36. Commitments and operating leases (cont’d.)
(b) Non-cancellable operating leases
The future minimum lease payments and sublease receipts under non-cancellable operating leases are as follows:
2017
2016
Future
minimum
lease
payments
RM’000
Future
minimum
sublease
receipts
RM’000
Future
minimum
lease
payments
RM’000
Future
minimum
sublease
receipts
RM’000
Group
Not later than 1 year
776,747 1,174,408
559,841
1,146,130
Later than 1 year and not later than 5 years
2,609,430 3,564,752 2,395,316
3,879,218
Later than 5 years
1,981,286 1,601,452
790,591
1,883,018
5,367,463 6,340,612 3,745,748
6,908,366
Company
Not later than 1 year
242,714
135,743
125,615
188,169
Later than 1 year and not later than 5 years
878,372
298,670
464,773
486,640
Later than 5 years
1,287,906
144,676
241,521
286,499
2,408,992
579,089
831,909
961,308
Sublease receipts include lease receipts from both owned and leased aircraft receivable fromThai AirAsia Co. Ltd, PT Indonesia
AirAsia, AirAsia Inc, Philippines AirAsia Inc, AirAsia Japan Co. Ltd and AirAsia (India) Private Limited.
37. Segmental information
Operating segments are reported in a manner consistent with the internal management reporting provided to the chief operating
decision maker, which is the Group’s Chief Executive Officer (“GCEO”) effective 1 July 2015. The GCEO considers the business from
a geographical perspective and identified the operating segments by each Air Operator Certificate (“AOC”) held under the AirAsia
brand. These are categorised as Malaysia, Thailand, Indonesia, Philippines, India and Japan.
The GCEO assesses the performance of the operating segments based on revenue and net operating profit.
Segment analysis by product categories has not been prepared as theGroup is primarily engaged in the provision of air transportation
services. Reconciliation to the reportable segments relates to the elimination of the associate companies.
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333
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS