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<strong>Annual</strong> <strong>Report</strong> <strong>2007</strong><br />
<strong>The</strong> <strong>Link</strong> Real Estate Investment Trust<br />
111<br />
Notes to the Consolidated Financial Statements<br />
25 Connected party transactions and significant related party transactions and<br />
balances (continued)<br />
(c)<br />
Balances with related parties<br />
Balances with related parties are set out below:<br />
<strong>2007</strong> 2006<br />
HK$’M<br />
HK$’M<br />
Interest bearing liabilities with the HSBC Group (598) (12,169)<br />
Short term deposits and savings placed with the HSBC Group 497 746<br />
Net interest receivable/(payable) to the HSBC Group 6 (50)<br />
Strategic Partner fee payable to CapitaLand Limited (Note) (1) (1)<br />
Note:<br />
<strong>The</strong> balance is unsecured, interest-free and repayable on demand.<br />
26 Future minimum rental receivables<br />
As at 31 March <strong>2007</strong>, the Group had future minimum rental income receivable under non-cancellable leases as follows:<br />
<strong>2007</strong> 2006<br />
HK$’M<br />
HK$’M<br />
Within one year 1,807 1,517<br />
Between one andfi ve years 1,585 1,336<br />
Beyondfi ve years 20 22<br />
3,412 2,875<br />
Most of the operating leases are onfi xed terms and for terms of 3 years (2006: 3 years).