Qantas 2012 Annual Report Download - page 115

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FOR THE YEAR ENDED 30 JUNE 2012
Notes to the Financial Statements continued
Qantas Group
2012
$M
2011
$M
AS LESSOR
Operating lease receivables not recognised in the Consolidated Financial Statements
Receivable:
Not later than one year  
Later than one year but not later than five years  
Later than five years  
Total operating lease receivables not recognised in the Consolidated Financial Statements  
Qantas leases out freighter aircraft under long-term operating leases with rentals received monthly.
C CAPITAL EXPENDITURE COMMITMENTS
Capital expenditure commitments contracted but not provided for in the Consolidated
Financial Statements, payable, in relation to:
Assets to be operated by the Qantas Group:
Not later than one year , ,
Later than one year but not later than five years , ,
Later than five years , ,
Total capital expenditure commitments not recognised in the Consolidated Financial Statements , ,
Qantas provides aircraft sourcing for some of its associates and jointly controlled entities. Capital expenditure commitments have
reduced since 31 December 2011 driven in part by the transfer of 24 Airbus A320 aircraft to Jetstar Japan.
In addition, Qantas has a number of cancellation and deferral rights within its aircraft purchase contracts which can reduce or defer
capital expenditure. The Group also has further opportunities to place ordered aircraft with its associates and jointly controlled entities.
28. Commitments continued
113