125
ANNUAL REPORT 2014/2015
33 OPERATING LEASES
The Group leases out its investment property under operating leases. The leases have an option to renew
after expiration. Lease payments are reviewed every year to reflect market rentals and changes in the local
price index. None of the leases contain contingent rent arrangements. The future minimum lease payments
receivable under non-cancellable operating leases are as follows:
THE GROUP
2015
$’000
2014
$’000
Within one year
11,908
12,619
Between one and five years
53,784
57,027
More than five years
603
16,732
66,295
86,378
34 CAPITAL EXPENDITURE COMMITMENTS
THE GROUP
2015
$’000
2014
$’000
Estimated amounts committed for plant and equipment but not provided
for in the balance sheets
3,041
931
NOTES TO THE FINANCIAL STATEMENTS
