Defence Materiel Organisation
SCHEDULE OF COMMITMENTS
as at 30 June 2008

  2008
$'000
2007
$'000
BY TYPE
 
Project commitments
Land and buildings 1 206,322 263,883
Property, plant and equipment 2 22,465 30,711
Specialist military equipment 3 15,717,745 10,501,694
Other project commitments 4 791,007 1,006,927
Total project commitments 16,737,539 11,803,215
 
Other commitments
Operating leases 5 1,882 1,612
Research and development 6 1,364 3,472
Other non-capital commitments 7 4,893,472 5,649,153
Total other commitments 4,896,718 5,654,237
 
Commitments receivable 8 (21,564,918) (17,276,091)
Net commitments by type 69,339 181,361
 
BY MATURITY
 
Project commitments
One year or less 1,163,424 3,034,426
From one to five years 12,317,683 7,622,105
Over five years 3,256,432 1,146,684
Total project commitments 16,737,539 11,803,215
 
Operating lease commitments
One year or less 882 1,092
From one to five years 1,000 520
Over five years - -
Total operating lease commitments 1,882 1,612
 
Other non-capital commitments
One year or less 1,250,294 1,630,990
From one to five years 2,704,316 2,580,703
Over five years 940,226 1,440,932
Total other non-capital commitments 4,894,836 5,652,625
 
Commitments receivable (21,564,918) (17,276,091)
Net commitments by maturity 69,339 181,361

NB: Commitments are GST inclusive where relevant

  1. Outstanding contractual payments for buildings under construction on behalf of Defence under Materiel Acquisition Agreements.
  2. Outstanding contractual payments for Property, Plant and Equipment purchases on behalf of Defence under Materiel Acquisition Agreements (P,P&E under construction) and Materiel Sustainment Agreements. Also includes outstanding contractual payments for DMO Property, Plant and Equipment.
  3. Outstanding contractual payments for Specialist Military Equipment (SME) purchases on behalf of Defence under Materiel Acquisition Agreements (SME under construction) and Materiel Sustainment Agreements.
  4. Outstanding contractual payments for Intangibles purchases and project maintenance on behalf of Defence under Materiel Acquisition Agreements and Materiel Sustainment Agreements. Also includes outstanding contractual payments for DMO Intangibles.
  5. Leases for motor vehicles to senior executive officers, pool vehicles, data lines and overseas property. Operating leases included are effectively non-cancellable.
  6. Outstanding commitments on research and development projects undertaken on behalf of Defence.
  7. Outstanding commitments on Material Sustainment Agreement activity expenditure incurred on behalf of Defence. Also includes outstanding commitments on activities covered by DMO's direct appropriation.
  8. Commitments receivable includes the GST receivable on the gross commitments payable and the revenue due to DMO for activities undertaken on behalf of Defence that give rise to commitments payable.

The above schedule should be read in conjunction with the accompanying notes.