Maxis Berhad | Annual Report 2013

165 OVERVIEW OUR BUSINESS STRATEGIC REVIEW CORPORATE GOVERNANCE FINANCIAL STATEMENTS Maxis Berhad Annual Report 2013 OTHER INFORMATION 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 1 to 15 years (2012: 2 to 15 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 RM40,420,000 has been recognised as disclosed in Note 28 to the financial statements: GROUP 2013 2012 RM’000 RM’000 Not later than one year 210,160 147,576 Later than one year but not later than five years 503,013 374,186 Later than five years 142,248 66,091 855,421 587,853 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. 36 RELATED PARTIES In addition to related party disclosures mentioned elsewhere in the financial statements, set out below are other significant transactions, balances and commitments. The related party transactions described below were carried out on agreed terms with the related parties. None of these balances are secured. TOTAL BALANCE OUTSTANDING, TRANSACTION VALUE BALANCE OUTSTANDING COMMITMENTS INCLUDING COMMITMENTS GROUP 2013 2012 2013 2012 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Sales of goods and services to: - MEASAT Broadcast Network Systems Sdn. Bhd. (1) (VSAT, telephony, bandwidth and broadband services) 50,821 38,134 9,972 503 – – 9,972 503 - Saudi Telecom Company (“STC”) (2) (roaming and international calls) 19,319 11,135 8,673 4,517 – – 8,673 4,517 - Aircel Limited Group (3) (interconnect, roaming and international calls) 4,107 6,372 – 1,670 – – – 1,670

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