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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