Notes to the Financial Statements
(Cont’d)
For the financial year ended 30 April 2016
(In Singapore Dollar)
ANNUAL REPORT 2016
DRIVING IT UP
| 95
32.
Commitments (cont’d)
(i)
Operating lease commitments – as lessee (cont’d)
As at financial year end, commitments for minimum rental payments under non-cancellable leases
with a term of more than one year are as follows:
Group
2016
2015
$’000
$’000
Within one year
4,517
5,154
Within two to five years
5,286
4,977
After five years
8,577
8,447
18,380
18,578
(ii)
Capital commitments
Group
2016
2015
$’000
$’000
Commitments in respect of contracts placed for the purchase
of property, plant and equipment
1,360
9,789
33.
Contingencies
Company
2016
2015
$’000
$’000
Corporate guarantees
Guarantees issued for bank facilities granted to subsidiary companies
107,322
127,545
The above corporate guarantees indicate amounts utilised by subsidiary companies as at the end of each
reporting period.
