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135

FIMA CORPORATION BERHAD

(21185-P) |

Annual Report

2016

NOTES TO THE FINANCIAL

STATEMENTS 31 MARCH 2016

(contd.)

29. FINANCE LEASE OBLIGATIONS

Group

2016

2015

RM’000

RM’000

Mininum lease payments:

- Not later than 1 year

726

502

- Later than 1 year but not later than 5 years

3,697

1,182

- Later than 5 years

84,671

30,083

Total minimum lease payments

89,094

31,767

Less: Amounts representing finance charges

(71,649)

(26,182)

Present value of minimum lease payments

17,445

5,585

Present value of finance lease payables:

- Not later than 1 year

646

491

- Later than 1 year but not later than 5 years

2,257

953

- Later than 5 years

14,542

4,141

Present value of minimum lease payments

17,445

5,585

Less: Amount due within 12 months

(646)

(491)

Amount due after 12 months

16,799

5,094