Maxis Berhad
Annual Report 2015
page
172
Notes to the Financial Statements
31 December 2015
34 CAPITAL COMMITMENTS
Capital expenditure for property, plant and equipment approved by the Directors and not provided for in the financial statements as at reporting
date, are as follows:
Group
2015
RM’000
2014
RM’000
Contracted for
256,981
162,608
Not contracted for
1,190,019
957,622
1,447,000
1,120,230
35 OPERATING LEASE COMMITMENTS
Generally, the Group leases certain network infrastructure, content rights, offices and customer service centres under operating leases.
The leases run for a period of 3 to 15 years (2014: 2 to 10 years). Certain operating leases contain renewal options with market review clauses.
The Group does not have the option to purchase the leased assets at the expiry of the lease period.
The future minimum lease payments under non-cancellable operating leases are as follows, of which RM20,138,000 (2014: RM26,238,000) has
been recognised as disclosed in Note 28 to the financial statements:
Group
2015
RM’000
2014
RM’000
Not later than one year
222,903
201,012
Later than one year but not later than five years
660,351
487,450
Later than five years
185,538
106,382
1,068,792
794,844
Included in the future minimum lease payments are lease commitments for network infrastructure which are based on the number of co-sharing
parties for each individual site as at the reporting date.
