15. Income Tax (continued) 16. Commitments  The future benefit of future income tax assets has not been recorded in these consolidated financial statements to the extent  that the Company estimates that these assets, more likely than not, will not be realized.  17. Other Income (Expenses)  2011  2012  2013  2014  2015  Total  Operating leases  $ 40,338 $ 41,548  $ 30,053 $ 20,195  $ 2,883 $ 135,017  Mineral property fees  57,286  44,401  7,054  7,054  7,054  122,849  Purchase commitments  479,636  -  -  -  -  479,636  Consulting agreements  108,000  -  -  -  -  108,000  $ 685,260  $ 85,949  $ 37,107  $ 27,249  $ 9,937 $ 845,502  2010)  2009) Foreign currency exchange loss $ (176,990)  $ (291,666)  Changes in fair value of forward contracts  (15,434)  (61,245)  Interest income  29,675)  311,591)  Total  $ (162,749)  $ (41,320)  42 | P a g e Total  2014  19,300  2025  50,900  2026  180,600  2027  1,186,900  2028  861,300  2029  2,506,600  2030  2,152,700  $ 6,958,300  At June 30, 2010, the Company has non-capital losses available for carry-forward for tax purposes that are available to reduce  taxable income of future years in Canada of $6,958,300. The losses expire as follows:  MONUMENT MINING LIMITED Notes to Consolidated Financial Statements For the years ended June 30, 2010 and 2009