Notes to the Financial Statementsfor the year ended 30 June 2006

25. Commitments

  1. Lease commitments

    Commitments in relation to leases contracted for at the reporting date but not recognised in the financial statements are payable as follows:

     
    2006
    $'000
    2005
    $'000
     
    Within one year
    257
    355
    Later than one year and not later than five years
    71
    348
     
    328
    703

    Representing:

    Cancellable operating leases
    144
    53
    Non-cancellable operating leases
    184
    650
     
    328
    703

  2. Non-cancellable operating lease commitments

    Commitments for minimum lease payments are payable as follows:

    Within one year
    184
    325
    Later than one year and not later than five years
    –
    325
     
    184
    650