2020 INTEGRATED REPORT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) for the year ended 31 December 2020 32. COMMITMENTS Group 2020 2019 R’m R’m (a) Capital expenditure contracted for at the reporting date but not yet incurred is as follows: – Committed but not contracted for 109 107 (b) Operating lease commitments – where a Group entity is the lessor The Group leases out its investment property (see note 3) under non-cancellable operating lease agreements. The leases have varying terms, escalation clauses and renewal rights. The lease revenue charged to the Statement of Profit or Loss and Other Comprehensive Income during the year is disclosed in note 22. The future aggregate minimum lease receipts under non-cancellable operating leases are as follows: Due in one year or less 34 54 Due between one year and five years 44 77 Due after five years 1 3 (c) Irrevocable loan commitments Authorised and contracted 178 – 174 | PPS INTEGRATED REPORT 2020