2022 Annual Report

UNITY BANK LIMITED 2022 Financial Report

ABN 11 087 650 315

UNITY BANK LIMITED 2022 Financial Report

ABN 11 087 650 315

Expenditure commitments

2022 $'000

2021 $'000

(d) Computer capital commitments The costs committed under contract with Ultradata are as follows: Not later than one year

1,537 1,537 4,612

1,980 1,980 5,241

Later than 1 year but not 2 years Later than 2 years but not 5 years

Later than 5 years

829

320

8,516

9,521

(e) Other expense commitments Not later than one year Later than 1 year but not 2 years Later than 2 years but not 5 years

1,003 1,587

1,003 1,003 1,754

- -

Later than 5 years

-

2,590

3,760

(f) Future capital commitments The Bank has entered into contracts for the purchase of assets for which the amounts are to be paid over the following periods: Not later than one year

3,109

307

Later than 1 year but not 2 years Later than 2 years but not 5 years

- - -

- - -

Later than 5 years

3,109

307

36. STANDBY BORROWING FACILITIES The Bank has a borrowing facility with Credit Union Services Corporation (Australia) Limited (CUSCAL) of:

2022

Gross

Current Net Borrowing Available

$'000

$'000

$'000

Loan Facility Overdraft Facility

-

- - -

-

10,000 10,000

10,000 10,000

Total Standby Borrowing Facilities

2021

Gross

Current Net Borrowing Available

$'000

$'000

$'000

Loan Facility Overdraft Facility

-

- - -

-

10,000 10,000

10,000 10,000

Total Standby Borrowing Facilities

Withdrawal of the loan facility is subject to the availability of funds at CUSCAL.

66

73

Made with FlippingBook Annual report maker