Schedule of commitments as at 30 June 2015
  2015
$’000
2014
$’000
By Type
 
 
Commitments receivable
Sublease rental income (182) (347)
Net GST recoverable on commitments (1,675) (555)
Total commitments receivable (1,857) (902)
 
Commitments payable  
Operating leases 15,025 6,392
Other commitments 3,582 64
Total commitments payable 18,607 6,456
Net Commitments by Type 16,750 5,554
 
By Maturity  
Commitments receivable
Sublease rental income
One year or less (182) (244)
From one to five years (103)
Over five years
Total sublease rental income (182) (347)
 
Net GST recoverable on commitments  
One year or less (527) (316)
From one to five years (526) (231)
Over five years (622) (8)
Total net GST recoverable on commitments (1,675) (555)
 
Commitments payable  
Operating leases
One year or less 2,396 3,661
From one to five years 5,791 2,648
Over five years 6,838 83
Total operating leases 15,025 6,392
Other commitments  
One year or less 3,582 64
From one to five years
Over five years
Total other commitments 3,582 64
Net Commitments by Maturity 16,750 5,554

Note: Commitments are GST inclusive where relevant.

Major categories of commitments as at the reporting date are described below:

Leases for Office Accommodation

Lease payments are subject to increases in accordance with fixed amounts in the lease agreement or market rental reviews. The FWBII may exercise option clauses in accordance with the terms of the lease.

Motor Vehicles

A fleet of motor vehicles is leased which includes vehicles used by staff in performing their day to day activities. Motor vehicle leases are part of an operating lease and there are no purchase options available to the FWBII.

The above schedule should be read in conjunction with the accompanying notes.