TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
91
NOTES TO THE FINANCIAL STATEMENTS
12. Finance lease receivables
Group
Note
2014
2013
RM’000
RM’000
Finance lease receivables
1,939
3,902
Less: Unearned interest
(205)
(492)
1,734
3,410
Less: Impairment loss
-
-
1,734
3,410
Current
Finance lease receivables
1,098
1,906
Less: Impairment loss
-
-
13
1,098
1,906
Non-current
Finance lease receivables
636
1,504
1,734
3,410
Future
minimum
lease
payments
Unearned
interest
Present
value of
minimum
lease
payments
Future
minimum
lease
payments
Unearned
interest
Present
value of
minimum
lease
payments
2014
2014
2014
2013
2013
2013
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
Group
Current
Less than one year
1,267
(169)
1,098
2,202
(296)
1,906
Non-current
Between one and five
years
672
(36)
636
1,700
(196)
1,504
1,939
(205)
1,734
3,902
(492)
3,410
Finance lease receivables less than one year are classified under current assets as receivables.
