Yinson Annual Report 2020

298 Notes to the financial statements (cont’d) For the financial year ended 31 January 2020 Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY 39. Commitments (continued) (b) Operating lease commitments – Group as lessor The Group has entered into leases for its FPSOs. These non-cancellable leases have remaining lease terms of between 2 years to 13 years and subject to revision on the rental charge where contractually applicable. Future minimum rentals receivable under non-cancellable operating leases at the reporting date are as follows: Group 2020 2019 RM’000 RM’000 Within 1 year 695,189 596,444 More than 1 year and less than 5 years 2,919,777 3,484,791 More than 5 years 3,342,980 4,641,334 6,957,946 8,722,569 Chartering fees from leasing of FPSOs recognised in profit or loss during the financial year are disclosed in Note 6. 40. Fair value measurement (a) Fair value hierarchy The following table provides the fair value measurement hierarchy of the Group’s assets and liabilities. Fair value measurement using Quoted prices in active market Level 1 Significant observable inputs Level 2 Significant unobservable inputs Level 3 Total RM’000 RM’000 RM’000 RM’000 At 31 January 2020 Non-financial asset: Investment properties - - 17,708 17,708 Financial asset: Other investments - 202,332 - 202,332 Financial liability: Interest rate swaps - 156,154 - 156,154