Part 4: Financial statements (continued)

Date

Schedule of administered commitments

Schedule of administered commitments
as at 30 June 2013
  2013
$'000
2012
$'000
BY TYPE    
Commitments payable    
Capital commitments    
Investments1 116,408 103,293
Total capital commitments 116,408 103,293
     
Commitments receivable    
GST receivable (2) (51)
Total commitments receivable (2) (51)
Net commitments by type 116,406 103,242
     
BY MATURITY    
Commitments payable    
Capital commitments    
One year or less 53,006 18,064
From one to five years 63,402 85,229
Total capital commitments 116,408 103,293
     
Commitments receivable    
One year of less (2) (51)
Total commitments receivable (2) (51)
Net commitments by maturity 116,406 103,242

1. The nature of the capital commitments relate to the unpaid instalments of General Capital Increases in shares for the Asian Development Bank and the International Bank for Reconstruction and Development.
2. All commitments are GST inclusive where relevant
3. 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.
This schedule should be read in conjunction with the accompanying notes.