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185
Maxis Berhad
Annual Report 2014
Notes to the
Financial Statements
31 December 2014
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
2014
RM’000
2013
RM’000
Contracted for
162,608
131,863
Not contracted for
957,622
953,405
1,120,230
1,085,268
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 2 to 10 years (2013: 1 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 RM26,238,000 (2013:
RM40,420,000) has been recognised as disclosed in Note 28 to the financial statements:
Group
2014
RM’000
2013
RM’000
Not later than one year
201,012
210,160
Later than one year but not later than five years
487,450
503,013
Later than five years
106,382
142,248
794,844
855,421
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.
