NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2000 Note Consolidated Company 2000 1999 2000 1999 $ $ $ $ Fair value of net assets acquired Cash – 470,632 – – Trade debtors – 7,267,099 – – Inventories – 31,270 – – Prepayments – 281,035 – – Property, plant and equipment – 11,301,515 – – Investments – 2,647 – – Future income tax benefit – 68,504 – – Trade creditors – (1,428,995) – – Other creditors – (8,652,768) – – Borrowings – (4,289,707) – – Provisions – (1,230,194) – – Income tax payable – (1,376,427) – – – 2,444,611 – – (e) Financing Facilities Secured loan facilities with various  maturity dates through to 2001 and  which may be extended by  mutual agreement: • Amount used 6,500,000 6,500,000 – – • Amount unused – – – – 6,500,000 6,500,000 – – 20. EXPENDITURE COMMITMENTS (a) Hire Purchase Contracts Not later than 1 year 1,676,437 1,243,290 – – Later than 1 year but not  later than 2 years 1,421,664 1,057,181 – – Later than 2 years but not  later than 5 years 5,629,025 3,631,561 – – Minimum future payments 8,727,126 5,932,032 – – Future finance charges (1,323,229) (876,470) – – Hire purchase liability 7,403,897 5,055,562 – – Included in the accounts as: Hire purchase liability - current 1,185,305 899,399 – – Hire purchase liability - non current 6,218,592 4,156,163 – – 7,403,897 5,055,562 – – 50