FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 307 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 55 COMMITMENTS (CONTINUED) (a) Operating lease arrangements (continued) (ii) The Group as lessor: Operating lease receipts represent rentals receivable by the Group for natural oil tanks and oil pipeline system rented out. The future aggregate minimum lease receivables under non-cancellable operating lease are as follows: Group 2017 RM’000 2016 RM’000 Within 1 year 2,089 2,315 Between 1 and 2 years 2,089 2,315 Between 2 and 3 years 2,089 2,315 Between 3 and 4 years 2,089 2,315 Between 4 and 5 years 2,089 2,315 10,445 11,575 Rental income recognised in profit or loss during the financial year amounted to RM2,201,000 (2016: RM2,132,000). (b) Capital commitments Group 2017 RM’000 2016 RM’000 Capital expenditure approved and contracted for: - Property, plant and equipment 415,178 703,445 - Bearer plants 99,031 87,958 514,209 791,403