Consolidated Parent  entity  entity 2004 2004 $’000 $’000 Capital Commitments Commitments for the acquisition of plant and equipment contracted for at the reporting date but not recognised as liabilities payable:  Within one year  786  0  Later than one year but not later than five years  0  Later than five years  0 Total capital commitments  786  0 Lease commitments Commitments in relation to operating lease payments under non-cancellable operating leases are payable as follows:  Within one year  25,280  0  Later than one year but not later than five years  80,181  Later than five years  53,141  0 Total lease commitments  158,602  0 Future minimum lease payments expected to be received in relation to non-cancellable sub-leases of operating leases  4,668  0  Employee benefits and related on-costs liabilities Included in other creditors – current (refer Note 17)  761  0  Provision for employee benefits – current (refer Note 19)  3,643  Provision for employee benefits – non-current (refer Note 22)  797  0 Total employee benefit and related on-costs liabilities  5,201  0 Consolidated Parent  entity  entity 2004 2004 Number Number Employee numbers Number of employees at reporting date  2,964  0 Long service leave  Amounts provided for long service leave, as stated in Note 1(n), that are expected to be settled more than twelve months after the reporting date,  are measured at the present value of the expected settlement amount. The following  assumptions have been adopted in measuring the present values:  Weighted average rates of increase in annual employee benefits until the settlement of the liabilities  2.0%  -  Weighted average discount rates  5.6%  - COMMITMENTS FOR EXPENDITURE 29 EMPLOYEE BENEFITS 30 Notes to and forming part of the Consolidated Financial Statements For the period from incorporation to 26 June 2004 73  SUPER CHEAP AUTO GROUP LIMITED ANNUAL REPORT 2004