend beyond 5 years include an option to rene w and consequently,
rentals receivable beyond 5 years have not been provided.
Operating leases receivable are in respect
of property rentals.
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