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BISICHI MINING PLC ANNUAL REPORT 2017

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Financial statements Notes to the financial statements<br />

30. HEAD LEASE COMMITMENTS AND FUTURE PROPERTY LEASE RENTALS CONTINUED<br />

The future aggregate minimum rentals receivable under non-cancellable operating leases are as follows:<br />

Within one year 914 981<br />

Second to fifth year 2,460 2,533<br />

After five years 9,327 9,262<br />

12,701 12,776<br />

31. CONTINGENT LIABILITIES AND POST BLANCE SHEET EVENTS<br />

Bank guarantees have been issued by the bankers of Black Wattle Colliery (Pty) Limited on behalf of the company to third parties. The guarantees are<br />

secured against the assets of the company and have been issued in respect of the following:<br />

Rail siding 64 63<br />

Rehabilitation of mining land 1,387 1,364<br />

Water & electricity 58 57<br />

<strong>2017</strong><br />

£’000<br />

<strong>2017</strong><br />

£’000<br />

2016<br />

£’000<br />

2016<br />

£’000<br />

Bisichi Mining <strong>PLC</strong><br />

87

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