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Notes to the financial statements
31 December 2014
Bursa Malaysia
•
Annual Report 2014
153
32. Operating lease arrangements (cont’d.)
(e) The Company as lessor of equipment
The Company has entered into an operating lease arrangement with its subsidiaries for the use of computer equipment. The equipment is leased between
three to seven years with no purchase option included in the contract.
The future aggregate minimum lease payments receivable under the operating leases contracted for as at the financial year end but not recognised as
receivables are as follows:
Company
2014
2013
RM’000
RM’000
Not later than one year
14,917
15,075
Later than one year and not later than five years
43,689
47,744
Later than five years
10,347
12,759
68,953
75,578
The lease rental for the current financial year is disclosed in Notes 3 and 34(a).
33. Commitments
(a) Capital commitments
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Approved and contracted for
Computers and office automation
4,077
4,200
3,771
4,200
Office equipment
16
19
16
19
Renovations
220
96
220
96
4,313
4,315
4,007
4,315
Approved but not contracted for
Computers and office automation
2,626
7,838
2,626
7,838
(b) Other commitments
In the previous financial year, a Standby Credit Facility of RM60,000,000 was provided by the Company to Bursa Malaysia Securities Clearing in respect of
the CGF (Note 23(i)).