Part 4: Financial Statements – HTML version

Notes to and forming part of the Financial Statements

Note 9: Interest Bearing Liabilities
	2004 $'000	2003 $'000
Note 9A: Leases
Finance lease commitments
Payable:
Within one year	1,580	1,177
In one to five years	1,152	1,285
Minimum lease payments	2,732	2,462
Deduct: future finance charges	(347)	(292)
*Net lease liability*	2,385	2,170
Lease liability is represented by:
Current	1,383	987
Non-current	1,002	1,183
*Net lease liability*	2,385	2,170

Note 9B: Other Interest Bearing Liabilities
Lease incentives	2,079	2,309
*Total other interest bearing liabilities*	2,079	2,309
Other interest bearing liabilities are represented by:
Current	331	617
Non-current	1,748	1,692
*Total other interest bearing liabilities*	2,079	2,309