Notes to the Consolidated Financial Statements - Uni-Asia Finance ...

Realising A Sustainable Future
101
Notes to the Consolidated Financial Statements
Year ended 31 December 2009
34. COMMITMENTS
(a)
Capital commitments
Capital expenditure contracted for at the balance sheet date but not recognized in the financial statements of the Group
and the Company are as follows:
Group
Company
2009 2008 2009 2008
US$’000 US$’000 US$’000 US$’000
Capital commitments in respect of
vessels under construction – 201,010 – 41,703
(b)
Operating lease commitments - the Group as lessee
The Group leases certain of its office and hotel properties and office equipments under operating lease arrangements.
Terms for the leases for properties range from three to six years and those for office equipments range between two and
five years.
At the balance sheet date, the Group and the Company had total future minimum lease payments under non-cancellable
operating leases falling due as follows:
Premises and office equipment
Group
Company
2009 2008 2009 2008
US$’000 US$’000 US$’000 US$’000
Within one year 1,832 1,947 878 1,055
Later than one year and not later than five years 709 925 40 786
Hotel properties
2,541 2,872 918 1,841
Within one year 7,351 8,331 – –
Later than one year and not later than five years 7,448 14,983 – –
14,799 23,314 – –