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Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

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NOTES TO THEFINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2012</strong> (CONTINUED)37. CONTINGENCIES AND COMMITMENTS (CONTINUED)(b) Operating lease commitmentsXL entered into non-cancellable office and tower rental agreements IDR with various terms and the totalcommitment are as follows:<strong>2012</strong> 2011equivalent*equivalent*iDR’ million RM’000 IDR’ million RM’000Payable within one (1) year 552,851 175,807 18,850 6,579Payable more than one (1) yearand no later than five (5) years 2,147,890 683,029 84,268 29,410Payable more than five (5) years 434,751 138,251 69,854 24,379Total 3,135,492 997,087 172,972 60,368* based on closing rate as at reporting dateThe rental expenses related to XL’s commitment for the financial year ended 31 December <strong>2012</strong> and 2011amounted to RM179.0 million (IDR563,013.0 million) and RM6.6 million (IDR18,850.0 million) respectively.(c) 3G annual fees commitmentXL has committed to pay annual fees within ten (10) years, as long as XL holds the 3G license. The amountof annual payment is based on the scheme of payment set out in Regulation No. 07/PER/M.KOMINFO/2/2006of the Minister of Communication and Information. No penalty will be imposed in the event that XL returnsthe license.278

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