28 COMMITMENTS
(a) The Group’s capital commitments for fixed assets and projects under development are as follows:
2015
2014
HK$’000
HK$’000
Contracted but not provided for
645,143
99,256
Authorised but not contracted for (Note)
1,606,629
2,176,952
2,251,772
2,276,208
The Group’s share of capital commitments of the joint ventures is as follows:
2015
2014
HK$’000
HK$’000
Contracted but not provided for
-
-
Authorised but not contracted for
89,007
137,700
Note:
The capital commitments were budgeted amounts estimated for future capital expenditures of the Group. These estimates
are subject to a rigorous authorisation process before the expenditure is committed.
(b) At 31 December 2015, the Group had future aggregate minimum lease payments under non-cancellable operating
leases for oªce premises and port facilities as follows:
2015
2014
HK$’000
HK$’000
Within one year
23,796
31,574
Between two to five years
16,842
29,715
More than five years
-
155
40,638
61,444
(c) At 31 December 2015, the Group had future aggregate minimum lease receivable under non-cancellable operating
leases for oªce premises and port facilities as follows:
2015
2014
HK$’000
HK$’000
Within one year
6,326
13,767
Between two to five years
33,570
4,480
39,896
18,247
Notes to the
Financial Statements
109
ANNUAL REPORT 2015
HUTCHISON PORT HOLDINGS TRUST
