Full Version - Essential Energy

Notes to the Financial Statements
for the year ended 30 June 2005
NOTE 23. COMMITMENTS
a. Capital expenditure commitments
Estimated capital expenditure contracted for at
balance date but not provided for
Consolidated
Corporation
2005 2004 2005 2004
$’000 $’000 $’000 $’000
- not later than one year 21,924 29,812 21,924 29,812
- later than one year and not later than five years 11,571 7,262 11,571 7,262
- later than five years 539 - 539 -
34,034 37,074 34,034 37,074
Capital expenditure commitments include
input tax credits 3,094 3,370 3,094 3,370
90
b. Operating expenditure commitments
excluding leases
Estimated operating expenditure contracted for at
balance date but not provided for
- payable not later than one year 27,118 42,934 26,821 42,692
- later than one year and not later than five years 33,698 24,642 32,279 24,620
- later than five years 9,948 8,861 7,748 8,578
70,764 76,437 66,848 75,890
Operating expenditure commitments include
input tax credits 6,433 6,949 6,077 6,899
c. Operating lease (equipment) expenditure commitments
(refer note 1(i) )
- not later than one year 1,493 3,082 1,493 3,082
- later than one year and not later than five years 1,042 1,419 1,042 1,419
2,535 4,501 2,535 4,501
Equipment Lease expenditure commitments include
input tax credits 230 409 230 409
d. Operating lease (property) expenditure commitments
(refer notes 1(i) )
- not later than one year 5,120 4,552 5,120 4,552
- later than one year and not later than five years 13,147 15,155 13,147 15,155
- later than five years 194 1,795 194 1,795
18,461 21,502 18,461 21,502
Property Lease expenditure commitments include
input tax credits 1,678 1,955 1,678 1,955
e. Operating lease (property) revenue commitments
(refer note 1(i) )
- not later than one year 960 984 960 984
- later than one year and not later than five years 2,304 2,642 2,304 2,642
- later than five years 32 75 32 75
3,296 3,701 3,296 3,701
COUNTRY ENERGY ANNUAL REPORT 2004–2005