Yinson Annual Report 2020

290 Notes to the financial statements (cont’d) For the financial year ended 31 January 2020 Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY 33. Leases (CONTINUED) (b) Lease liabilities - the Group as lessee Group Company 2020 2020 RM’000 RM’000 Minimum lease commitments: Within 1 year 14,574 323 More than 1 year and less than 2 years 13,115 - More than 2 years and less than 5 years 7,196 - Total minimum lease payments 34,885 323 Less: Amounts representing finance charges (3,492) (15) Present value of minimum lease payments 31,393 308 Present value of payments: Within 1 year 12,747 308 More than 1 year and less than 2 years 11,982 - More than 2 years and less than 5 years 6,664 - Present value of minimum lease payments 31,393 308 Less: Amount due within 12 months (12,747) (308) Amount due after 12 months 18,646 - (c) Obligations under finance leases Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Minimum lease commitments: Within 1 year - 413 - 22 More than 1 year and less than 2 years - 542 - - More than 2 years and less than 5 years - 588 - - Total minimum lease payments - 1,543 - 22 Less: Amounts representing finance charges - (168) - - Present value of minimum lease payments - 1,375 - 22