YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2024 288 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 January 2024 33. LEASES (CONTINUED) (b) Lease liabilities - the Group as lessee 2024 RM million 2023 RM million Group Minimum lease commitments: Within 1 year 35 24 More than 1 year and less than 2 years 30 22 More than 2 years and less than 5 years 28 27 More than 5 years 50 46 Total minimum lease payments 143 119 Less: Amounts representing finance charges (37) (30) Present value of minimum lease payments 106 89 Present value of payments: Within 1 year 35 21 More than 1 year and less than 2 years 26 19 More than 2 years and less than 5 years 20 21 More than 5 years 25 28 Present value of minimum lease payments 106 89 Less: Amounts due within 12 months (35) (21) Amounts due after 12 months 71 68 Company Minimum lease commitments: Within 1 year 3 2 More than 1 year and less than 2 years 3 - More than 2 years and less than 5 years 3 - Total minimum lease payments 9 2 Less: Amounts representing finance charges (1) - Total/Present value of minimum lease payments 8 2 Present value of payments: Within 1 year 3 2 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 2 Less: Amounts due within 12 months (3) (2) Amounts due after 12 months 5 -
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