327 ANNUAL REPORT 2022 ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 38. Commitments (a) Capital commitments Group 2022 2021 RM million RM million Approved and contracted for: Property, plant and equipment 147 31 (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 11 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 2022 2021 RM million RM million Within 1 year 658 690 More than 1 year and less than 5 years 2,705 2,703 More than 5 years 2,344 2,774 5,707 6,167 Chartering fees from leasing of FPSOs recognised in profit or loss during the financial year are disclosed in Note 6.
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