Annual report 2009-OK.qxp - Canadia Bank Plc.

Canadia Bank Plc.29. COMMITMENTS AND CONTINGENT LIABILITIES (continued)b) Lease commitmentsWhere the Bank is the lessee, the future minimum lease payments under non-cancellable operating leases of itsbranches in Phnom Penh and provinces are as follows:2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Not later than one year 477,785 1,992 307,385 1,254Later than one year and not later thanfive years 1,374,815 5,732 770,315 3,144Over five years 2,205,518 9,195 2,111,368 8,6164,058,118 16,919 3,189,068 13,014c) Capital expenditure and other service commitmentsCapital commitments authorised and contracted for new office buildings, new core bankingsoftware and other related services as at balance sheet date are as follows:2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)57Annual Report 2009Not later than one year 1,158,801 4,831 5,656,910 23,086Later than one year and not later thanfive years - - 622,188 2,5391,158,801 4,831 6,279,098 25,62530. RELATED PARTY TRANSACTIONSA number of banking transactions are entered into with related parties in the normal course ofbusiness which include loans, deposits and foreign currency transactions.Related party transactions, outstanding balances at year-end, and related expense and income forthe year are as follows: