273 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2023 ACCOUNTABILITY (FINANCIAL STATEMENTS) 33. Leases (continued) (b) Lease liabilities - the Group as lessee 2023 RM million 2022 RM million Group Minimum lease commitments: Within 1 year 24 15 More than 1 year and less than 2 years 22 9 More than 2 years and less than 5 years 73 - Total minimum lease payments 119 24 Less: Amounts representing finance charges (30) (1) Present value of minimum lease payments 89 23 Present value of payments: Within 1 year 21 14 More than 1 year and less than 2 years 19 9 More than 2 years and less than 5 years 49 - Present value of minimum lease payments 89 23 Less: Amounts due within 12 months (21) (14) Amounts due after 12 months 68 9 Company Minimum lease commitments: Within 1 year 2 3 More than 1 year and less than 2 years - 2 Total/Present value of minimum lease payments 2 5 Present value of payments: Within 1 year 2 3 More than 1 year and less than 2 years - 2 Present value of minimum lease payments 2 5 Less: Amounts due within 12 months (2) (3) Amounts due after 12 months - 2
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