Part 4: Financial statements (continued)

Date

Schedule of administered commitments

Schedule of administered commitments
as at 30 June 2012
  2012
$'000
2011
$'000
BY TYPE    
Commitments payable    
Capital commitments    
Investments 103,293 147,193
Total capital commitments 103,293 147,193
     
Commitments receivable    
GST receivable (51) (72)
Total commitments receivable (51) (72)
Net commitments by type 103,242 147,121
     
BY MATURITY    
Commitments payable    
Capital commitments    
One year or less 18,064 36,798
From one to five years 85,229 110,395
Total capital commitments 103,293 147,193
     
Commitments receivable    
One year of less (51) (72)
Total commitments receivable (51) (72)
Net commitments by maturity 103,242 147,121

This schedule should be read in conjunction with the accompanying notes.
Notes:
a) All commitments are GST inclusive where relevant
b) In 2012 the Treasury received an exemption from the Finance Minister related to the commitments for grants payable to the States and Territories (for the current and comparative years). The budgeted information for payment of grants to States and Territories can be found in Budget Paper 3. Refer to Note 1.26 for more information.