42 for the year ended 30 June 2024 All figures are in A$000's 2024 2023 2024 2023 Lease commitments Minimum Payments Minimum Payments Present Value of Payments Present Value of Payments The future minimum lease payments under leases are as follows: - less than one year 24 104 22 100 - more than one year but less than five years - 24 - 22 Total minimum lease payments 24 128 22 122 Less amounts representing finance charges (3) (18) (3) (17) Present value of minimum lease payments 21 110 19 105 Lease liabilites Maturity analysis - contractual undiscounted cash flows - less than one year 15,487 13,573 - more than one year but less than five years 25,189 18,759 - more than five years 6,097 1,974 Total undiscounted lease liabilities 46,773 34,306 Less: future finance charges (7,048) (3,663) Present value of minimum lease payments 39,725 30,643 Current 13,122 11,897 Non-current 26,603 18,746 As at 30 June 2024, the Group had commitments of $0.7million (2023: $2.7million) in respect of capital equipment which will be financed from existing cash or borrowing facilities. Consolidated 18. Lease Liabilities Notes to the annual financial statements (continued)
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