Date
| 2014 $'000 |
2013 $'000 |
|
|---|---|---|
| BY TYPE | ||
| Commitments payable | ||
| Capital commitments | ||
| Investments1 | 41,964 | 137,414 |
| Total capital commitments | 41,964 | 137,414 |
| Net commitments by type | ||
| 41,964 | 137,414 | |
| BY MATURITY | ||
| Commitments payable | ||
| Capital commitments | ||
| Within 1 year | 31,728 | 63,509 |
| Between 1 to 5 years | 10,236 | 73,905 |
| Total capital commitments | 41,964 | 137,414 |
| Net commitments by maturity | ||
| 41,964 | 137,414 |
1. The nature of the capital commitments relate to the unpaid instalments of General Capital Increases in shares of the Asian Development Bank and the International Bank for Reconstruction and Development. The comparative has been updated to reflect the change in the currency used from US Dollars to Special Drawing Rights (SDR).
2. In 2012 the Treasury received an exemption from the Finance Minister relating to the commitments for grants payable to the states and territories (for current and comparative years). The budgeted information for payment of grants to the states and territories can be found in Budget Paper 3. Refer to Note 1.28 for more information.
This schedule should be read in conjunction with the accompanying notes.