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ASX Additional Information

THE GROUP PARENT ENTITY

2008
$’000
2007
$’000
2008
$’000
2007
$’000
NOTE 31 — CONTINGENT ASSETS AND
LIABILITIES CONTINUED
Controlled entities
The Parent Entity has guaranteed the obligations of some controlled
entities in respect of a number of lease commitments.
The operating lease commitments not included in the Parent Entity’s
financial statements are due:
Not later than one year
Later than one year but not later than five years
Later than five years
—
—
—
—
—
—
60,993
93,911
104,621
54,271
103,192
120,650
— — 259,525 278,113
The Parent Entity has guaranteed the Group’s share of other commitments
in respect of financing and other arrangements of certain controlled entities: — — 7,782 6,894
Finance lease commitments guaranteed by the Parent Entity — — 3,931 5,829
Certain controlled entities hold interests in partnerships (refer Note 36),
and as such are jointly and severally liable for 100% of all liabilities incurred
by those partnerships. The total assets of the partnerships are sufficient to
meet such liabilities. The partnerships’ liabilities not included in the Group’s
financial statements, amounted to: 35,700 29,555 — —
In addition, the Parent Entity or a controlled entity has guaranteed the
obligations of entities within the Group in respect of the lease commitments
of certain partnerships. The partnerships’ operating lease commitments,
not included in the Group’s financial statements, guaranteed by the Parent
Entity or a controlled entity are due:
Not later than one year
Later than one year but not later than five years
Later than five years
47,477
186,739
248,889
47,700
183,898
283,660
14,942
60,278
86,068
15,252
58,868
95,761
483,105 515,258 161,288 169,881
Associates
The Parent Entity or a controlled entity has guaranteed the Group’s share
of obligations made by certain associates (refer Note 35) in respect of
operating lease commitments: 56,522 55,195 56,522 55,195
Total contingent liabilities 575,327 600,008 489,048 515,912