2009 - TDM Berhad

116 TDM Berhad (6265-P)Notes to the Financial Statements29. Hire Purchase and Finance Lease PayablesGroupCompany2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Minimum lease payments:Not later than 1 year 1,288 865 91 91Later than 1 year and not later than 2 years 1,628 865 91 91Later than 2 years and not later than 5 years 446 1,255 68 180Later than 5 years 22 – – –3,384 2,985 250 362Less: Future fi nance charges (288) (303) (17) (31)Present value of fi nance lease payables 3,096 2,682 233 331Analysis of present value of hire purchase payables:Not later than 1 year 1,144 752 82 89Later than 1 year and not later than 2 years 1,515 752 82 89Later than 2 years and not later than 5 years 423 1,178 69 153Later than 5 years 14 – – –3,096 2,682 233 331Less: Due within 12 months (Note 21) (1,144) (752) (82) (89)Due after 12 months (Note 21) 1,952 1,930 151 242The hire purchase and lease liabilities bore an average interest rate at the balance sheet date of 2.70% to 4.50% (2008: 2.62% to 4.50%)per annum. The Group has fi nance leases and hire purchase contracts for various items of property, plant and equipment (see Note 11(b)).These leases have terms of renewal but no purchase options and escalation clauses. Renewals are at the option of the specifi c entity thatholds the lease. There are no restrictions placed upon the Group by entering into these leases and no arrangements have been enteredinto for contingent rental payments.Other information on fi nancial risks of hire purchase and fi nance lease liabilities are disclosed in Note 35.30. Capital CommitmentsGroup2009 2008RM’000 RM’000Approved and contracted for– Property, plant and equipment 14,908 520Approved but not contracted for– Property, plant and equipment 16,448 9,504