Tropicana Corporation Berhad Annual Report 2019

32. BORROWINGS (CONT’D.) Other information on financial risks of borrowings are disclosed in Note 39. Company 2019 2018 RM’000 RM’000 Unsecured corporate guarantees given to banks for credit facilities granted to: - Subsidiaries 2,341,307 2,324,656 - Joint ventures 28,524 6,888 - Associate 83,965 85,941 2,453,796 2,417,485 As at 31 December 2019, the Group has the following undrawn banking facilities: Group 2019 2018 RM’000 RM’000 Banking facilities obtained by the subsidiaries 314,955 564,664 Banking facilities obtained by the joint ventures 40,281 – Banking facilities obtained by the associate 200,000 – (a) Hire purchase The Group has finance leases for certain items of property, plant and equipment. Future minimum lease payments under finance leases together with the present value of the net minimum lease payments are as follows: Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Minimum lease payments: Not later than 1 year 462 1,066 54 82 Later than 1 year but not later than 2 years 150 461 82 82 Later than 2 years but not later than 5 years 164 216 129 197 Total minimum lease payments 776 1,743 265 361 Less: Amount representing finance charges (55) (104) (22) (37) Present value of minimum lease payments 721 1,639 243 324 pg 223 Tropicana Corporation Berhad Annual Report 2019 Sustainability at Tropicana What We’ve Governed Financial Statements & Other Information