The future minimum lease payments under non-cancellable operating leases are as follows :
| As at 31 December 2017 RMB million |
As at 31 December 2016 RMB million |
|||||||
|
Not later than one year |
784 | 632 | ||||||
|
Later than one year but not later than five years |
1,101 | 764 | ||||||
|
Later than five years |
44 | 27 | ||||||
|
Total |
1,929 | 1,423 | ||||||