by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Whitehaven Coal Limited : Annual Report 2012
Whitehaven Coal Limited -- Annual Report 2012 119 NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2012 27. OPERATING LEASES Consolidated entity as lessee The consolidated entity leases mining equipment, office equipment and office space under operating leases. The leases typically run for one to five years with an option to renew on the mining equipment and office space. None of the leases includes contingent rentals. Future minimum rentals payable under non-cancellable operating leases as at 30 June 2012 are as follows: Consolidated In thousands of AUD 2012 2011 Less than one year 5,541 3,727 Between one and five years 3,285 988 More than five years 79 -- 8,905 4,715 Leases as lessor The consolidated entity leases out land it will use for future mining operations under operating leases. At 30 June 2012 $53,060,000 (2011: $32,612,000) of land was leased under these operating leases. 28. CAPITAL EXPENDITURE COMMITMENTS Consolidated In thousands of AUD 2012 2011 Plant and equipment and intangibles Contracted but not provided for and payable: Within one year 33,541 55,866 One year or later and no later than five years 178,395 -- 211,936 55,866 29. EXPLORATION EXPENDITURE COMMITMENTS In order to maintain current rights of tenure to exploration tenements, the consolidated entity is required to perform minimum exploration work to meet the minimum expenditure requirements specified by various State governments. These obligations are subject to renegotiation when application for a mining lease is made and at other times. These obligations are not provided for in the financial report and are payable: Consolidated In thousands of AUD 2012 2011 Within one year 9,609 -- One year or later and no later than five years 5,275 6,495 14,884 6,495
Annual Report 2011
Annual Report 2013