Yinson Annual Report 2021

289 ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 39. Commitments (a) Capital commitments Group 2021 2020 RM million RM million Approved and contracted for: Property, plant and equipment 31 35 (b) Operating lease commitments - Group as lessor The Group entered into leases for its FPSOs. These non-cancellable leases have remaining lease terms of between 1 year to 12 years and are 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 2021 2020 RM million RM million Within 1 year 690 695 More than 1 year and less than 5 years 2,703 2,920 More than 5 years 2,774 3,343 6,167 6,958 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 Significant observable inputs Significant unobservable inputs Level 1 Level 2 Level 3 Total RM million RM million RM million RM million At 31 January 2021 Non-financial asset: Investment properties - - 15 15 Financial asset: Other investments - 229 - 229 Financial liability: Interest rate swaps - 225 - 225