SCHEDULE OF COMMITMENTS as at 30 June 2008
|
2008 $ |
2007 $ |
| BY TYPE |
| Commitments Receivable |
|
|
| GST recoverable on commitments |
(77,686) |
(86,940) |
| Total commitments receivable |
(77,686) |
(86,940) |
| Other commitments1 |
|
|
| Operating leases |
347,030 |
636,725 |
| Project commitments |
- |
171,798 |
| Research and development |
- |
- |
| Other commitments |
507,512 |
147,819 |
| Total other commitments |
854,542 |
956,342 |
| Net commitments by type |
776,856 |
869,402 |
| BY MATURITY |
| Commitments receivable |
|
|
| One year or less |
(56,510) |
(86,940) |
| From one to five years |
(21,176) |
- |
| Total commitments receivable |
(77,686) |
(86,940) |
| Commitments payable |
|
|
| Project commitments |
|
|
| One year or less |
- |
171,798 |
| Total project commitments |
- |
171,798 |
| Operating lease commitments |
|
|
| One year or less |
315,876 |
307,190 |
| From one to five years |
31,153 |
329,535 |
| Total operating lease commitments |
347,030 |
636,725 |
| Other commitments |
|
|
| One year or less |
305,735 |
147,819 |
| From one to five years |
201,777 |
- |
| Total other commitments |
507,512 |
147,819 |
| Net Commitments by Maturity |
776,856 |
869,402 |