Fraser & Neave Holdings Bhd Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 06 Financial Statements 205 NOTES TO THE FINANCIAL STATEMENTS 31. OPERATING LEASES LEASES AS LESSEE Non-cancellable and optional renewal rental payable as follows: Group 2019 RM’000 2018 RM’000 Less than one year 28,956 19,158 Between one and five years 13,470 14,525 More than five years 1,055 989 43,481 34,672 The Group leases premises and equipment under operating leases. The leases typically run for a period of one to five years, with an option to renew the lease after that date. None of the leases includes contingent rentals. The disclosure above includes the non-cancellable periods and optional renewal periods where the Group is reasonably certain to extend. LEASES AS LESSOR The Group leases out its investment properties (Note 4). The future minimum lease receivables under non-cancellable leases are as follows: Group 2019 RM’000 2018 RM’000 Less than one year 831 873 Between one and five years 148 379 979 1,252 32. CAPITAL AND OTHER COMMITMENTS CAPITAL EXPENDITURE COMMITMENTS Group 2019 RM’000 2018 RM’000 Property, plant and equipment Contracted but not provided for 206,831 149,617 Authorised but not contracted for 230,691 122,384 437,522 272,001