(a) | Capital commitments |
The Group’s capital expenditure contracted for as of December 31, but not provided in the consolidated financial statements were as follows:
2017 | 2016 | |||||||
Million | Million | |||||||
Land and buildings |
10,950 | 8,788 | ||||||
Telecommunications equipment |
32,112 | 26,147 | ||||||
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43,062 | 34,935 | |||||||
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(b) | Operating lease commitments |
The total future minimum lease payments under non-cancellable operating leases as of December 31 are as follows:
Land and buildings |
Leased lines
and network |
Others | Total | |||||||||||||
Million | Million | Million | Million | |||||||||||||
As of December 31, 2017 |
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Within one year |
10,344 | 46,730 | 1,023 | 58,097 | ||||||||||||
After one year but within five years |
20,372 | 112,465 | 961 | 133,798 | ||||||||||||
After five years |
4,831 | 1,183 | 58 | 6,072 | ||||||||||||
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35,547 | 160,378 | 2,042 | 197,967 | |||||||||||||
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As of December 31, 2016 |
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Within one year |
9,222 | 40,078 | 1,184 | 50,484 | ||||||||||||
After one year but within five years |
18,182 | 119,628 | 812 | 138,622 | ||||||||||||
After five years |
4,810 | 860 | 45 | 5,715 | ||||||||||||
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32,214 | 160,566 | 2,041 | 194,821 | |||||||||||||
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The Group leases certain land and buildings, leased lines and network assets, motor vehicles, computer and other office equipment under operating leases.
(c) | Investment commitments |
The Group has an investment commitment to a joint venture (see note 19).