Yinson Annual Report 2021

283 ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 33. Leases (continued) (b) Lease liabilities - the Group as lessee 2021 2020 RM million RM million Group Minimum lease commitments: Within 1 year 16 15 More than 1 year and less than 2 years 9 13 More than 2 years and less than 5 years 4 7 Total minimum lease payments 29 35 Less: Amounts representing finance charges (2) (3) Present value of minimum lease payments 27 32 Present value of payments: Within 1 year 14 13 More than 1 year and less than 2 years 9 12 More than 2 years and less than 5 years 4 7 Present value of minimum lease payments 27 32 Less: Amount due within 12 months (14) (13) Amount due after 12 months 13 19 Company Minimum lease commitments: Within 1 year 3 - More than 1 year and less than 2 years 3 - More than 2 years and less than 5 years 2 - Total/Present value of minimum lease payments 8 - Present value of payments: Within 1 year 3 - More than 1 year and less than 2 years 3 - More than 2 years and less than 5 years 2 - Present value of minimum lease payments 8 - Less: Amount due within 12 months (3) - Amount due after 12 months 5 -

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