321 ANNUAL REPORT 2022 ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 33. Leases (continued) (b) Lease liabilities - the Group as lessee 2022 2021 RM million RM million Group Minimum lease commitments: Within 1 year 15 16 More than 1 year and less than 2 years 9 9 More than 2 years and less than 5 years - 4 Total minimum lease payments 24 29 Less: Amounts representing finance charges (1) (2) Present value of minimum lease payments 23 27 Present value of payments: Within 1 year 14 14 More than 1 year and less than 2 years 9 9 More than 2 years and less than 5 years - 4 Present value of minimum lease payments 23 27 Less: Amount due within 12 months (14) (14) Amount due after 12 months 9 13 Company Minimum lease commitments: Within 1 year 3 3 More than 1 year and less than 2 years 2 3 More than 2 years and less than 5 years - 2 Total/Present value of minimum lease payments 5 8 Present value of payments: Within 1 year 3 3 More than 1 year and less than 2 years 2 3 More than 2 years and less than 5 years - 2 Present value of minimum lease payments 5 8 Less: Amount due within 12 months (3) (3) Amount due after 12 months 2 5
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