WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
164
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2016
40. OPERATING LEASE COMMITMENTS
– continued
At the end of the reporting period, the Group had commitments for future minimum lease payments
under non-cancellable operating leases which fall due as follows:
THE GROUP
2016
2015
HK$’000
HK$’000
Within one year
8,814
6,974
In the second to fifth year inclusive
7,516
8,023
16,330
14,997
Operating lease payments represent rentals payable by the Group for certain of its office
properties. Leases are negotiated for an average term of 2 years and rentals are fixed for an
average of 2 years.
41. CAPITAL COMMITMENT
THE GROUP
2016
2015
HK$’000
HK$’000
Capital expenditure in respect of the acquisition of
property, plant and equipment contracted for but
not provided in the consolidated financial statements
561
598
