| |
The Group provides voice and non-voice services to its customers, which make use of router, PABX equipment and IT equipment that are dedicated to specific customers. The disclosed information relates to those arrangements that have been assessed to be finance leases.
| |
| |
31 March 2025 |
| |
Total
Rm |
<1 year
Rm |
1 – 5 years
Rm |
| Minimum lease payments receivable |
|
|
|
|
|
|
| Lease payments receivable |
643 |
306 |
337 |
705 |
360 |
345 |
| Unearned finance income |
(24) |
(1) |
(23) |
(76) |
(41) |
(35) |
| Present value of minimum lease income (finance lease receivables) |
619 |
305 |
314 |
629 |
319 |
310 |
| Expected credit loss |
(148) |
|
|
(165) |
|
|
| Carrying amount |
471 |
|
|
464 |
|
|
| |
|
|
|
|
|
|
| Allowance for credit losses – Finance lease receivable |
(148) |
|
|
(165) |
|
|
| Opening balance |
(165) |
|
|
(36) |
|
|
| Charged to statement of profit or loss and other comprehensive income |
(2) |
|
|
(129) |
|
|
| Reclassification to trade receivables |
19 |
|
|
— |
|
|
|
|
|
|
|
|
|
| |
| |
31 March 2025 |
| |
Total
Rm |
<1 year
Rm |
1 – 5 years
Rm |
| Minimum lease payments receivable |
|
|
|
|
|
|
| Lease payments receivable |
353 |
102 |
251 |
242 |
70 |
172 |
| Unearned finance income |
(66) |
(29) |
(37) |
(39) |
(22) |
(17) |
| Present value of minimum lease income (finance lease receivables) |
287 |
73 |
214 |
203 |
48 |
155 |
| Expected credit loss |
(17) |
|
|
(10) |
— |
— |
| Carrying amount |
270 |
|
|
193 |
|
|
| |
|
|
|
|
|
|
| Allowance for credit losses – Finance lease receivable |
(17) |
|
|
(10) |
|
|
| Opening balance |
(10) |
|
|
(10) |
|
|
| Charged to statement of profit or loss and other comprehensive income |
(2) |
|
|
— |
|
|
| Enterprise loss allowance movement |
(5) |
|
|
— |
|
|
|
|
|
|
|
|
|
The increase in finance lease receivables for Company is mainly due to PABX contracts signed with BCX Enterprise customers in the current year.
| |
| |
31 March 2025 |
| |
Total
Rm |
<1 year
Rm |
1 – 5 years
Rm |
>5 years
Rm |
| Rental receivable on buildings |
210 |
77 |
128 |
5 |
201 |
54 |
123 |
24 |
| Customer premises equipment receivables |
9 |
2 |
7 |
— |
5 |
3 |
2 |
— |
| Exchanges1 |
62 |
62 |
— |
— |
285 |
67 |
183 |
35 |
| Total |
281 |
141 |
135 |
5 |
491 |
124 |
308 |
59 |
| 1 |
After the sale of Swiftnet in the prior year, exchange lease income contracts are held by TowerCo BidCo (the company that acquired Swiftnet) and are not in the name of the Group, therefore the contractual exchange income is reflected as zero as TowerCo BidCo is the lessor and not the Group. The Group is expecting to receive lease income up until 30 September 2026 as per the bifurcation agreement. |
| |
| |
31 March 2025 |
| |
Total
Rm |
<1 year
Rm |
1 – 5 years
Rm |
>5 years
Rm |
| Rental receivable on buildings |
96 |
69 |
27 |
— |
167 |
71 |
96 |
— |
| Customer premises equipment receivables |
9 |
2 |
7 |
— |
5 |
3 |
2 |
— |
| Total |
105 |
71 |
34 |
— |
172 |
74 |
98 |
— |
|
