BIMB Integrated Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 49. LEASE COMMITMENTS Leases as lessee Non-cancellable operating lease rentals are payable as follows: GROUP 2017 2016 RM’000 RM’000 Within one year 47,214 47,593 Between one and five years 136,450 129,260 More than five years 245,014 264,744 428,678 441,597 Leases as lessor The Group leases out its investment properties (see Note 16). The future minimum lease receivables under non-cancellable leases are as follows: GROUP 2017 2016 RM’000 RM’000 Within one year 6,671 706 Between one and five years 5,839 600 12,510 1,306 50. CAPITAL MANAGEMENT The Group’s objectives when managing capital is to maintain a strong capital base and safeguard the Group’s ability to continue as a going concern, so as to maintain investor, creditor and market confidence and to sustain future development of the business. The Directors monitor the adequacy of capital on an ongoing basis. There were no changes in the Group’s approach to capital management during the financial year. Under the Listing Requirement of Bursa Malaysia Practice Note No. 17/2005, the Company is required to maintain a consolidated shareholders’ equity equal to or not less than the 25 percent of the issued and paid-up capital (excluding treasury shares) and such shareholders’ equity is not less than RM40 million. The Company has complied with this requirement. The capital requirements in respect of Bank Islam Malaysia Berhad, Syarikat Takaful Malaysia Berhad and BIMB Securities Sdn Bhd are subject to regulatory requirements either from Bank Negara Malaysia or Bursa Malaysia Berhad. 292 BIMB HOLDINGS BERHAD Integrated Annual Report 2017