ARCHIVED - Financial Statements For the year ended March 31, 2011
Notes to the Financial Statements (unaudited)
9. Contractual obligations
The nature of the Agency's activity results in multi-year contracts and obligations whereby the Agency will be committed to make some future payments when the services/goods are received. Significant contractual obligations that can be reasonably estimated are as follows:
2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 and thereafter | Total | |
---|---|---|---|---|---|---|
Transfer payments | 0 | 0 | 0 | 12,600,000 | 0 | $ 12,600,000 |
Operating contracts | 11,800,000 | 12,500,000 | 12,600,000 | 45,900,000 | 58,800,000 | 141,600,000 |
Contractual obligations | $ 11,800,000 | 12,500,000 | 12,600,000 | 58,500,000 | $ 58,800,000 | $ 154,200,000 |
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