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年報 - HKExnews

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NOTES TO THE FINANCIAL STATEMENTS<br />

<br />

31 March 2010 <br />

34. OPERATING LEASE ARRANGEMENTS<br />

(a) As lessor<br />

The Group leases its investment properties (note 14)<br />

under operating lease arrangements, with leases<br />

negotiated for terms ranging from one to thirteen<br />

years. The terms of the leases generally also require<br />

the tenants to pay security deposits and provide<br />

for periodic rent adjustments according to the then<br />

prevailing market conditions.<br />

At the end of the reporting period, the Group had<br />

total future minimum lease receivables under noncancellable<br />

operating leases with its tenants falling<br />

due as follows:<br />

Group<br />

<br />

2010 2009<br />

<br />

HK$’000 HK$’000<br />

<br />

Within one year 16,879 20,388<br />

In the second to fifth years,<br />

inclusive<br />

<br />

34,798 34,913<br />

After five years 3,689 7,034<br />

(b) As lessee<br />

The Group leases certain pieces of its land for<br />

factories, retail outlets, plant and machinery, training<br />

center, and staff and directors’ quarters under<br />

operating lease arrangements. Such leases are<br />

negotiated for terms of not more than 50 years.<br />

At the end of the reporting period, the Group had<br />

total future minimum lease payments under noncancellable<br />

operating leases with its landlords falling<br />

due as follows:<br />

34. <br />

(a) <br />

<br />

14<br />

<br />

<br />

<br />

55,366 62,335<br />

Group<br />

<br />

2010 2009<br />

<br />

HK$’000 HK$’000<br />

<br />

Within one year 556,949 475,565<br />

In the second to fifth years,<br />

inclusive<br />

<br />

1,020,380 848,305<br />

After five years 627,723 609,186<br />

(b)<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

2,205,052 1,933,056<br />

TEXWINCA HOLDINGS LIMITED ANNUAL REPORT 2010 <br />

113

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