MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 267 Financial Statements 33. COMMITMENTS (CONT'D.) (a) Capital commitments (cont'd.) Group Corporation 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Approved but not contracted for: Ships, offshore floating assets and other property, plant and equipment 661,820 369,233 432,855 359,475 Information and communication technology 27,756 1,792 24,221 1,721 689,576 371,025 457,076 361,196 (b) Non-cancellable operating lease commitments - Group and Corporation as lessee Group Corporation 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Future minimum rentals payable: Not later than 1 year 646,562 909,711 - - Later than 1 year and not later than 5 years 1,466,711 2,184,945 - - Later than 5 years 1,258,555 1,388,046 - - 3,371,828 4,482,702 - -