NOTES TO
FINANCIAL STATEMENTS
December 31, 2015
19
FINANCE LEASES
Group
Minimum
lease payments
Present value of
minimum
lease payments
2015
2014
2015
2014
US$’000
US$’000
US$’000
US$’000
Amounts payable under finance leases:
Within one year
49
50
44
44
In the second to fifth years inclusive
41
77
36
68
90
127
80
112
Less: Future finance charges
(10)
(15)
N/A
N/A
Present value of lease obligations
80
112
80
112
Less: Amount due for settlement
within 12 months (shown
under current liabilities)
(44)
(44)
Amount due for settlement after 12 months
36
68
Company
Minimum
lease payments
Present value of
minimum
lease payments
2015
2014
2015
2014
US$’000
US$’000
US$’000
US$’000
Amounts payable under finance leases:
Within one year
39
43
35
38
In the second to fifth years inclusive
27
71
23
62
66
114
58
100
Less: Future finance charges
8
(14)
N/A
N/A
Present value of lease obligations
58
100
58
100
Less: Amount due for settlement
within 12 months (shown
under current liabilities)
(35)
(38)
Amount due for settlement after 12 months
23
62
121
FOCUSED & RESILIENT
SAMUDERA SHIPPING LINE LTD
ANNUAL REPORT 2015
