17. Lease receivables

17.1 Finance lease receivables

The Group provides voice and non-voice services to its customers, which make use of router and PABX equipment that is dedicated to specific customers. The disclosed information relates to those arrangements which were assessed to be finance leases in terms of IFRS 16.

Group Total
Rm
  <1 year
Rm
  1 - 5 years
Rm
  >5 years
Rm
 
2020                
Minimum lease payments receivable                
Lease payments receivable 293   128   165   –  
Unearned finance income (40)   (22)   (18)   –  
Present value of minimum lease income (Lease receivables) 253   106   147   –  
2019                
Minimum lease payments receivable                
Lease payments receivable 374   137   237   –  
Unearned finance income (56)   (29)   (27)   –  
Present value of minimum lease income (Lease receivables) 318   108   210   –  
Company Total 
Rm 
  <1 year 
Rm 
  1 - 5 years 
Rm 
  >5 years
Rm
 
2020                
Minimum lease payments receivable                
Lease payments receivable 293    128    165    –  
Unearned finance income (40)   (22)   (18)   –  
Present value of minimum lease income (Lease receivables) 253    106    147    –  
2019                
Minimum lease payments receivable                
Lease payments receivable 374    137    237    –  
Unearned finance income (56)   (29)   (27)   –  
Present value of minimum lease income (Lease receivables) 318    108    210    –  

17.2 Operating lease receivables

Group operating leases Total 
Rm 
  <1 year 
Rm 
  1 - 5 years 
Rm 
  >5 years 
Rm 
 
2020                
Rental receivable on buildings (137)   (35)   (67)   (35)  
Exchanges (215)   (56)   (159)   –   
Mast and towers (1 506)   (531)   (974)   (1)  
Total (1 858)   (622)   (1 200)   (36)  
2019                
Rental receivable on buildings (2 193)   (691)   (1 445)   (57)  
Customer premises equipment receivables (20)   (14)   (6)   –   
Total (2 212)   (705)   (1 451)   (57)  
Company operating leases Total 
Rm 
  <1 year 
Rm 
  1 - 5 years 
Rm 
  >5 years 
Rm 
 
2020                
Rental receivable on buildings (58)   (26)   (33)   –   
Exchanges (176)   (48)   (128)   –   
Total (234)   (73)   (161)   –   
2019                
Rental receivable on buildings (2 114)   (682)   (1 419)   (13)  
Customer premises equipment receivables (20)   (14)   (6)   –   
Total (2 134)   (697)   (1 425)   (13)