Notes to the Group financial statements | Note 33
for the year ended 31 December 2010 |
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December
2010
Rm
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December
2009
Rm |
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| 33. |
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OPERATING LEASE COMMITMENTS |
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The future aggregate minimum lease payments under non-cancellable |
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operating leases are as follows |
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Not later than one year |
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164 |
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203 |
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Later than one year and no later than five years |
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184 |
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428 |
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Later than five years |
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1 |
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201 |
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349 |
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832 |
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The future aggregate minimum lease payments under cancellable operating leases are as follows |
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Not later than one year |
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479 |
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397 |
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Later than one year and no later than five years |
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1 435 |
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1 105 |
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Later than five years |
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959 |
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480 |
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2 873 |
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1 982 |
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The Group leases various premises/sites under non-cancellable/cancellable operating lease agreements. The leases have varying terms, escalation
clauses and renewal rights. Penalties are chargeable on certain leases should it be cancelled before the end of the agreement. |
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